5711 PYPL Oct 30 Weekly 30.5 calls went up in 1 block on the AMEX marked price variation.?

PYPL

Shares of Paypal Holdings Inc. (PYPL) are up .21 to 30.85. PYPL is near the bottom of the 52 week range.

  • Paper traded 5711 PYPL Oct 30 Weekly 30.5 calls for 2.05 today. ??
  • The ADV is 14134 contracts.? ?
  • The open interest is 0 contracts.

The volume went up in 1 block on the AMEX marked price variation.? A block of over 300000 shares of PYPL went up concurrent with the call purchase close to delta neutral.? This trader is looking for big move as the call buy is right around earnings time.? A massive block of 15k Oct 30 Weekly 28.5 puts traded as well but are most likely buy to close.

  • IV 30 is trading for 49%.?
  • HV10 is trading for 44%.?
  • IV 30 is above the HV 10.

PayPal Holdings, Inc. (PayPal) is a technology platform company, which enables digital and mobile payments on behalf of consumers and merchants around the world. The Company focuses on its consumers, merchants, friends and family to access and move their money through its platform using various devices, such as mobile, tablets, personal computers and wearables. It provides businesses of various sizes to accept payments from merchant Websites, mobile devices and applications, and at offline retail locations through a range of payment solutions across its Payments Platform, including PayPal, PayPal Credit, Venmo and Braintree products.