PYPL Options Chain — Open Interest, Implied Volatility, Max Pain & Gamma Exposure

Analyze the complete PYPL options chain including strike-level open interest, real-time implied volatility (IV), max pain levels, gamma exposure, dealer positioning, and options flow trends. This dashboard provides data-driven insights for traders building directional or hedging strategies around PYPL.

Latest Data: 2026-07-20 (EDT)

Max Pain Price

Exp: 2026-07-24

Gamma Flip

43.76

Gamma Flip (≈60 days)

Put/Call OI Ratio

0.541

Shows put vs call positioning

IV Skew

-1.90

Put–call IV difference

Max Pain Price Volatility

σ = 13.00

high volatility

Confidence 85%

Near-Term Options-Derived Market Structure

NEUTRAL OUTLOOK

Reflecting options positioning and volatility conditions over the coming sessions.

The options structure reflects a high-confidence neutral environment. Dealer positioning and volatility suppression suggest a stable range-bound setup rather than a directional move. Options Chian

On the put side, the bearish positioning looks mainly like hedging. This reflects caution and short-term protection rather than a true bearish call. Confidence: 100%

Current DPI is 0.746(neutral). ⏳ Neutral accumulation, DPI neutral, but makers are actively building positions.

Options Terrain Outlook (3-Month)

Options structure allows for directional movement, but with elevated volatility and less predictable follow-through. Volatility conditions are moderately choppy. Options constraints exert a moderate influence on price behavior. Directional moves may struggle to sustain follow-through. Structural sensitivity is elevated around the 2027-01-15 options expiry. 100% confidence

The support levels for PYPL are at 56.39, 55.74, and 53.57, while the resistance levels are at 57.25, 57.90, and 60.07. The pivot point, a key reference price for traders, is at 58.00.

Short-Term Options-Implied Price Range & Flow Structure (DTE: 4)

Based on the latest options positioning (DTE 4), the ATM straddle implies a standardized 1.76% 1-day move.

The expected range for the next 4 days is 53.86 — 58.30 , corresponding to +2.60% / -5.21% .

Estimated using ATM implied volatility, OTM option flow, and dealer hedging conditions to capture the market-implied price range.

Bullish flow suggests upside interest toward 58.96 (3.77% above spot).

Bearish positioning points to downside pressure toward 52.18 (8.17% below spot).

Options flow strength: 0.80 (0–1 scale). ATM Strike: 57.00, Call: 0.94, Put: 1.07, Straddle Cost: 2.00.

Price moves are likely to stay range-bound. The short-term gamma flip is near 42.73 , with intermediate positioning around 43.76 . The mid-term gamma flip remains near 43.74.