PYPL options flow: unusual options activity in PayPal Holdings, Inc.
Updated 28 September 2026, 09:54 ET
Over the last week the tape recorded 109 unusual options prints in PayPal Holdings, Inc. (PYPL), $4.9M of tracked premium, close to even between bullish and bearish premium. Bullish premium was $2.4M against $1.9M bearish; $3.7M went into calls and $1.2M into puts, a put call ratio of 0.32. The largest print was $175K of PYPL 15 Jan 2027 $45 calls on 22 September 2026, swept at ask. The last session with prints, 28 September 2026, added 3 prints and $143K of premium. PYPL closed at $55.04 on 25 September 2026, up 4.6%.
This week's unusual flow
Prints from 21 September 2026 to 28 September 2026, 6 sessions. Delayed tier: every print is shown twenty minutes after it executed, and the page is rebuilt after each session.
Net premium is bullish minus bearish premium. The put call ratio is put premium divided by call premium, weighted by money rather than by contract count. Sweeps is the share of prints executed across several exchanges at once. Read the guide: Reading the Pulse.
Largest prints of the week
| Date | Contract | Type | Size | Open int. | Premium | Execution | Sentiment | Tier |
|---|---|---|---|---|---|---|---|---|
| 22 Sep 2026 | PYPL 15 Jan 2027 $45 calls | Sweep | 175 | 5,537 | $175K | At ask | Bullish | Notable |
| 21 Sep 2026 | PYPL 20 Nov 2026 $60 puts | Sweep | 200 | 1,170 | $162K | At bid | Bullish | Notable |
| 23 Sep 2026 | PYPL 16 Oct 2026 $51 puts | Sweep | 1,082 | 12 | $108K | At bid | Neutral | Notable |
| 22 Sep 2026 | PYPL 18 Dec 2026 $40 calls | Trade | 75 | 1,003 | $105K | At ask | Bullish | |
| 22 Sep 2026 | PYPL 16 Oct 2026 $55 calls | Sweep | 608 | 9,267 | $104K | At ask | Bullish | Notable |
| 21 Sep 2026 | PYPL 20 Nov 2026 $45 puts | Trade | 1,500 | 4,274 | $104K | At ask | Bearish | |
| 22 Sep 2026 | PYPL 21 Jan 2028 $60 calls | Trade | 150 | 7,070 | $103K | At bid | Bearish | |
| 25 Sep 2026 | PYPL 25 Sep 2026 $53 calls | Sweep | 546 | 4,513 | $101K | At ask | Bullish | Notable |
| 25 Sep 2026 | PYPL 18 Dec 2026 $55 calls | Sweep | 223 | 6,608 | $94K | At bid | Bearish | Notable |
| 22 Sep 2026 | PYPL 15 Jan 2027 $45 calls | Trade | 90 | 5,537 | $82K | At ask | Bullish | |
| 28 Sep 2026 | PYPL 18 Dec 2026 $55 calls | Trade | 200 | 6,861 | $82K | At ask | Bullish | |
| 23 Sep 2026 | PYPL 2 Oct 2026 $50 calls | Sweep | 277 | 71 | $82K | At bid | Bearish | Notable |
Size above open interest means the trade opened a position larger than everything that existed in the contract the night before. Above ask and below bid are the most aggressive executions. Read the guide: Size versus open interest.
Where the money is aimed
| Expiry | Prints | Premium | Calls share | Net premium |
|---|---|---|---|---|
| 16 Oct 2026 | 26 | $1.1M | 66% | -$142K |
| 20 Nov 2026 | 21 | $900K | 67% | -$51K |
| 18 Dec 2026 | 12 | $588K | 73% | +$239K |
| 15 Jan 2027 | 10 | $544K | 95% | +$341K |
| 2 Oct 2026 | 7 | $286K | 80% | -$58K |
| 25 Sep 2026 | 6 | $280K | 100% | +$141K |
The most premium, $1.1M, is aimed at the 16 Oct 2026 expiry; the nearest expiry with unusual prints is 25 Sep 2026.
A print in a contract expiring this week is a view about the next few days, often about a known event; a print months out is a different kind of statement. Read the guide: 0DTE options flow.
The last session, 28 September 2026
| Date | Contract | Type | Size | Open int. | Premium | Execution | Sentiment | Tier |
|---|---|---|---|---|---|---|---|---|
| 28 Sep 2026 | PYPL 18 Dec 2026 $55 calls | Trade | 200 | 6,861 | $82K | At ask | Bullish | |
| 28 Sep 2026 | PYPL 19 Mar 2027 $60 calls | Trade | 100 | 1,977 | $35K | At bid | Bearish | |
| 28 Sep 2026 | PYPL 18 Dec 2026 $60 calls | Trade | 100 | 10,919 | $26K | At bid | Bearish |
Every print in PYPL with its full detail, the live tape, one tap filters and saved screeners: open PYPL in Options Sentiment Screener.
Price
The live quote and the price chart sit beside the ticker's flow in the app: open PYPL in Options Sentiment Screener.
Analysts
The most recent analyst targets on file, from 20 firms, have a median of $58, 5.4% above the last close. The last 90 days brought 2 upgrades.
Calls bought at a strike above the average target are a bet that the analysts are too cautious; puts far below the price in a name they like are protection or a strong disagreement. Read the guide: Reading one ticker's flow.
About PayPal Holdings, Inc.
- Exchange
- Nasdaq
- Sector
- Financials
- Industry
- Business Services
- Headquarters
- San Jose, California
- Website
- paypal.com
PayPal Holdings, Inc. operates a technology platform that enables digital payments on behalf of merchants and consumers. The company's payments platform allows consumers to send and receive payments in approximately 200 markets and in approximately 100 currencies. PayPal Holdings was founded in 1998 and is headquartered in San Jose, California.
In the same sector
Flow pages for other Financials names in the S&P 500:
JPM JPMorgan Chase & Co.V Visa Inc.MA Mastercard Inc.BAC Bank of America Corp.MS Morgan StanleyGS Goldman Sachs Group Inc.WFC Wells Fargo & CompanyC Citigroup Inc.
Learn
- What unusual options activity means
- Reading one ticker's flow
- Sweeps, blocks and where a trade printed
- Size versus open interest
- Bullish or bearish, how a print's sentiment is inferred
- The conviction score and whale prints
The live tape for PYPL with every print's execution detail, one tap filters for calls, puts, sweeps and 0DTE, saved screeners and, for Realtime subscribers, push alerts and no delay. The same screen is in the iOS and Android apps.
Open PYPL in Options Sentiment Screener