PYPL volatility PayPal Holdings, Inc.
IV30Implied volatility interpolated to a constant 30-day horizon from the expirations around it, so different stocks and dates can be compared fairly.38.3%
HV20How much the stock actually moved, measured from daily closing prices over a past window (annualized). Compare with implied volatility to see what the options market priced versus what happened.56.6%
HV6051.6%
IV − HV20 spread
-18.4pt
Universe percentileWhere this IV30 ranks across all securities we cover today (a cross-sectional comparison, not the stock's own history).
63
Own-history percentileWhere today's IV30 sits versus its own daily history — 80 means higher than roughly 80% of recorded observations for that period.
4/60 days recorded
Cboe delayed options data · as of 21:53 UTC · How these are computed
IV term structure
At-the-money implied volatility for each listed expiration, plotted by days remaining.
| Expires | DTE | ATM IV | 25Δ skewThe IV gap between 25-delta puts and 25-delta calls for one expiration. Positive skew means downside protection is priced richer than upside exposure. | Implied move |
|---|---|---|---|---|
| Sep 04, 2026 | 1 | 53.4% | -8.4pt | ±2.3% |
| Sep 11, 2026 | 8 | 35.3% | -3.6pt | ±4.2% |
| Sep 18, 2026 | 15 | 41.5% | +0.5pt | ±6.8% |
| Sep 25, 2026 | 22 | 42.1% | +1.1pt | ±8.2% |
| Oct 02, 2026 | 29 | 38.6% | -1.1pt | ±8.7% |
| Oct 09, 2026 | 36 | 36.8% | -11.1pt | ±9.3% |
| Oct 16, 2026 | 43 | 30.8% | -1.1pt | ±8.6% |
| Oct 23, 2026 | 50 | 38.8% | +12.2pt | ±11.5% |
| Nov 20, 2026 | 78 | 35.7% | +2.0pt | ±13.3% |
| Dec 18, 2026 | 106 | 33.9% | +3.5pt | ±14.7% |
| Jan 15, 2027 | 134 | 36.8% | +5.7pt | ±17.9% |
| Mar 19, 2027 | 197 | 37.8% | +6.5pt | ±22.1% |
| Apr 16, 2027 | 225 | 35.9% | +7.8pt | ±22.4% |
| Jun 17, 2027 | 287 | 35.6% | +9.1pt | ±25.0% |
| Sep 17, 2027 | 379 | 32.7% | +3.3pt | ±26.3% |
| Dec 17, 2027 | 470 | 33.9% | +4.0pt | ±30.2% |
Volatility smile — Sep 18, 2026
Implied volatility by strike. The tilt toward puts (left side higher) is the skew: downside protection priced richer than upside.
callsputs
Implied vs realized, daily record
IV30HV20