Aggressive’ Bullish Options Activity Seen in Paypal Holdings Inc

 Aggressive' Bullish Options Activity Seen in Paypal Holdings Inc

In today’s session Paypal Holdings Inc (PYPL) registered an unusually high (1,585) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the January, 2017 call, expecting serious PYPL increase. With 1,585 contracts traded and 44564 open interest for the Jan, 17 contract, it seems this is a quite bullish bet. The option with symbol: PYPL170120C00044000 closed last at: $0.27 or 15.6% down. About 1.86 million shares traded hands. Paypal Holdings Inc (NASDAQ:PYPL) has risen 0.61% since April 18, 2016 and is uptrending. It has underperformed by 3.82% the S&P500.

Paypal Holdings Inc (NASDAQ:PYPL) Ratings Coverage

Out of 35 analysts covering PayPal Holdings Inc (NASDAQ:PYPL), 18 rate it a “Buy”, 3 “Sell”, while 14 “Hold”. This means 51% are positive. PayPal Holdings Inc has been the topic of 62 analyst reports since July 23, 2015 according to StockzIntelligence Inc. The stock of Paypal Holdings Inc (NASDAQ:PYPL) has “Underweight” rating given on Tuesday, July 21 by Piper Jaffray. The rating was initiated by William Blair on Tuesday, October 6 with “Outperform”. The firm has “Positive” rating given on Tuesday, August 18 by Susquehanna. Atlantic Securities initiated the shares of PYPL in a report on Tuesday, March 29 with “Neutral” rating. The stock has “Hold” rating given by Canaccord Genuity on Monday, September 19. The firm has “Buy” rating by Citigroup given on Wednesday, July 22. The firm has “Overweight” rating by Stephens given on Friday, July 8. As per Friday, May 27, the company rating was initiated by Needham. As per Friday, December 11, the company rating was initiated by Credit Suisse. Monness Crespi & Hardt downgraded the stock to “Sell” rating in Monday, January 4 report.

According to Zacks Investment Research, “PayPal Holdings, Inc. is a technology platform company. The Company offers online payment solution which allows customers to pay and get paid, withdraw funds to their bank accounts and hold balances in their PayPal accounts in various currencies. It payment platform includes PayPal, PayPal Credit, Venmo and Braintree products. PayPal Holdings, Inc. is based in San Jose, California.”

PayPal Holdings, Inc. is a technology platform firm that enables digital and mobile payments on behalf of clients and merchants across the world. The company has a market cap of $49.73 billion. The Firm allows businesses of all sizes to accept payments from merchant Websites, mobile devices and applications, and at offline retail locations through a range of payment solutions. It has a 35.83 P/E ratio. The Company’s combined payment solution capabilities, including its PayPal, PayPal Credit, Braintree, Venmo and Xoom products, comprise its Payments Platform.

PYPL Company Profile

PayPal Holdings, Inc. (PayPal), incorporated on January 30, 2015, is a technology platform firm that enables digital and mobile payments on behalf of clients and merchants across the world. The Firm allows businesses of all sizes to accept payments from merchant Websites, mobile devices and applications, and at offline retail locations through a range of payment solutions. The Company’s combined payment solution capabilities, including its PayPal, PayPal Credit, Braintree, Venmo, and Xoom products, comprise its Payments Platform. It allows its clients to use their account to both purchase and be paid for goods, as well as transfer and withdraw funds. A consumer can typically fund a purchase using a bank account, a PayPal account balance, a PayPal Credit account, a credit or debit card or other stored value products, such as coupons and gift cards. PayPal, Venmo, and Xoom products allow friends and family to transfer funds to each other, including cross border transfers using several of these funding sources. It offers merchants an end-to-end payments solution that provides authorization and settlement capabilities, as well as access to funds. It helps merchants connect with their clients and manage risk. The Payments Platform connects with financial institutions around the world and allows clients to make purchases using a range of payment methods, regardless of where a merchant is located. Consumers using its Payments Platform can engage in cross-border shopping by sending payments in over 200 markets across the world and in over 100 currencies.

More notable recent Paypal Holdings Inc (NASDAQ:PYPL) news were published by: Foxbusiness.com which released: “Better Buy: PayPal Holdings, Inc. vs. Square” on November 13, 2016, also Investorplace.com with their article: “The PayPal Holdings Inc (PYPL) Stock Growth Story Is Just Beginning” published on November 17, 2016, Investorplace.com published: “Paypal Holdings Inc (PYPL) Stock Has All the Right Moves” on November 14, 2016. More interesting news about Paypal Holdings Inc (NASDAQ:PYPL) were released by: Fool.com and their article: “Why PayPal Holdings Inc. Stock Popped Today” published on October 21, 2016 as well as Investorplace.com‘s news article titled: “Investing in PayPal Holdings Inc (PYPL) Stock Is a Smart Payment” with publication date: October 26, 2016.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Tags: , ,

Related posts

Leave a Comment