Get all your news in one place.
100's of premium titles.
One app.
Start reading
Barchart
Barchart
Mark R. Hake, CFA

PayPal Stock Remains an Analyst Favorite - Shorting OTM Puts is a Popular High Yield Play

PayPal Inc (PYPL) stock remains an analyst favorite, even though PYPL has faltered recently. Nevertheless, out-of-the-money (OTM) put option premiums are high, providing a good yield play for short-sellers.

PYPL is at $70.08 in midday trading on Friday, March 21, just above its recent trough price of $66.91 on March 13. I discussed the stock's appeal based on its free cash flow (FCF) in a Feb. 7 Barchart article ("Is PayPal a Bargain Here? Its Huge Free Cash Flow Could Push PYPL Stock Higher").

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.