Mixed options sentiment in PayPal with shares down 1.9%

Mixed options sentiment in PayPal (PYPL), with shares down 88c near $45.10. Options volume running well above average with 95k contracts traded and calls leading puts for a put/call ratio of 0.41, compared to a typical level near 0.6. Implied volatility (IV30) is higher by 0.5 points near 50.51, in the highest 10% of observations over the past year, suggesting an expected daily move of $1.44. Put-call skew flattened, suggesting a modestly bullish tone.