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Mixed options sentiment in PayPal with shares down 2.9%

Mixed options sentiment in PayPal (PYPL), with shares down $2.05 near $68.58. Options volume roughly in line with average with 37k contracts traded and calls leading puts for a put/call ratio of 0.38, compared to a typical level near 0.49. Implied volatility (IV30) is higher by 1.0 points near 28.78,in the bottom quartile of the past year, suggesting an expected daily move of $1.24. Put-call skew flattened, suggesting a modestly bullish tone.

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