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Mixed options sentiment in PayPal with shares up 0.68%

Mixed options sentiment in PayPal (PYPL), with shares up 52c, or 0.68%, near $76.83. Options volume roughly in line with average with 34k contracts traded and calls leading puts for a put/call ratio of 0.25, compared to a typical level near 0.56. Implied volatility (IV30) dropped 1.08 near 41.84,and above the 52wk median, suggesting an expected daily move of $2.02. Put-call skew flattened, suggesting a modestly bullish tone.

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