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.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on PYPL:
- Palantir’s Peter Thiel Joins Tech Titans in Backing New U.S. Digital Bank Erebor
- Moderately bullish activity in PayPal with shares up 1.42%
- PayPal Holdings: Bold Moves in Fintech Expansion
- Morning News Wrap-Up: Thursday’s Biggest Stock Market Stories!
- “A Great Day for Student Athletes”: PayPal Stock (NASDAQ:PYPL) Slips With New Student Athlete Connection