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Mixed options sentiment in PayPal with shares up 1.36%

Mixed options sentiment in PayPal (PYPL), with shares up 99c, or 1.36%, near $73.96. Options volume roughly in line with average with 54k contracts traded and calls leading puts for a put/call ratio of 0.24, compared to a typical level near 0.51. Implied volatility (IV30) dropped 0.61 near 42.88,and above the 52wk median, suggesting an expected daily move of $2.00. Put-call skew flattened, suggesting a modestly bullish tone, following an upgrade to Neutral at Seaport Research.Looking ahead: PayPal (PYPL) will report earnings before the open on 2025-07-29.Option markets are pricing in a 50% probability of a move greater than 8.04% or $5.95.

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