Mixed options sentiment in PayPal (PYPL), with shares up 68c, or 1.65%, near $41.83. Options volume roughly in line with average with 85k contracts traded and calls leading puts for a put/call ratio of 0.3, compared to a typical level near 0.59. Implied volatility (IV30) dropped 0.92 near 37.18,and above the 52wk median, suggesting an expected daily move of $0.98. Put-call skew flattened, suggesting a modestly bullish tone, following a downgrade to Hold at HSBC.
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