Mixed options sentiment in PayPal (PYPL), with shares up $2.31, or 3.43%, near $69.86. Options volume roughly in line with average with 99k contracts traded and calls leading puts for a put/call ratio of 0.47, compared to a typical level near 0.47. Implied volatility (IV30) dropped 1.58 near 28.47,in the bottom quartile of the past year, suggesting an expected daily move of $1.25. 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:
- Crypto Currents: Investors exercise caution ahead of Powell speech
- Mixed options sentiment in PayPal with shareslittle changed
- Lyft (LYFT) Stock Jumps 10% as Co-Founders Resign from Board
- Fintech, crypto executives urge Trump to block data access fees, Bloomberg says
- Saudi Arabia’s Sovereign Wealth Fund Pulls Back from SHOP, BABA, META Stocks in Q2