Moderately bullish activity in PayPal (PYPL), with shares up 28c, or 0.64%, near $44.70. Options volume roughly in line with average with 31k contracts traded and calls leading puts for a put/call ratio of 0.51, compared to a typical level near 0.44. Implied volatility (IV30) is higher by 0.9 points near 32.67,and below the 52wk median, suggesting an expected daily move of $0.92. Put-call skew steepened, indicating increased demand for downside protection.
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- Mixed options sentiment in PayPal with shares up 0.41%