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PayPal call volume above normal and directionally bullish

Bullish option flow detected in PayPal (PYPL) with 31,057 calls trading, 2x expected, and implied vol increasing over 7 points to 41.14%. Jan-26 80 calls and 10/31 weekly 75 calls are the most active options, with total volume in those strikes near 6,800 contracts. The Put/Call Ratio is 0.12. Earnings are expected on October 28th.

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