Bullish option flow detected in PayPal with 33,272 calls trading, 1.8x expected, and implied vol increasing almost 2 points to 47.41%. 12/9 weekly 74 calls and Apr-23 120 calls are the most active options, with total volume in those strikes near 12,800 contracts. The Put/Call Ratio is 0.33. Earnings are expected on January 31st.
Published first on TheFly
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