Bullish option flow detected in PayPal with 21,821 calls trading, 1.4x expected, and implied vol increasing almost 2 points to 27.82%. 5/31 weekly 63 calls and 5/31 weekly 64 calls are the most active options, with total volume in those strikes near 5,500 contracts. The Put/Call Ratio is 0.09. Earnings are expected on July 31st.
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