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PayPal call volume above normal and directionally bullish
The Fly

PayPal call volume above normal and directionally bullish

Bullish option flow detected in PayPal with 22,420 calls trading, 1.1x expected, and implied vol increasing almost 2 points to 32.06%. Sep-24 75 calls and Sep-24 73 calls are the most active options, with total volume in those strikes near 6,000 contracts. The Put/Call Ratio is 0.23. Earnings are expected on October 31st.

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