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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 61,675 calls trading, 1.8x expected, and implied vol increasing over 1 point to 34.49%. Mar-24 62.5 calls and Apr-24 60 calls are the most active options, with total volume in those strikes near 15,200 contracts. The Put/Call Ratio is 0.28. Earnings are expected on May 8th.

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