Bullish flow in PayPal (PYPL), with shares up 70c, or 1.04%, near $68.39. Options volume roughly in line with average with 32k contracts traded and calls leading puts for a put/call ratio of 0.22, compared to a typical level near 0.43. Implied volatility (IV30) is higher by 0.5 points near 31.02,and below the 52wk median, suggesting an expected daily move of $1.34. Put-call skew flattened, suggesting a modestly bullish tone.
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