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Mixed options sentiment in PayPal (PYPL), with shares up $2.02 (+2.88%) near $72.28.

Options volume is relatively light, with 69k contracts traded and calls leading puts for a put/call ratio of 0.46, compared to a typical level near 0.52. Implied volatility (IV30) dropped 1.65 to 28.12,in the bottom quartile, suggesting an expected daily move of $1.28. Put-call skew flattened, suggesting a modestly bullish tone.

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