Mixed options sentiment in PayPal (PYPL), with shares down 6c near $67.86. Options volume relatively light with 123k contracts traded and calls leading puts for a put/call ratio of 0.44, compared to a typical level near 0.34. Implied volatility (IV30) dropped 1.04 near 37.29,and above the 52wk median, suggesting an expected daily move of $1.59. Put-call skew steepened, indicating increased demand for downside protection.
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