Bullish option flow detected in PayPal with 30,963 calls trading, 1.1x expected, and implied vol increasing over 3 points to 42.25%. Mar-23 70 puts and 2/24 weekly 75 calls are the most active options, with total volume in those strikes near 6,800 contracts. The Put/Call Ratio is 0.65. Earnings are expected on April 26th.
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Published first on TheFly
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