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PayPal call volume above normal and directionally bullish

Bullish option flow detected in PayPal with 42,401 calls trading, 1.2x expected, and implied vol increasing over 1 point to 28.69%. Sep-24 65 puts and 8/23 weekly 73 calls are the most active options, with total volume in those strikes near 12,000 contracts. The Put/Call Ratio is 0.60. Earnings are expected on October 31st.

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