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Will Ashworth

REVEALED: Paypal s unusual options activity sending mixed signals | Vintage Vibes

PayPal Dan Schulman PYPL

PayPal (PYPL) reported Q2 2023 results on Wednesday after the markets closed. While its earnings beat analyst estimates, investors worried about falling margins. As a result, its shares are off by more than 11% in Thursday’s trading. 

The payment solutions company’s volume halfway through the day is double its 30-day average of 14.5 million shares. Its options volume is 383,692, also more than double its 30-day average. 

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