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Barchart
Barchart
Will Ashworth

PayPal’s Unusual Options Activity Sending Mixed Signals

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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