PYPL News & Events

Moderately bullish activity in PayPal (PYPL), with shares up 71c, or 1.62%, near $44.47. Options volume roughly in line with average with 68k contracts traded and calls leading puts for a put/call ratio of 0.59, compared to a typical level near 0.47. Implied volatility (IV30) dropped 1.3 near 31.98,and below the 52wk median, suggesting an expected daily move of $0.90. Put-call skew flattened, suggesting a modestly bullish tone.

Catch up on the top industries and stocks that were impacted, or were predicted to be impacted, by the comments, actions and policies of President Donald Trump with this daily recap compiled by The Fly.PREDICTION MARKETS:In a post on Truth Social, President Trump stated, "It is critically important that the CFTC's exclusive authority over Prediction Markets is maintained, and that they will thrive. Under my leadership, we are setting "rules of the road" that are the Gold Standard for the States. We cannot have SCUM like Chris Christie, Letitia James, Tim Walz, and JB Pritzker setting the rules! Other Countries are after this new form of Financial Market, and we want to remain at the top. Likewise, and even more importantly, where we are currently the Crypto, etc.) Capital of the World, other Countries are trying diligently to replace us in that capacity, but we won't let that happen. It is a major Industry, and we must protect it. Mike Selig, CFTC Chairman, and respected by all, is doing a great job."PARAMOUNT, WARNER DEAL:Paramount'sproposed $110B acquisition of Warner Bros. Discoveryis moving toward likely approval by U.S. antitrust regulators following a recent Justice Department meeting, where the deal's outlook improved after discussions including commitments around theatrical film releases, Semafor's Liz Hoffman and Rohan Goswami. According to the report, the Department of Justice staff attorneys seemed swayed by arguments from top Paramount executives that the deal would not hurt other studios and creative talent.BANKING CHARTERS:Crypto companies and financial tech startups are seeking licenses to enter the traditional banking industry, Stacy Cowley of The New York Times. Dozens of financial firms have applied for banking charters, including PayPal, Affirm, World Liberty Financial, all of Detroit's Big Three automakers, and a wave of other cryptocurrency brokers and merchants. These firms are taking advantage of Trump's admin policies meant to creating more banks.