Payments Leader Near Breakout to Fresh Highs After Put Sales
PayPal (PYPL) shares are nearing a break to new highs after closing Friday above the monthly value area near 82 and now looks ready to run as MACD is crossing bullish and first targets above are likely to see 85.50 and 88 as fib extension levels. PYPL held its 55-day MA perfectly after its earnings pullback but was aggressively bought up quickly including bull flows large opening put sellers of 2400 April $82.50 puts sold at $7.10 as well as the Man $80 short puts and Jan 2026 $80 short puts all opening in the past week showing confidence at these prices.