**Good Morning, Donald Pump here,**
Once again, I hope you are all enjoying the crispy tendies of my previous 4 posts... BITF, PSKY, SKYT, CRSP... Behold, hot off the presses this morning is an update from PayPal. Yes, that PayPal, the one you stopped using in 2013.
**Spicy options flow hitting the tape.**
* For starters, the call option flow has been truly absurd. Tens of millions of dollars in very near-dated calls, many of them max strike. Many more in the form of way OTM LEAPs. Something’s brewing. This could come soon, or near earnings on 10/28.
https://preview.redd.it/0wg0b7h683uf1.png?width=641&format=png&auto=webp&s=437d2db59b2496af2eb00dfb53e81febf2594df0
**PayPay updated privacy statement**
* Well this morning, I got an email from PayPal about updates to their privacy statement. You probably got it too. And yes, I actually read it. Lo and behold they have a new section about how your data will be used for Agentic AI. ChatGPT told me this is the first time they have called it out so plainly in a privacy statement. The fintwit chatter has been speculating about an integration deal with a major LLM. Maybe agentic Venmo or PayPal checkout experience. They may be right.
https://preview.redd.it/oydav4rjf3uf1.png?width=762&format=png&auto=webp&s=b396a3ff97e8f4a809f8753a80fbc69a2c664286
**TLDR:** PayPay go Burrrrrrr?
**Disclosure:** I am an autist with a bloomberg terminal, DYOR NFA
**Position:** 10/24 & 11/7 80s
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