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Mixed options sentiment in Alphabet Class A with shares down 0.5%

Mixed options sentiment in Alphabet Class A (GOOGL), with shares down $1.93 near $385.73. Options volume roughly in line with average with 306k contracts traded and calls leading puts for a put/call ratio of 0.47, compared to a typical level near 0.46. Implied volatility (IV30) dropped 0.98 near 28.78,in the bottom quartile of the past year, suggesting an expected daily move of $6.99. Put-call skew flattened, suggesting a modestly bullish tone.

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