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Mixed options sentiment in Alphabet Class A with shares up 1.3%

Mixed options sentiment in Alphabet Class A (GOOGL), with shares up $2.51, or 1.3%, near $195.09. Options volume roughly in line with average with 320k contracts traded and calls leading puts for a put/call ratio of 0.27, compared to a typical level near 0.4. Implied volatility (IV30) dropped 0.08 near 27.44,and below the 52wk median, suggesting an expected daily move of $3.37. Put-call skew flattened, suggesting a modestly bullish tone.

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