Mixed options sentiment in Alphabet (GOOG), with shares up $2.43, or 0.81%, near $301.22. Options volume roughly in line with average with 76k contracts traded and calls leading puts for a put/call ratio of 0.39, compared to a typical level near 0.74. Implied volatility (IV30) dropped 1.94 near 29.2,in the bottom quartile of the past year, suggesting an expected daily move of $5.54. Put-call skew flattened, suggesting a modestly bullish tone.
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- Option traders moderately bearish in Alphabet with shares down 0.17%