Moderately bullish activity in Alphabet Class A (GOOGL), with shares down $3.55 near $241.07. Options volume running well above average with 397k contracts traded and calls leading puts for a put/call ratio of 0.28, compared to a typical level near 0.64. Implied volatility (IV30) is higher by 1.4 points near 40.53, in the highest 10% of observations over the past year, suggesting an expected daily move of $6.15. Put-call skew flattened, suggesting a modestly bullish tone.Looking ahead: Alphabet Class A (GOOGL) will report earnings after the close on None.Option markets are pricing in a 50% probability of a move greater than 0.0% or $0.00.
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