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Moderately bullish activity in Alphabet Class A with shares up 1.71%

Moderately bullish activity in Alphabet Class A (GOOGL), with shares up $5.67, or 1.71%, near $337.54. Options volume running well above average with 487k contracts traded and calls leading puts for a put/call ratio of 0.53, compared to a typical level near 0.55. Implied volatility (IV30) is higher by 0.9 points near 38.3,in the top quartile of the past year, suggesting an expected daily move of $8.14. Put-call skew flattened, suggesting a modestly bullish tone.

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