Moderately bullish activity in Alphabet (GOOG), with shares up 67c, or 0.27%, near $247.12. Options volume relatively light with 61k contracts traded and calls leading puts for a put/call ratio of 0.28, compared to a typical level near 0.72. Implied volatility (IV30) is higher by 1.6 points near 40.22, in the highest 10% of observations over the past year, suggesting an expected daily move of $6.26. Put-call skew flattened, suggesting a modestly bullish tone.
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