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Moderately bullish activity in Alphabet with shares up 0.6%

Moderately bullish activity in Alphabet (GOOG), with shares up $1.48, or 0.6%, near $248.66. Options volume relatively light with 86k contracts traded and calls leading puts for a put/call ratio of 0.62, compared to a typical level near 0.69. Implied volatility (IV30) is higher by 3.5 points near 35.7,in the top quartile of the past year, suggesting an expected daily move of $5.59. Put-call skew flattened, suggesting a modestly bullish tone.

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