Moderately bullish activity in Alphabet with shares up 0.92%

Moderately bullish activity in Alphabet (GOOG), with shares up $2.62, or 0.92%, near $288.22. Options volume roughly in line with average with 231k contracts traded and calls leading puts for a put/call ratio of 0.47, compared to a typical level near 0.49. Implied volatility (IV30) is higher by 1.5 points near 35.81,in the top quartile of the past year, suggesting an expected daily move of $6.50. Put-call skew steepened, indicating increased demand for downside protection.