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Moderately bullish activity in Alphabet with shares up 1.33%

Moderately bullish activity in Alphabet (GOOG), with shares up $2.74, or 1.33%, near $209.46. Options volume roughly in line with average with 222k contracts traded and calls leading puts for a put/call ratio of 0.46, compared to a typical level near 0.49. Implied volatility (IV30) is higher by 1.4 points near 30.71,and above the 52wk median, suggesting an expected daily move of $4.05. Put-call skew steepened, indicating increased demand for downside protection.

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