Moderately bullish activity in Amazon (AMZN), with shares up 62c, or 0.28%, near $220.01. Options volume roughly in line with average with 91k contracts traded and calls leading puts for a put/call ratio of 0.23, compared to a typical level near 0.49. Implied volatility (IV30) is higher by 1.3 points near 34.66,and above the 52wk median, suggesting an expected daily move of $4.80. Put-call skew flattened, suggesting a modestly bullish tone, following an upgrade to Outperform at BNP Paribas Exane.
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