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Moderately bullish activity in Amazon with shares up 0.39%

Moderately bullish activity in Amazon (AMZN), with shares up 91c, or 0.39%, near $234.13. Options volume relatively light with 529k contracts traded and calls leading puts for a put/call ratio of 0.32, compared to a typical level near 0.54. Implied volatility (IV30) is higher by 1.4 points near 29.64,and below the 52wk median, suggesting an expected daily move of $4.37. Put-call skew flattened, suggesting a modestly bullish tone.

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