Moderately bullish activity in Amazon (AMZN), with shares up $3.31, or 1.23%, near $271.56. Options volume running well above average with 1.15m contracts traded and calls leading puts for a put/call ratio of 0.3, compared to a typical level near 0.53. Implied volatility (IV30) is higher by 2.2 points near 29.69,and below the 52wk median, suggesting an expected daily move of $5.08. Put-call skew flattened, suggesting a modestly bullish tone, following an upgrade to Buy at Fubon.
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