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Moderately bullish activity in AT&T with shares up 0.51%

Moderately bullish activity in AT&T (T), with shares up 12c, or 0.51%, near $24.86. Options volume relatively light with 7831 contracts traded and calls leading puts for a put/call ratio of 0.17, compared to a typical level near 0.45. Implied volatility (IV30) is higher by 1.1 points near 24.04,and above the 52wk median, suggesting an expected daily move of $0.38. Put-call skew flattened, suggesting a modestly bullish tone.

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