Moderately bullish activity in Meta Platforms (Facebook) with shares up 2.43%

Moderately bullish activity in Meta Platforms (Facebook) (META), with shares up $17.23, or 2.43%, near $725.90. Options volume running well above average with 439k contracts traded and calls leading puts for a put/call ratio of 0.31, compared to a typical level near 0.49. Implied volatility (IV30) is higher by 1.4 points near 29.64,and below the 52wk median, suggesting an expected daily move of $13.55. Put-call skew flattened, suggesting a modestly bullish tone.