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Moderately bullish activity in Meta Platforms Inc with shares up 0.91%

Moderately bullish activity in Meta Platforms Inc (META), with shares up $5.25, or 0.91%, near $579.71. Options volume relatively light with 257k contracts traded and calls leading puts for a put/call ratio of 0.79, compared to a typical level near 0.81. Implied volatility (IV30) is higher by 0.1 points near 44.15,in the top quartile of the past year, suggesting an expected daily move of $16.12. Put-call skew flattened, suggesting a modestly bullish tone, following a downgrade to Hold at Erste Group.

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