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Moderately bullish activity in Novo Nordisk with shares up 0.2%

Moderately bullish activity in Novo Nordisk (NVO), with shares up 8c, or 0.2%, near $36.74. Options volume relatively light with 38k contracts traded and calls leading puts for a put/call ratio of 0.66, compared to a typical level near 0.72. Implied volatility (IV30) is higher by 3.2 points near 50.99,in the top quartile of the past year, suggesting an expected daily move of $1.18. Put-call skew flattened, suggesting a modestly bullish tone.

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