Moderately bullish activity in Novo Nordisk (NVO), with shares up $1.83, or 3.85%, near $49.48. Options volume relatively light with 73k contracts traded and calls leading puts for a put/call ratio of 0.56, compared to a typical level near 0.68. Implied volatility (IV30) dropped 0.23 near 46.48,and above the 52wk median, suggesting an expected daily move of $1.45. Put-call skew flattened, suggesting a modestly bullish tone.
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