Moderately bullish activity in Novo Nordisk (NVO), with shares up 2c, or 0.06%, near $40.55. Options volume relatively light with 49k contracts traded and calls leading puts for a put/call ratio of 0.65, compared to a typical level near 0.77. Implied volatility (IV30) is higher by 1.4 points near 48.24,and above the 52wk median, suggesting an expected daily move of $1.23. Put-call skew flattened, suggesting a modestly bullish tone.Looking ahead: Novo Nordisk (NVO) will report earnings after the close on None.Option markets are pricing in a 50% probability of a move greater than 0.0% or $0.00.
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