Moderately bullish activity in Oracle with shares up 1.42%

Moderately bullish activity in Oracle (ORCL), with shares up $2.23, or 1.42%, near $158.40. Options volume relatively light with 86k contracts traded and calls leading puts for a put/call ratio of 0.47, compared to a typical level near 1.05. Implied volatility (IV30) is higher by 0.0 points near 72.65, in the highest 10% of observations over the past year, suggesting an expected daily move of $7.25. Put-call skew flattened, suggesting a modestly bullish tone.Looking ahead: Oracle (ORCL) 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.