Moderately bullish activity in Oracle (ORCL), with shares up $5.04, or 1.7%, near $301.65. Options volume running well above average with 300k contracts traded and calls leading puts for a put/call ratio of 0.39, compared to a typical level near 0.71. Implied volatility (IV30) dropped 0.64 near 50.99,in the top quartile of the past year, suggesting an expected daily move of $9.69. Put-call skew flattened, suggesting a modestly bullish tone.
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