Moderately bullish activity in Oracle (ORCL), with shares up $6.17, or 2.68%, near $236.15. Options volume running well above average with 160k contracts traded and calls leading puts for a put/call ratio of 0.3, compared to a typical level near 0.55. Implied volatility (IV30) is higher by 2.2 points near 34.97,and above the 52wk median, suggesting an expected daily move of $5.20. Put-call skew flattened, suggesting a modestly bullish tone, following an upgrade to Buy at Stifel.
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