Moderately bullish activity in Salesforce with shares up 3.05%

Moderately bullish activity in Salesforce (CRM), with shares up $5.53, or 3.05%, near $186.72. Options volume relatively light with 53k contracts traded and calls leading puts for a put/call ratio of 0.62, compared to a typical level near 0.73. Implied volatility (IV30) is higher by 0.7 points near 54.35, in the highest 10% of observations over the past year, suggesting an expected daily move of $6.39. Put-call skew flattened, suggesting a modestly bullish tone.Looking ahead: Salesforce (CRM) 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.