Moderately bullish activity in ServiceNow with shares up 0.68%

Moderately bullish activity in ServiceNow (NOW), with shares up 70c, or 0.68%, near $103.76. Options volume relatively light with 25k contracts traded and calls leading puts for a put/call ratio of 0.39, compared to a typical level near 0.92. Implied volatility (IV30) is higher by 0.8 points near 58.32, in the highest 10% of observations over the past year, suggesting an expected daily move of $3.81. Put-call skew flattened, suggesting a modestly bullish tone.