Moderately bullish activity in Verizon with shares up 0.14%

Moderately bullish activity in Verizon (VZ), with shares up 6c, or 0.14%, near $40.76. Options volume relatively light with 39k contracts traded and calls leading puts for a put/call ratio of 0.41, compared to a typical level near 0.42. Implied volatility (IV30) is higher by 1.7 points near 20.89,and above the 52wk median, suggesting an expected daily move of $0.54. Put-call skew flattened, suggesting a modestly bullish tone.