Moderately bullish activity in Verizon with shares up 2.31%

Moderately bullish activity in Verizon (VZ), with shares up $1.09, or 2.31%, near $48.48. Options volume more than double the daily average with 283k contracts traded and calls leading puts for a put/call ratio of 0.73, compared to a typical level near 0.8. Implied volatility (IV30) is higher by 1.2 points near 20.83,and above the 52wk median, suggesting an expected daily move of $0.64. Put-call skew flattened, suggesting a modestly bullish tone.