Moderately bullish activity in Wal-Mart (WMT), with shares up 10c (+0.11%) near $96.03.Options volume relatively light with 34k contracts traded and calls leading puts for a put/call ratio of 0.91, compared to a typical level near 0.99. Implied volatility (IV30) is higher by 0.1 points near 22.87,and above the 52wk median, suggesting an expected daily move of $1.38. Put-call skew steepened, indicating increased demand for downside protection.
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