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Moderately bullish activity in Wal-Mart with shares up 0.98%

Moderately bullish activity in Wal-Mart (WMT), with shares up 96c, or 0.98%, near $99.33. Options volume roughly in line with average with 67k contracts traded and calls leading puts for a put/call ratio of 0.81, compared to a typical level near 0.63. Implied volatility (IV30) is higher by 1.2 points near 21.32,and below the 52wk median, suggesting an expected daily move of $1.33. Put-call skew flattened, suggesting a modestly bullish tone.

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