Mixed options sentiment in Baidu with shares down 0.97%

Mixed options sentiment in Baidu (BIDU), with shares down $1.05 near $107.42. Options volume relatively light with 37k contracts traded and calls leading puts for a put/call ratio of 0.39, compared to a typical level near 0.42. Implied volatility (IV30) dropped 0.4 near 39.41,and below the 52wk median, suggesting an expected daily move of $2.67. Put-call skew flattened, suggesting a modestly bullish tone.