Mixed options sentiment in Cisco (CSCO), with shares down 38c near $77.88. Options volume relatively light with 17k contracts traded and calls leading puts for a put/call ratio of 0.75, compared to a typical level near 0.61. Implied volatility (IV30) dropped 0.52 near 19.99,and below the 52wk median, suggesting an expected daily move of $0.98. Put-call skew flattened, suggesting a modestly bullish tone.
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