Mixed options sentiment in Cisco with shares down 0.51%

Mixed options sentiment in Cisco (CSCO), with shares down 42c near $81.93. Options volume relatively light with 15k contracts traded and calls leading puts for a put/call ratio of 0.41, compared to a typical level near 0.8. Implied volatility (IV30) is higher by 1.1 points near 33.65, in the highest 10% of observations over the past year, suggesting an expected daily move of $1.74. Put-call skew flattened, suggesting a modestly bullish tone.