Mixed options sentiment in Cisco with shares down 0.9%

Mixed options sentiment in Cisco (CSCO), with shares down 62c near $68.64. Options volume relatively light with 12k contracts traded and calls leading puts for a put/call ratio of 0.72, compared to a typical level near 0.45. Implied volatility (IV30) is higher by 0.8 points near 18.8,and below the 52wk median, suggesting an expected daily move of $0.81. Put-call skew flattened, suggesting a modestly bullish tone.