Mixed options sentiment in Cisco with shares up 0.87%

Mixed options sentiment in Cisco (CSCO), with shares up 58c, or 0.87%, near $67.47. Options volume relatively light with 17k contracts traded and calls leading puts for a put/call ratio of 0.43, compared to a typical level near 0.56. Implied volatility (IV30) dropped 0.05 near 19.14,and below the 52wk median, suggesting an expected daily move of $0.81. Put-call skew flattened, suggesting a modestly bullish tone.