Mixed options sentiment in Cisco with shares up 3.17%

Mixed options sentiment in Cisco (CSCO), with shares up $2.42, or 3.17%, near $78.62. Options volume roughly in line with average with 51k contracts traded and calls leading puts for a put/call ratio of 0.86, compared to a typical level near 0.68. Implied volatility (IV30) dropped 1.31 near 27.53,and above the 52wk median, suggesting an expected daily move of $1.36. Put-call skew flattened, suggesting a modestly bullish tone.