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Mixed options sentiment in Microsoft (MSFT), with shares down $-2.21 (-0.49%) near $447.05.

Options volume is running well above average, with 141k contracts traded and calls leading puts for a put/call ratio of 0.43, compared to a typical level near 0.65. Implied volatility (IV30) dropped 0.09 to 18.72,in the bottom quartile, suggesting an expected daily move of $5.27. Put-call skew flattened, suggesting a modestly bullish tone.

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