Mixed options sentiment in Microsoft with shares down 0.55%

Mixed options sentiment in Microsoft (MSFT), with shares down $2.63 near $477.61. Options volume running well above average with 314k contracts traded and calls leading puts for a put/call ratio of 0.82, compared to a typical level near 0.7. Implied volatility (IV30) is higher by 0.6 points near 17.89,in the lowest 10% of observations over the past year, suggesting an expected daily move of $5.38. Put-call skew flattened, suggesting a modestly bullish tone.