Mixed options sentiment in Microsoft with shares down 1.36%

Mixed options sentiment in Microsoft (MSFT), with shares down $6.58 near $476.89. Options volume roughly in line with average with 241k contracts traded and calls leading puts for a put/call ratio of 0.76, compared to a typical level near 0.72. Implied volatility (IV30) is higher by 0.2 points near 29.03,in the top quartile of the past year, suggesting an expected daily move of $8.72. Put-call skew flattened, suggesting a modestly bullish tone.Looking ahead: Microsoft (MSFT) will report earnings after the close on None.Option markets are pricing in a 50% probability of a move greater than 0.0% or $0.00.