Mixed options sentiment in Microsoft with shares down 1.57%

Mixed options sentiment in Microsoft (MSFT), with shares down $6.33 near $395.54. Options volume roughly in line with average with 433k contracts traded and calls leading puts for a put/call ratio of 0.4, compared to a typical level near 0.88. Implied volatility (IV30) is higher by 0.1 points near 28.5,in the top quartile of the past year, suggesting an expected daily move of $7.10. Put-call skew flattened, suggesting a modestly bullish tone.