Mixed options sentiment in Microsoft with shares down 1.89%

Mixed options sentiment in Microsoft (MSFT), with shares down $7.58 near $394.08. Options volume relatively light with 414k contracts traded and calls leading puts for a put/call ratio of 0.48, compared to a typical level near 0.65. Implied volatility (IV30) is higher by 0.9 points near 28.2,and above the 52wk median, suggesting an expected daily move of $7.00. Put-call skew flattened, suggesting a modestly bullish tone.