Mixed options sentiment in Microsoft (MSFT), with shares up $1.26, or 0.24%, near $525.25. Options volume relatively light with 206k contracts traded and calls leading puts for a put/call ratio of 0.47, compared to a typical level near 0.47. Implied volatility (IV30) dropped 0.17 near 28.4,in the top quartile of the past year, suggesting an expected daily move of $9.40. Put-call skew flattened, suggesting a modestly bullish tone.
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