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Mixed options sentiment in Microsoft with shares up 0.34%

Mixed options sentiment in Microsoft (MSFT), with shares up $1.72, or 0.34%, near $507.06. Options volume relatively light with 88k contracts traded and calls leading puts for a put/call ratio of 0.47, compared to a typical level near 0.61. Implied volatility (IV30) dropped 0.26 near 18.92,and below the 52wk median, suggesting an expected daily move of $6.04. Put-call skew flattened, suggesting a modestly bullish tone.

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