Mixed options sentiment in Microsoft with shares up 1.18%

Mixed options sentiment in Microsoft (MSFT), with shares up $4.79, or 1.18%, near $408.71. Options volume roughly in line with average with 447k contracts traded and calls leading puts for a put/call ratio of 0.45, compared to a typical level near 0.7. Implied volatility (IV30) dropped 1.03 near 28.83,in the top quartile of the past year, suggesting an expected daily move of $7.42. Put-call skew flattened, suggesting a modestly bullish tone.