Mixed options sentiment in Microsoft with shareslittle changed

Mixed options sentiment in Microsoft (MSFT), with shares down 18c near $424.44. Options volume roughly in line with average with 485k contracts traded and calls leading puts for a put/call ratio of 0.5, compared to a typical level near 0.6. Implied volatility (IV30) is higher by 0.6 points near 38.87, in the highest 10% of observations over the past year, suggesting an expected daily move of $10.39. Put-call skew flattened, suggesting a modestly bullish tone.Looking ahead: Microsoft (MSFT) will report earnings after the close on 2026-04-29.Option markets are pricing in a 50% probability of a move greater than 10.23% or $43.41.