Mixed options sentiment in MicroStrategy with shares down 0.5%

Mixed options sentiment in MicroStrategy (MSTR), with shares down $1.95 near $390.18. Options volume relatively light with 178k contracts traded and calls leading puts for a put/call ratio of 0.45, compared to a typical level near 0.61. Implied volatility (IV30) dropped 2.32 near 51.42,in the lowest 10% of observations over the past year, suggesting an expected daily move of $12.64. Put-call skew flattened, suggesting a modestly bullish tone.