Mixed options sentiment in MicroStrategy with shares up 0.29%

Mixed options sentiment in MicroStrategy (MSTR), with shares up 54c, or 0.29%, near $162.30. Options volume roughly in line with average with 148k contracts traded and calls leading puts for a put/call ratio of 0.59, compared to a typical level near 0.88. Implied volatility (IV30) dropped 1.04 near 66.56,and below the 52wk median, suggesting an expected daily move of $6.80. Put-call skew steepened, indicating increased demand for downside protection.