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Mixed options sentiment in MicroStrategy with shares up 1.9%

Mixed options sentiment in MicroStrategy (MSTR), with shares up $7.15, or 1.9%, near $384.17. Options volume relatively light with 265k contracts traded and calls leading puts for a put/call ratio of 0.51, compared to a typical level near 0.62. Implied volatility (IV30) dropped 0.27 near 45.16,in the lowest 10% of observations over the past year, suggesting an expected daily move of $10.93. Put-call skew flattened, suggesting a modestly bullish tone.

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