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Mixed options sentiment in Verizon with shares up 0.58%

Mixed options sentiment in Verizon (VZ), with shares up 24c, or 0.58%, near $42.34. Options volume relatively light with 8125 contracts traded and calls leading puts for a put/call ratio of 0.29, compared to a typical level near 0.53. Implied volatility (IV30) dropped 0.64 near 21.51,and above the 52wk median, suggesting an expected daily move of $0.57. Put-call skew steepened, indicating increased demand for downside protection.

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