Mixed options sentiment in Verizon with shares up 0.73%

Mixed options sentiment in Verizon (VZ), with shares up 30c, or 0.73%, near $40.88. Options volume relatively light with 37k contracts traded and calls leading puts for a put/call ratio of 0.29, compared to a typical level near 0.47. Implied volatility (IV30) dropped 3.46 near 14.65,in the lowest 10% of observations over the past year, suggesting an expected daily move of $0.38. Put-call skew steepened, indicating increased demand for downside protection.