Mixed options sentiment in Wal-Mart with shares down 0.64%

Mixed options sentiment in Wal-Mart (WMT), with shares down 84c near $129.96. Options volume relatively light with 68k contracts traded and calls leading puts for a put/call ratio of 0.8, compared to a typical level near 0.7. Implied volatility (IV30) dropped 0.71 near 31.17,in the top quartile of the past year, suggesting an expected daily move of $2.55. Put-call skew steepened, indicating increased demand for downside protection.Looking ahead: Wal-Mart (WMT) will report earnings after the close on None.Option markets are pricing in a 50% probability of a move greater than 0.0% or $0.00.