Mixed options sentiment in Wal-Mart with shares down 0.78%

Mixed options sentiment in Wal-Mart (WMT), with shares down 80c near $101.47. Options volume relatively light with 90k contracts traded and calls leading puts for a put/call ratio of 0.48, compared to a typical level near 0.46. Implied volatility (IV30) dropped 1.17 near 29.55,in the top quartile of the past year, suggesting an expected daily move of $1.89. Put-call skew flattened, suggesting a modestly bullish tone.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.