Mixed options sentiment in Wal-Mart with shares up 0.23%

Mixed options sentiment in Wal-Mart (WMT), with shares up 26c, or 0.23%, near $113.02. Options volume relatively light with 19k contracts traded and calls leading puts for a put/call ratio of 0.51, compared to a typical level near 0.83. Implied volatility (IV30) dropped 0.39 near 19.19,in the lowest 10% of observations over the past year, suggesting an expected daily move of $1.37. Put-call skew steepened, indicating increased demand for downside protection.