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Mixed options sentiment in Wal-Mart with shares up 1.52%

Mixed options sentiment in Wal-Mart (WMT), with shares up $1.94, or 1.52%, near $129.20. Options volume running well above average with 139k contracts traded and calls leading puts for a put/call ratio of 0.71, compared to a typical level near 1.0. Implied volatility (IV30) dropped 0.49 near 24.62,and below the 52wk median, suggesting an expected daily move of $2.00. Put-call skew steepened, indicating increased demand for downside protection, following an upgrade to Buy at Erste Group.

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