Mixed options sentiment in Wal-Mart with shares up 1.75%

Mixed options sentiment in Wal-Mart (WMT), with shares up $1.74, or 1.75%, near $101.08. Options volume running well above average with 30k contracts traded and calls leading puts for a put/call ratio of 0.37, compared to a typical level near 0.6. Implied volatility (IV30) dropped 0.26 near 26.29,and above the 52wk median, suggesting an expected daily move of $1.67. Put-call skew flattened, suggesting a modestly bullish tone, following an upgrade to Buy at Erste Group.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.