Moderately bullish activity in Microsoft (MSFT), with shares up $2.58, or 0.51%, near $504.62. Options volume relatively light with 143k contracts traded and calls leading puts for a put/call ratio of 0.45, compared to a typical level near 0.65. Implied volatility (IV30) is higher by 0.0 points near 18.69,in the bottom quartile of the past year, suggesting an expected daily move of $5.94. Put-call skew flattened, suggesting a modestly bullish tone.
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