Mixed options sentiment in Apple with shares up 0.66%

Mixed options sentiment in Apple (AAPL), with shares up $1.78, or 0.66%, near $271.48. Options volume running well above average with 989k contracts traded and calls leading puts for a put/call ratio of 0.54, compared to a typical level near 0.46. Implied volatility (IV30) dropped 0.56 near 26.23,and below the 52wk median, suggesting an expected daily move of $4.49. Put-call skew flattened, suggesting a modestly bullish tone.The company will report earnings after the close today. Option markets are pricing in a 50% probability of a move greater than 3.8% or $10.31.