Bearish options flow identified in Micron (MU), with shares down $1.57 near $93.26.Options volume roughly in line with average with 131k contracts traded and puts leading calls for a put/call ratio of 1.02, compared to a typical level near 0.72. Implied volatility (IV30) is higher by 3.0 points near 53.32,and above the 52wk median, suggesting an expected daily move of $3.13. Put-call skew steepened, indicating increased demand for downside protection.
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