Bullish flow in Micron with shares up 2.25%

Bullish flow in Micron (MU), with shares up $5.42, or 2.25%, near $246.53. Options volume roughly in line with average with 38k contracts traded and calls leading puts for a put/call ratio of 0.74, compared to a typical level near 0.78. Implied volatility (IV30) is higher by 0.9 points near 65.79, in the highest 10% of observations over the past year, suggesting an expected daily move of $10.22. Put-call skew flattened, suggesting a modestly bullish tone.