Bullish flow in Micron (MU), with shares up $6.00, or 3.99%, near $156.57. Options volume more than double the daily average with 294k contracts traded and calls leading puts for a put/call ratio of 0.78, compared to a typical level near 0.62. Implied volatility (IV30) is higher by 1.9 points near 62.75,in the top quartile of the past year, suggesting an expected daily move of $6.19. Put-call skew flattened, suggesting a modestly bullish tone.Looking ahead: Micron (MU) will report earnings after the close on 2025-09-23.Option markets are pricing in a 50% probability of a move greater than 9.94% or $15.57.
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