Bullish flow in Micron with shares up 6.23%

Bullish flow in Micron (MU), with shares up $9.97, or 6.23%, near $169.97. Options volume more than double the daily average with 342k contracts traded and calls leading puts for a put/call ratio of 0.78, compared to a typical level near 0.64. Implied volatility (IV30) is higher by 2.1 points near 61.43,in the top quartile of the past year, suggesting an expected daily move of $6.58. 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 9.84% or $16.73.