Mixed options sentiment in Micron (MU), with shares down $2.25 near $454.98. Options volume roughly in line with average with 727k contracts traded and calls leading puts for a put/call ratio of 0.64, compared to a typical level near 0.7. Implied volatility (IV30) dropped 2.1 near 69.99,in the top quartile of the past year, suggesting an expected daily move of $20.06. Put-call skew flattened, suggesting a modestly bullish tone.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on MU:
- White House to Press Anthropic on Mythos AI Model as EU Talks Escalate
- Tiger Global-backed Upscale AI Targets $200M in Fresh Funding at a $2B Valuation
- Micron (MU) Is Riding the AI Boom, but the Stock Still Trades at a Discount
- OpenAI Debuts GPT-Rosalind, Its First AI Model Built Exclusively for Scientists
- SpaceX Kicks Off Version 3 Starship in Major Pre-Launch Test
