Mixed options sentiment in Micron with shares down 1.63%

Mixed options sentiment in Micron (MU), with shares down $10.43 near $629.77. Options volume running well above average with 270k contracts traded and calls leading puts for a put/call ratio of 0.64, compared to a typical level near 0.65. Implied volatility (IV30) dropped 0.38 near 80.57, in the highest 10% of observations over the past year, suggesting an expected daily move of $31.96. Put-call skew steepened, indicating increased demand for downside protection.