Mixed options sentiment in Micron with shares down 2.72%

Mixed options sentiment in Micron (MU), with shares down $11.00 near $393.35. Options volume roughly in line with average with 302k contracts traded and calls leading puts for a put/call ratio of 0.74, compared to a typical level near 0.77. Implied volatility (IV30) dropped 0.5 near 62.37,and above the 52wk median, suggesting an expected daily move of $15.45. Put-call skew steepened, indicating increased demand for downside protection, following a downgrade to Hold at Summit Insights.