Mixed options sentiment in Micron with shares down 5.89%

Mixed options sentiment in Micron (MU), with shares down $25.25 near $403.75. Options volume roughly in line with average with 152k contracts traded and calls leading puts for a put/call ratio of 0.45, compared to a typical level near 0.75. Implied volatility (IV30) is higher by 0.2 points near 80.14, in the highest 10% of observations over the past year, suggesting an expected daily move of $20.38. Put-call skew flattened, suggesting a modestly bullish tone.