Mixed options sentiment in Micron with shares up 2.76%

Mixed options sentiment in Micron (MU), with shares up $10.22, or 2.76%, near $380.52. Options volume roughly in line with average with 312k contracts traded and calls leading puts for a put/call ratio of 0.76, compared to a typical level near 0.75. Implied volatility (IV30) dropped 4.86 near 80.35, in the highest 10% of observations over the past year, suggesting an expected daily move of $19.26. Put-call skew flattened, suggesting a modestly bullish tone.Looking ahead: Micron (MU) will report earnings after the close on 2026-03-18.Option markets are pricing in a 50% probability of a move greater than 11.32% or $43.07.