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Mixed options sentiment in Micron with shares up 4.37%

Mixed options sentiment in Micron (MU), with shares up $14.05, or 4.37%, near $335.85. Options volume running well above average with 683k contracts traded and calls leading puts for a put/call ratio of 0.78, compared to a typical level near 0.81. Implied volatility (IV30) dropped 2.21 near 69.58,in the top quartile of the past year, suggesting an expected daily move of $14.72. Put-call skew flattened, suggesting a modestly bullish tone.

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