Mixed options sentiment in Micron with shares up 4.6%

Mixed options sentiment in Micron (MU), with shares up $20.32, or 4.6%, near $462.12. Options volume roughly in line with average with 393k contracts traded and calls leading puts for a put/call ratio of 0.75, compared to a typical level near 0.73. Implied volatility (IV30) dropped 3.69 near 71.03,in the top quartile of the past year, suggesting an expected daily move of $20.68. 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 9.71% or $44.88.