Mixed options sentiment in Micron with shares up 5.47%

Mixed options sentiment in Micron (MU), with shares up $20.77, or 5.47%, near $400.45. Options volume roughly in line with average with 372k contracts traded and calls leading puts for a put/call ratio of 0.6, compared to a typical level near 0.75. Implied volatility (IV30) dropped 2.26 near 77.86, in the highest 10% of observations over the past year, suggesting an expected daily move of $19.64. Put-call skew flattened, suggesting a modestly bullish tone.Looking ahead: Micron (MU) will report earnings after the close on None.Option markets are pricing in a 50% probability of a move greater than 0.0% or $0.00.