Mixed options sentiment in Micron with shares up 7.73%

Mixed options sentiment in Micron (MU), with shares up $29.20, or 7.73%, near $406.77. Options volume roughly in line with average with 472k contracts traded and calls leading puts for a put/call ratio of 0.58, compared to a typical level near 0.77. Implied volatility (IV30) dropped 3.01 near 68.22,and above the 52wk median, suggesting an expected daily move of $17.48. Put-call skew flattened, suggesting a modestly bullish tone, following a downgrade to Hold at Erste Group.