Moderately bullish activity in Micron (MU), with shares up $5.25, or 1.97%, near $271.17. Options volume running well above average with 152k contracts traded and calls leading puts for a put/call ratio of 0.74, compared to a typical level near 0.86. Implied volatility (IV30) dropped 1.34 near 53.53,and below the 52wk median, suggesting an expected daily move of $9.14. Put-call skew flattened, suggesting a modestly bullish tone, following an upgrade to Buy at BofA.
Claim 70% Off TipRanks This Holiday Season
- Unlock hedge-fund level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on MU:
- Why Is IREN Stock Climbing Today?
- Video: UniFirst jumps after Cintas makes renewed takeover bid
- NVDA, MU: Baird Names Top Semiconductor Picks for 2026
- The Week That Was, The Week Ahead: Macro & Markets, Dec. 20
- China’s Moore Threads Launches AI Chip Architecture, Challenges Nvidia and AMD Stocks