Moderately bullish activity in Micron (MU), with shares up $19.39, or 5.76%, near $356.02. Options volume more than double the daily average with 755k contracts traded and calls leading puts for a put/call ratio of 0.91, compared to a typical level near 0.78. Implied volatility (IV30) dropped 1.11 near 55.37,and below the 52wk median, suggesting an expected daily move of $12.42. Put-call skew flattened, suggesting a modestly bullish tone.
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