Home Options MUReports

MU

Micron Technology, Inc.Close $935.89EOD only

Max Pain

$925.00

Next expiry Jun 12, 2026

Expected Move

±$83.90

9.0% from close

Price Gap

-10.89

Distance to max pain

IV Rank

High premium

P/C OI

1.47

Slightly put-heavy

Consensus

7.0/10

Bullish tilt

Published snapshot: Jun 9, 2026 close

End-of-day snapshot

This page reflects MU options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.

Published Snapshot

Jun 9, 2026 close

MU Flow Report

Analysis based on market close June 10, 2026

Directional Theta Gang Flow Earnings Consensus

Historical consensus-supported lens with full content, report chain context, and metric rail.

Flow Verdict

Confidence:

7.5 / 10

base 5; +2 GEX/flow strongly aligned; +1 GEX positive (pinning); -0.5 spot 3.1% from MP

Watch next session: $905; $910; $915

Flow Summary

Net premium: +$2.0M bullish

P/C volume ratio: 1.09

P/C OI ratio: 1.43

Aggressive short-dated call buying at $900-$915 despite market weakness. Net premium +$2M, GEX +$6.6M. Spot below MP offsets. Key level $730.

Notable Prints

MU 2026-06-12 $912.50 Call

Vol: 1,694

OI: 141

Vol/OI: 12.0x

IV: 102.6%

Notional: ~$4.1M

Intent: Bullish

Read-through:

MU 2026-06-12 $360.00 Put

Vol: 1,440

OI: 147

Vol/OI: 9.8x

IV: 296.9%

Notional: ~$1K

Intent: Speculative

Read-through:

MU 2026-06-12 $410.00 Put

Vol: 915

OI: 109

Vol/OI: 8.4x

IV: 270.3%

Notional: ~$3K

Intent: Speculative

Read-through:

MU 2026-06-12 $915.00 Call

Vol: 2,499

OI: 333

Vol/OI: 7.5x

IV: 101.8%

Notional: ~$6.2M

Intent: Bullish

Read-through:

MU 2026-06-12 $895.00 Call

Vol: 2,313

OI: 318

Vol/OI: 7.3x

IV: 103.6%

Notional: ~$7.1M

Intent: Bullish

Read-through:

Institutional Positioning

Call additions: Institutions adding calls at 895-915 strikes (high vol/oi ratio)

Put additions: Minor deep OTM puts for hedging

GEX/DEX consistency: GEX+DEX positive align with call flow, but OI ratio >1 suggests lingering bearish positioning

OI clusters: Concentrated call OI at 905,910 strikes; put OI large OTM

Hedging evidence: Deep OTM put buying (360,410) for tail hedge

Max pain context: Spot below MP; gamma pinning may pull price higher toward MP

Signal vs Noise

~High vol/oi call buying (6-7x) is institutional accumulation, real signal

~Deep OTM puts with ~$0.01-0.03 premium are noise — likely small speculators or inexpensive hedges

~Volume of 6225 on 910C with 1010 OI signals aggressive call addition

Key Conclusions

🟢Heavy institutional call buying at 895-915 suggests bullish sentiment despite market selloff

⚠️Put/call OI ratio >1.4 indicates residual bearish positioning; spot below MP

🔄Gamma pinning and GEX positive ($6.6M) may support price recovery toward MP

How to Use These Reports

This flow reflects the market close on June 10, 2026.

What the reports do

Each report translates the same market-close options snapshot into a specific lens such as directional bias, premium-selling posture, flow quality, or earnings setup.

How traders use them

Reports are most useful for narrowing the playbook, surfacing entry and risk context, and deciding which raw data page to inspect next.

What to remember

These are interpretation layers, not execution guarantees. Validate the setup against chain liquidity, expected move, and exposure before sizing risk.

If the report conviction and the raw data disagree, slow down and resolve the mismatch before sizing risk.