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MU

Micron Technology, Inc.Close $457.23EOD only
Max Pain
$405.00
Next expiry Apr 17, 2026
Expected Move
±$6.32
1.4% from close
Price Gap
-52.23
Distance to max pain
IV Rank
66
High premium
P/C OI
1.16
Slightly put-heavy
Consensus
6.5/10
Range bias
Published snapshot: Apr 16, 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
Apr 16, 2026 close
MU AI Consensus Report
Analysis based on market close April 17, 2026
DirectionalTheta GangFlowEarningsConsensus

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

Conviction
6.5

out of 10

6.5 because dealer pinning and flow alignment strengthen the bias, but rich IV and imminent event risk (earnings/macro) leave a material path to rapid invalidation, preventing a higher score.

Where Perspectives Agree

Consensus is a short-term bullish pin in the $450–$470 band driven by dealer hedging and buy-side flow that caps downside absent a clear breach of $450.

Where They Diverge

Earnings and IV term-structure introduce a binary event risk that can produce an IV spike and directional break; this event-risk directly undermines the pin thesis even while theta and flow prefer selling into that pin. Additionally, heavy flow accumulation vs dealer hedging is supportive now but would be contradicted if institutional rotation reverses into large outright selling.

Top Trade
via theta

Sell 2026-05-15 $440/$400 put spread for a net credit (~$1.25) — defined-risk, collects theta and benefits if the $450 pin holds.

Key Risk

A decisive break and close below $450 on heavy volume triggers the dealer gamma flip to net selling and would accelerate price down toward the $420 area, nullifying the pin and crushing short-put income positions.

Read the AI Analyst Consensus for MU for 2026-04-17. This synthesis report combines directional, theta, flow, and earnings perspectives into one conviction view with setup, trigger, and invalidation context.