thetaOwl

MU

Micron Technology, Inc.Close $895.88EOD only
Max Pain
$705.00
Next expiry May 29, 2026
Expected Move
±$75.05
8.4% from close
Price Gap
-190.88
Distance to max pain
IV Rank
84
High premium
P/C OI
1.39
Slightly put-heavy
Consensus
7.0/10
Bullish tilt
Published snapshot: May 26, 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
May 26, 2026 close
MU AI Consensus Report
Analysis based on market close April 17, 2026

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

You are viewing an older report from April 17, 2026. A newer ai consensus report is available for May 22, 2026.

View latest report
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.

How to Use These Reports
This ai consensus reflects the market close on April 17, 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.