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MU

Micron Technology, Inc.Close $448.42EOD only
Max Pain
$425.00
Next expiry Apr 24, 2026
Expected Move
±$28.57
6.4% from close
Price Gap
-23.42
Distance to max pain
IV Rank
23
Low premium
P/C OI
1.19
Slightly put-heavy
Consensus
6.0/10
Bullish tilt
Published snapshot: Apr 20, 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 20, 2026 close
MU AI Consensus Report
Analysis based on market close April 21, 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 spot positioning, positive GEX and institutional flow align, but an imminent earnings/event binary and elevated market vol can rapidly invalidate the pin and overwhelm structural signals.

Where Perspectives Agree

Market is pinned in a bullish/neutral band toward the $430–$470 area — dealer gamma and bullish flow favor mean-reversion into max-pain rather than a clean breakout.

Where They Diverge

Earnings/event risk and term-structure positioning create a binary that directly undermines the pin: event-driven vol repricing could flip dealer exposure and produce a post-event fade that contradicts the bullish continuation; flow signals of accumulation conflict with any sudden IV-decline trade-to-mean thesis.

Top Trade
via theta

Sell Apr 24 $470/$480 call spread for ~$0.65 credit (expires into the pin window).

Key Risk

Break below $390 triggers a dealer gamma flip (loss of pin), which would accelerate downside toward the $360 structural gap and invalidate the bullish/mean-reversion thesis.

How to Use These Reports
This ai consensus reflects the market close on April 21, 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.