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MU

Micron Technology, Inc.Close $487.48EOD only
Max Pain
$432.50
Next expiry Apr 24, 2026
Expected Move
±$26.52
5.4% from close
Price Gap
-54.98
Distance to max pain
IV Rank
60
Middle-high premium
P/C OI
1.23
Slightly put-heavy
Consensus
6.0/10
Bullish tilt
Published snapshot: Apr 22, 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 22, 2026 close
MU AI Consensus Report
Analysis based on market close April 23, 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 structural dealer gamma and current flow align with upside but near-term earnings/event binary and possible institutional distribution materially raise downside tail risk, preventing a higher score.

Where Perspectives Agree

Bullish pin toward $500 driven by dealer gamma positioning and ongoing buy-side flow; momentum likely to persist absent a binary shock.

Where They Diverge

Earnings/event risk and term-structure positioning imply a pre/post-earnings fade that would reverse dealer short-coverage dynamics, directly undermining the bullish continuation; institutional flow signals could also show profit-taking at higher strikes, capping upside despite gamma support.

Top Trade
via directional

Buy May 15 $470/$500 bull call spread for a debit (directional long) — defined-risk upside exposure into the pinned range.

Key Risk

A break below $390 (sustained close) flips dealer gamma from supportive to neutral/short, triggering rapid unwind and accelerating downside toward $350 gap-support as hedges unwind and stops cascade.

How to Use These Reports
This ai consensus reflects the market close on April 23, 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.