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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
89
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 AI Consensus Report
Analysis based on market close June 9, 2026
DirectionalTheta GangFlowEarningsConsensus

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

Conviction
7.0

out of 10

7 not 9 because the earnings event in 3 days introduces binary risk that could break the pin despite current positioning, and IV crush will reduce the profitability of any short-premium trades held through the event.

Where Perspectives Agree

All perspectives converge on a bullish pin near $925, supported by dealer long gamma, aggressive institutional call flow, and high implied volatility that favors premium selling with defined risk.

Where They Diverge

Earnings anticipates severe IV crush post-event, which undermines theta's short-vega strategies (short put credit spreads) and directional's bullish continuation beyond $950, while flow shows simultaneous put hedging that caps upside and may signal distribution.

Top Trade
via earnings

Sell Jun 18 $920/$910 put spread and $940/$950 call spread (iron condor) for ~$0.80 credit – defined risk, profits from pin and IV crush.

Key Risk

Break below $910 (dealer gamma flips to bearish) or above $950 (call wall triggers short covering) invalidates the pin thesis and accelerates directional moves.

How to Use These Reports
This ai consensus reflects the market close on June 9, 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.