thetaOwl

MU

Micron Technology, Inc.Close $1087.99EOD only
Max Pain
$560.00
Next expiry Jun 18, 2026
Expected Move
±$90.20
8.3% from close
Price Gap
-527.99
Distance to max pain
IV Rank
100
High premium
P/C OI
1.45
Slightly put-heavy
Consensus
6.0/10
Bullish tilt
Published snapshot: Jun 15, 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 15, 2026 close
MU AI Consensus Report
Analysis based on market close June 16, 2026

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

Conviction
6.5

out of 10

6.5 not 7.5 because the earnings event in 4 days introduces binary risk that could override the pin, and the mixed flow/directional conflict prevents higher alignment.

Where Perspectives Agree

Pin to $935 with dealer gamma support is the dominant thesis — all personas acknowledge elevated IV and pinning dynamics near max pain.

Where They Diverge

Directional bearish bias conflicts with flow's bullish call speculation; earnings IV term structure anticipates post-event fade, undermining the directional continuation thesis below $930.

Top Trade
via theta

Sell 2026-06-18 $1000/$975 put spread and $1050/$1070 call spread for ~$10.50 credit — profits from pin and IV crush, defined risk.

Key Risk

Break below $730 flips dealer gamma long, removing the pin — downside accelerates quickly to gap fill areas.

How to Use These Reports
This ai consensus reflects the market close on June 16, 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.