thetaOwl

MU

Micron Technology, Inc.Close $1043.19EOD only
Max Pain
$660.00
Next expiry Jun 18, 2026
Expected Move
±$49.53
4.8% from close
Price Gap
-383.19
Distance to max pain
IV Rank
100
High premium
P/C OI
1.44
Slightly put-heavy
Consensus
6.5/10
Bearish tilt
Published snapshot: Jun 17, 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 17, 2026 close
MU AI Consensus Report
Analysis based on market close June 18, 2026

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

Conviction
6.5

out of 10

6.5 not 8 because earnings in 6 days create binary event that could override GEX/flow support; if spot holds above $970, conviction rises.

Where Perspectives Agree

Bullish drift supported by GEX pinning and flow accumulation, but heavy put hedging and spot far above max pain ($970) introduce downside risk pre-earnings.

Where They Diverge

Earnings deep put skew and downside hedging directly contradict directional bullish continuation; flow shows bullish net premium but puts are hedging, not speculative.

Top Trade
via earnings

Sell Jun 26 $1035/$1045 put spread for $3.50 credit — defined risk, profits from IV crush and bullish pin, expires post-earnings.

Key Risk

Break below $970 (max pain) flips GEX to net negative and confirms hedging intent — downside accelerates to $920.

How to Use These Reports
This ai consensus reflects the market close on June 18, 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.