thetaOwl

MU

Micron Technology, Inc.Close $1048.51EOD only
Max Pain
$1050.00
Next expiry Jun 26, 2026
Expected Move
±$116.83
11.1% from close
Price Gap
+1.49
Distance to max pain
IV Rank
59
Middle-high premium
P/C OI
1.47
Slightly put-heavy
Consensus
7.0/10
Bullish tilt
Published snapshot: Jun 24, 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 24, 2026 close
MU AI Consensus Report
Analysis based on market close June 25, 2026

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

Conviction
5.0

out of 10

5 not 6 because mixed flow and conflicting directional signals reduce certainty; a break of $1120 or $1250 would shift conviction significantly.

Where Perspectives Agree

All personas see MU range-bound between $1120 support and $1250 resistance, with heavy put hedging capping upside but positive dealer gamma supporting the floor; near-term bias is slightly bullish from call flow and GEX, but earnings risk and high IV demand caution.

Where They Diverge

Theta's bearish short call credit spread directly contradicts Directional's bullish call recommendation, while Earnings' neutral iron condor implies a range-bound move that undermines both directional biases.

Top Trade
via earnings

Sell 2026-07-02 $1150/$1070 put spread and $1310/$1390 call spread as an iron condor for a net credit of $10.00, targeting IV crush and range-bound movement.

Key Risk

Break below $1120 support invalidates the range thesis, triggering downside acceleration toward $1000 due to concentrated put OI.

How to Use These Reports
This ai consensus reflects the market close on June 25, 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.