Technology/Semiconductors

MU Options Flow

Micron Technology Inc.

Track MU options flow, gamma exposure, and unusual activity in real-time.

Recent MU Options Flow

Live institutional order flow from the Options Flow scanner

Time Type Strike Expiry Premium Sentiment
3:52 PM CALL SWEEP $100 3/21/26 $410,400 BULLISH
3:18 PM PUT BLOCK $93 2/28/26 $234,000 BEARISH
2:45 PM CALL SWEEP $98 3/7/26 $567,000 BULLISH
2:12 PM CALL BLOCK $105 4/17/26 $738,000 BULLISH
1:38 PM PUT SWEEP $95 3/7/26 $285,000 BEARISH
12:52 PM CALL BLOCK $102 3/21/26 $645,000 BULLISH
11:28 AM PUT SWEEP $90 2/28/26 $156,000 NEUTRAL
10:45 AM CALL BLOCK $110 4/17/26 $892,000 BULLISH

Double-click any trade in the live product to see detailed charts and P&L tracking

MU Gamma Exposure Dashboard

Interactive GEX analysis with heatmap, chart, and table views

Showing 15-minute delayed data
Current Price
$95
Gamma Flip
$94
-1.1% from spot
Call Wall
$96
+1.1% from spot
Put Wall
$93
-2.1% from spot
Net GEX
1.9B
Max +GEX
$96
646.1M
Max -GEX
$93
141.9M
Expected Move
$93 - $97
±2.1%
Strike2/212/242/283/213/74/18
$9837.8M32.2M26.5M15.1M20.8M9.5M
$9764.4M54.7M45.1M25.8M35.4M16.1M
$9653.1M45.2M37.2M21.3M29.2M13.3M
$9530.6M26.0M21.4M12.2M16.8M7.6M
$94-3.2M-2.7M-2.3M-1.3M-1.8M-805K
$93-12.1M-10.3M-8.5M-4.8M-6.6M-3.0M
$92-9.7M-8.2M-6.8M-3.9M-5.3M-2.4M

MU Options Market Statistics

Key metrics for Micron Technology Inc.

Avg Daily Volume
1.1M
Avg Premium
$4.8B
Put/Call Ratio
0.86
Avg IV
56%
Market Cap
$105B
Avg Spread
$0.03

About MU Options

Micron is the memory chip leader with exposure to DRAM, NAND, and AI infrastructure. Options flow in MU reveals positioning around memory pricing cycles, datacenter demand, and PC/smartphone end markets. MU is the purest play on memory supply/demand - flow signals semiconductor cycle inflections.

Reading MU Options Flow

MU flow spikes around earnings and memory pricing updates. Watch for call sweeps when HBM (high-bandwidth memory) demand accelerates for AI chips - MU is a key NVDA supplier. The stock's cyclical nature creates volatile flow patterns - large put blocks during rallies are cycle-top hedges, not necessarily bearish on near-term results.

MU Gamma Exposure Insights

MU gamma exposure fluctuates dramatically with memory cycle sentiment. During upcycles, positive GEX builds at round strikes ($90, $95, $100) as option selling increases. During downcycles, dealers go short gamma as put buying overwhelms. The flip level is a key leading indicator - MU breaking above it during troughs signals cycle recovery.

Frequently Asked Questions

MU options flow tracks positioning in Micron options, driven by memory pricing trends, datacenter DRAM/HBM demand, and smartphone/PC cycles. MU flow is heavily cyclical - call sweeps during troughs signal cycle recovery; put blocks during peaks signal top concerns.

MU GEX reveals cycle positioning and sentiment. Positive GEX during upcycles creates stability; negative GEX during downcycles amplifies volatility. The flip level is key - MU breaking above it signals improving cycle dynamics. Watch GEX shifts during memory pricing inflections.

Unusual MU activity often precedes memory cycle turns. Large call sweeps during troughs signal bullish positioning on HBM/datacenter demand. Put blocks during rallies hedge cycle-top risk. MU flow is more predictive than other chips due to clear cyclical drivers.

Memory chips (DRAM, NAND) are commoditized with boom-bust supply cycles. Unlike logic chips (NVDA, AMD), memory pricing is set by industry-wide supply/demand, not product differentiation. MU's earnings swing violently with memory pricing, creating extreme volatility and cyclical options flow.

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