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Micron Technology, Inc. (MU)

Overview · Option chain · Volatility · Expected-move history · Earnings

Price (delayed) 956.08 +2.43%
Expected moveThe size of the up-or-down move the options market is pricing for a stock by a given date, read from option prices (the at-the-money straddle). It is a market-implied estimate, not a forecast. · Sep 18 ±8.6%
Expected range 873.641,038.84
IV30Implied volatility interpolated to a constant 30-day horizon from the expirations around it, so different stocks and dates can be compared fairly.60.5%
IV percentileWhere this IV30 ranks across all securities we cover today (a cross-sectional comparison, not the stock's own history). 90/universe
P/C volumePut volume (or open interest) divided by call volume (or open interest). A descriptive activity measure — it does not by itself say what traders expect.0.53
P/C open interest1.07
Next earnings Sep 30

Cboe delayed options data · as of Sep 02, 21:52 UTC · Figures derived from the full chain (10.5K contracts, 23 expirations) · IV own-history percentile appears after 60 recorded days (3 so far)

Expected move — Sep 18, 2026 (16 days)

Methodology →

Read from option prices: the at-the-money straddle costs this much, so the market is pricing a move of about that size in either direction by this date. It is an estimate of movement, not a prediction of direction.

873.61,039956.2 current

Options are pricing a move of about ±8.6% (range 873.64–1,038.84) by Sep 18, 2026. ATM straddle: 82.60 @ strike 955 · ATM IV: 51.7%.

Probability distribution

Model & assumptions →

The curve shows where a lognormal model, fed with current implied volatility, puts the range of outcomes at this expiration. Shaded: the expected-move band.

956.2873.61,039
expected-move bandmodel density
Levelvs priceP(above)Model-estimated chance the stock finishes above a level at expiration, derived from current IV under a lognormal model with stated assumptions — an estimate, not a prediction.P(below)
860.62 -10% 82.1% 17.9%
908.43 -5% 66.3% 33.7%
956.24 +0% 47.8% 52.2%
1,004.05 +5% 30.7% 69.3%
1,051.86 +10% 17.5% 82.5%

Model-estimated probabilities of finishing above/below each level at expiration — estimates under stated assumptions, not predictions.

Probability explorer

Drag the slider to any level and see the model-estimated chance the stock finishes above or below it at the selected expiration.

P(finish above)
P(finish below)
P(touch, approx.)

Horizon: Sep 18, 2026 · lognormal model, zero drift — an estimate, not a prediction. Assumptions

ExpiresDTEDays to expiration, in calendar days.Implied moveATM IVOpen int.
Sep 02, 2026 0 ±0.4% 70.9% 94.6K
Sep 04, 2026 2 ±3.2% 55.4% 207.0K
Sep 09, 2026 7 ±4.9% 44.9% 13.5K
Sep 11, 2026 9 ±6.3% 49.6% 72.3K
Sep 14, 2026 12 ±6.8% 47.1% 1,294
Sep 16, 2026 14 ±7.8% 49.9% 1,154
Sep 18, 2026 16 ±8.6% 51.7% 480.6K
Sep 25, 2026 23 ±10.5% 52.7% 59.5K
Oct 02, 2026 30 ±13.7% 60.5% 38.4K
Oct 09, 2026 37 ±15.0% 59.6% 10.3K
Oct 16, 2026 44 ±16.5% 59.4% 295.2K
Nov 20, 2026 79 ±22.1% 59.7% 197.4K

Open interest by strike — Sep 18

Where option positions are concentrated. Teal bars are calls, red bars are puts; the dashed line is the current price.

720.0790.0860.0925.0955.0990.01,0301,1001,170956.2
callsputs

Largest open-interest concentrations (all expirations ≤ 60 days): 1,000 C · 43.2K600 P · 30.4K1,100 C · 20.8K950 C · 19.8K535 P · 19.4K

IV term structure

Volatility page →

At-the-money implied volatility for each expiration. A hump around a date often marks a scheduled event the market is pricing.

42%53%64%75%0d198d30d

When does open interest expire?

12%This week22%This month63%Later

Implied vs realized volatility

49.8%53.7%57.6%61.4%Aug 31Sep 02
IV30HV20

HV from our stored daily closes (annualized); IV30 interpolated from the chain. Method

Price, last 60 sessions

Track record

Full history →

Of 1 recorded snapshot-versus-outcome comparisons so far, the close landed inside the expected range 100.0% of the time.

Past earnings reactions

Sep 24+16.9%Dec 24-19.8%Mar 25-7.2%Jun 25-1.5%Sep 25-1.8%Dec 25+6.9%Mar 26-3.8%Jun 26+15.4%
implied (when recorded)actual reaction

Avg |reaction| 6.9% · median 4.5% (20 reports) — two-session close-to-close window; definition

About Micron Technology, Inc.

Micron Technology, Inc. is a global leader specializing in the development, manufacture, and sale of advanced semiconductor memory and storage solutions. Its operations are structured across four primary business segments: Compute and Networking, Mobile, Storage, and Embedded. The company's product portfolio encompasses a range of memory and data storage technologies. These include high-speed, low-latency Dynamic Random Access Memory (DRAM) components for rapid data retrieval; non-volatile, re-programmable NAND flash storage devices; and fast-read, non-volatile, re-writable NOR memory chips. These innovative solutions are offered under its well-known Micron and Crucial brands, as well as through private label partnerships. Micron's extensive offerings cater to a diverse array of markets and applications. This includes critical infrastructure like cloud servers and enterprise data centers, personal computing (client and graphics), mobile devices such as smartphones, networking equipment, automotive systems, industrial applications, and various consumer electronics. The company utilizes a multi-faceted approach to market its products, employing a direct sales force, independent sales

Technology · Semiconductors · NASDAQ · Profile: Financial Modeling Prep

Related securities — Technology

NVDA · IV 32.6%AAPL · IV 24.8%PLTR · IV 46.6%DELL · IV 60.7%INTC · IV 54.6%AVGO · IV 49.4%

Consumer Cyclical

ABNB · Airbnb, Inc.AMZN · Amazon.com, Inc.AZO · AutoZone, Inc.BABA · Alibaba Group Holding…BBY · Best Buy Co., Inc.BYD · Boyd Gaming CorporationCAVA · CAVA Group, Inc.CCL · Carnival Corporation & plc

ETF

ARKK · ARK Innovation ETFBITO · ProShares Bitcoin ETFDIA · State Street SPDR Dow…EEM · iShares MSCI Emerging…EFA · iShares MSCI EAFE ETFEWZ · iShares MSCI Brazil ETFFXI · iShares China Large-Cap ETFGDX · VanEck Gold Miners ETF

Technology

AAPL · Apple Inc.ADBE · Adobe Inc.AI · C3.ai, Inc.AMAT · Applied Materials, Inc.AMD · Advanced Micro Device…APP · AppLovin CorporationARM · Arm Holdings plc Amer…ASML · ASML Holding N.V.

Financial Services

AFRM · Affirm Holdings, Inc.ALL · The Allstate CorporationALLY · Ally Financial Inc.AXP · American Express CompanyBAC · Bank of America CorporationBLK · BlackRock, Inc.BX · Blackstone Inc.C · Citigroup Inc.

Industrials

AAL · American Airlines Gro…BA · The Boeing CompanyCAT · Caterpillar Inc.CMI · Cummins Inc.DAL · Delta Air Lines, Inc.DE · Deere & CompanyEMR · Emerson Electric Co.ETN · Eaton Corporation plc

Energy

BKR · Baker Hughes CompanyCCJ · Cameco CorporationCOP · ConocoPhillipsCVX · Chevron CorporationDVN · Devon Energy CorporationENPH · Enphase Energy, Inc.EOG · EOG Resources, Inc.ET · Energy Transfer LP