# MU: options-positioning snapshot

Canonical: https://halfonadouble.com/stock/MU
Data through: 2026-10-02 close
Publisher: Half on a Double

| Published field | Value |
| --- | --- |
| Close (USD/share) | 1,074.89 |
| Delta neutral (USD/share) | 952.59 |
| Gamma neutral (USD/share) | 986.42 |
| Gamma max (USD/share) | 1,186.83 |
| Open interest (contracts) | 3,075,916 |
| Nearest-expiration max pain (USD/share) | 1,055.00 (2026-10-05) |
| All-expiration max pain (USD/share) | 830.00 |
| Net gamma exposure | 58,515,198 |
| Confirmed GEX flip (USD/share) | 986.42 |
| Call wall (USD/share) | 1,100.00 |
| Put wall (USD/share) | 1,000.00 |
| Put/call open-interest ratio | 0.97 |
| Options catalyst-intensity score (0–100) | 40.7 |
| Options directional score (-100 to +100) | -13.9 |
| IV rank | 43.8 |
| Front ATM IV | +40.3% |
| Front-minus-back IV | -9.9 pp |
| Front expected move | +3.6% |
| Front ATM straddle / spot | +2.3% |
| Front 25-delta risk reversal | -0.6 pp |
| Call OI change, 1 session | -127,563 contracts · -7.6% |
| Put OI change, 1 session | -180,382 contracts · -10.6% |
| Call minus put OI growth, 1 session | +3.0 pp |
| Call OI change, 5 sessions | +69,461 contracts · +4.7% |
| Put OI change, 5 sessions | +68,341 contracts · +4.7% |
| Call minus put OI growth, 5 sessions | -0.0 pp |
| Daily call OI change surprise | -1.63σ (252 prior changes) |
| Daily put OI change surprise | -1.48σ (252 prior changes) |
| Daily call-minus-put growth surprise | +1.06σ (252 prior changes) |
| Daily open interest change (contracts) | -307,945 |
| Daily open interest change z-score (prior 252) | -1.57σ (252 prior changes) |
| Gamma max distance from close | +10.4% |
| Delta neutral distance from close | -11.4% |
| Prior-year sessions closer to gamma max | 50.8% of 252 |
| Prior-year sessions closer to delta neutral | 48.4% of 252 |

## Historical gamma-max cross outcomes

| Direction | Horizon | n | Median | Middle 50% | Above zero | Nominal ≥90% median interval | Confidence floor |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: |
| above | Day +1 | 23 | -0.0% | -1.3% to +0.9% | 48% | -1.1% to +0.7% | 0.0% |
| above | Day +3 | 23 | -0.0% | -1.0% to +1.6% | 43% | -0.4% to +0.5% | 0.0% |
| above | Day +5 | 23 | -0.2% | -3.2% to +3.9% | 48% | -1.5% to +3.0% | 0.0% |
| above | Day +10 | 23 | -0.7% | -4.6% to +5.6% | 43% | -3.7% to +4.8% | 0.0% |
| below | Day +1 | 26 | +0.6% | -0.6% to +2.2% | 65% | -0.2% to +1.8% | 0.0% |
| below | Day +3 | 26 | +0.2% | -2.4% to +1.9% | 54% | -1.9% to +1.7% | 0.0% |
| below | Day +5 | 26 | +0.4% | -1.8% to +4.6% | 54% | -1.6% to +3.1% | 0.0% |
| below | Day +10 | 26 | -0.4% | -2.2% to +3.4% | 46% | -1.3% to +2.3% | 0.0% |

Returns are close-to-close after the labelled number of subsequent trading sessions. Cohorts require gamma max to be within 10% of the close on both crossing sessions. Historical windows can overlap and are not independent observations, so interval coverage is not guaranteed.

- [Machine-readable snapshot](https://halfonadouble.com/api/v1/tickers/MU.json)
- [Historical CSV](https://halfonadouble.com/api/v1/history/MU.csv)
- [Complete advanced analysis](https://halfonadouble.com/api/v1/analysis/MU.json?date=2026-10-02)

An em dash means unavailable, not zero. Values use the same display rounding as the HTML page. This is a current snapshot; full history and individual event paths are on the canonical page.

[Definitions and limitations](https://halfonadouble.com/methodology.md).