MUMicron Technology, Inc.
Options Analysis Report•SEMICONDUCTORS & RELATED DEVICES
Market Cap $1.03T|NASDAQ
● 2026-08-25$910.43
NEUTRAL
Analysis: 2026-08-24 EOD data
1Y +682.0%YTD +188.6%7D -3.2%
Options Vol
1,132,930
30D
Implied Move
±18.4%
IV Rank
14%
MU Options Overview
IV is elevated with unusual activity. Conditions favor premium sellers.
REWARDS
RISK ANALYSIS
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MU Gamma Walls
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Value
Is IV priced right?
6.3
ExpensiveCheap
Measures whether options are cheap, fair, or rich relative to historical and peer
IV
levels.Risk Checks6/9 checks passed
IV Rank
≤35%IV Rank 97.0% — elevated vs history
IV/HV Ratio
<1.05xIV/HV 0.64x — IV ≤ HV
Sector Relative≤50%
Sector percentile 87% — above sector median
Term Structure
<1.1xFront/Back 0.97x — contango
Skew Normal
<1.25xPut/Call IV 1.16x — elevated
Absolute IV
<80%ATM IV 63.6% — normal range
Spread-Adjusted Value
<80%Effective IV 71.2% (ATM 63.6% + spread 3.8% + bias) — fair
Execution Efficiency
<3.0%Total drag 6.94% (spread 3.81% + slippage 3.13%) — high friction
Vega Efficiency
≥5.0Vega efficiency 165.51 (vega 63.059 / spread 3.81%) — efficient
Sentiment
Bullish or bearish?
5.2
BearishBullish
Analyzes
put/call ratios
, open interest skew
, and flow direction to determine market bias.Risk ChecksNeutral - Weak signal (Conviction: -0%, Raw: -1%)
Flow Direction
|net sentiment| ≥25%Conviction-weighted: -0% (neutral) — Raw: -1%
OI Skew Magnitude
≥15%|OI skew| 5.8% — balanced
Volume-OI Alignment
Same sign, |vol skew| ≥10%Vol skew +13.8%, OI skew -5.8% — divergent (opposite)
Conviction Quality
≥2/3 conditions0-DTE 22%, far-OTM 15%, avg DTE 30
OI Momentum
|change| ≥3%OI change +0.0% (5d) — stable
Smart Money Flow
|weighted flow| ≥20%ITM: +11%, ATM: +1%, OTM: -3% — neutral (ITM/ATM aligned)
Sector Relative≤40% or ≥60%
Sector P/C percentile 58% — bearish vs sector
Activity
Unusual activity?
4.8
QuietActive
Detects volume surges,
block trades
, and unusual options activity that may signal moves.Risk Checks2/8 checks passed
Volume Surge
≥1.5xVolume 1.1x avg — normal
Turnover Rate
≥15%Vol/OI 37.0% — high turnover
Multi-Day Persistence
≥2 days1 day(s) elevated — may be one-day event
OI Build
≥5%OI change -10.2% (5d) — unwinding
Sector Relative≥60%
Sector activity percentile 95% — very active vs sector
Trade Quality
≥30%Large trade volume 13% — mostly retail
Execution Urgency
≥60%Aggressive execution 29% — patient
Flow Conviction
≥30Conviction -0 (neutral) — mixed
Liquidity
Can I trade efficiently?
7.0
IlliquidLiquid
Evaluates
bid-ask spreads
, volume depth, and open interest for trade execution quality.Risk Checks5/8 checks passed
Tradeable Spread
≤5.0%Spread 3.8% — acceptable
Adequate OI
≥10,000OI 3,063,288 — deep
Active Volume
≥500Volume 1,132,930/day — active
Reasonable Cost
≤$0.50$0.19 to cross — cheap
Strike Coverage
≥5 strikes1 liquid strikes — limited options
Sector Relative≤40%
Sector spread percentile 87% — much wider than sector
Order Book Depth
≥100 contractsDepth 100.0 contracts (bid:48.5 ask:51.5) — adequate
Execution Quality
<1.0%Avg slippage 3.13% — poor
Timing
Is now a good time?
7.4
RiskyFavorable
Considers earnings proximity,
time decay
, and event calendar for optimal entry timing.Risk Checks6/9 checks passed
Term Structure Clarity
|slope| ≥5%Slope -2.5% — flat/unclear
IV Percentile Clarity
<30 or >70IV percentile 97% — seller opportunity
Event Detection
≥10pts kinkIV kink -0.9pts — no clear event
Theta/Vega Clarity
<0.5 or >2.0θ/ν ratio 32.67 — favors income trades
Expiration Distribution
≥3 expirations5 liquid expirations — flexible
Event Risk
≥60% (safe)safe window: Earnings in 28d (low risk)
Spread Momentum
<1.2 ratioSpread ratio 1.00x — stable
Flow Momentum
≥25% strength + ≥50% consistencyFlow -0% @ 50% consistency — unclear
Smart Money Timing
≥40 composite scoreScore 43 (ITM 20% + inst 13%) — moderate institutional
Directional Strategy Fit
Option Buyers
Long Calls6.2
bullishIV cheap, mixed flow
Long Puts6.0
bearishIV cheap, mixed flow
Premium Sellers
Cash-Secured Put5.5
bullishIV too cheap, mixed flow
Covered Call5.3
bearishIV too cheap, mixed flow
For educational purposes only. Not investment advice.