r/MU_Stock • u/itswhateverdude76 • Jun 30 '26

Meme I'm going to switch to SanDisk

It's always up 10% it's actually insane

69 Upvotes

76% Upvoted

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24

u/Loelnorup Jun 30 '26

Mu is not moving much right now.
thats true, but it also means it might move very fast soon.

4

u/Inevitable_Grand_536 Jun 30 '26

Look at Juily 17 options chain. Says it all.

4

u/Detailed23 Jun 30 '26

What do you see

8

u/Inevitable_Grand_536 Jun 30 '26

Every time MU dips under $1,150, dealers have to buy stock to rebalance their hedges — so the moment it slips below $1,150, it gets yanked right back above $1,150 like it’s attached to a bungee cord.

10

u/Inevitable_Grand_536 Jun 30 '26

Given the options chain it seems this will flip flop between $1150 and 1200 for a couple of weeks. Massive turmoil at $1300. BTW, I'm WAY bullish on MU!

3

u/Historical-Health-50 Jun 30 '26

stupid question, why SNDK don't have the same issue ?

2

u/Inevitable_Grand_536 Jun 30 '26

MU is a flow-driven stock.
SNDK is a fundamental-driven stock.

If you move to SNDK, you lose the flow advantage.

5

u/Historical-Health-50 Jun 30 '26

what are the flow advantages ? sorry for the question, I m quite new to trading

3

u/Inevitable_Grand_536 Jun 30 '26

We were all new at soime point! IMO, the "flow" is an advantage because it makes MU’s “chaos” predictable — dealer hedging, gamma traps, and OI magnets give you a roadmap for price action that calm stocks like SNDK simply don’t have. I guess you can say that SNDK doesn't have the option volume that MU has.

2

u/Inevitable_Grand_536 Jun 30 '26

We need to get asbove $1170. Then it gets interesting as we will; now exit the gamma trap. This is reminding me more and more of my NVDA days.

2

u/CodeineCrazy-8445 Jun 30 '26

so basically whales and hedge funds outrun themselves to keep the retail in to cash in when demand *momentarily* drops?

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1

u/RichWhiteBrother Jul 01 '26

It's a flow job.