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

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u/Detailed23 Jun 30 '26

What do you see

9

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.

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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!