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Options positioning watch: MU — 2026-07-22 (0 DTE).

2026-07-22·global-stock-options-20260722-mu
Options positioning watch: MU — 2026-07-22 (0 DTE).

Put/call volume ratio: 0.66; put/call OI ratio: 2.36. Calls traded 176,199 contracts versus 116,474 puts.

The nearest ATM straddle around $970.00 prices an approximate ±$12.25 move, or 1.3% of spot, through expiry.

Near-OTM IV skew proxy: puts above calls by 0.5 volatility points.

Anomaly screen: call $985.00: 10,984 volume, 22.5x vol/OI; put $970.00: 12,188 volume, 21.7x vol/OI; put $960.00: 8,335 volume, 17.7x vol/OI.

Read-through: call volume is materially heavier than put volume; the anomaly screen surfaced notable volume/OI outliers. This describes positioning, not trade direction.

#Options #Stocks #MU

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