9.30 Micron Earnings Forecast $MU This earnings report is highly complex and also coincides with the last day of pension fund rebalancing. From the market open until now, there’s no clear direction. The following is the blogger’s bold speculation. DYOR, NFA. This is important—trade nimbly. Summary: Earnings beat → pump to 1100-1135 Guidance downgrade → dump to 1015-1050 —————————— First, the rebound in $SOXX/$SMH is noticeably lagging behind the bullish sentiment in $MU options, which suggests signs of insider trading. From this, we infer that the earnings report will exceed expectations, and the market may break through 1070 after the report is released, reaching the Call Wall at 1100. Ultimately, the peak after the earnings beat may settle between 1100-1150. Based on IV, the upper limit of this rally is likely in the 1100-1135 range. (The price range difference is minimal, so don’t nitpick the exact numbers.) As for guidance, there will likely be some downgrades due to delays in data center construction, and the newly updated Agent hasn’t reached a killer level yet. Therefore, during the earnings call, $MU’s stock price is expected to gradually drop from 1100-1135 to 1000-1050. The author believes this range can be further refined to 1015-1050.