Micron IV Crush After a Mega-Guide Print

Micron's September 30, 2026 AMC print (call 4:30pm ET) is not a blank-slate event. June's guide — revenue $50B ± $1B, non-GAAP EPS $31 ± $1 — and a prior quarter at $41.5B revenue already set a high bar. Street sits near $50.6–51.1B / $31.3–31.5.

Crush analysis here is about whether residual uncertainty dies with the print. If FY27 Q1 guide and HBM commentary are the real binary, ATM IV can stay sticky even after EPS lands inside the range.

Map the surface tonight: front vs second expiry, put skew, and IV rank vs MU's own history — not vs a calm VIX.

If you want to rehearse the setup before you size it, paper-trade the scenario on Stock Picks.

Not financial advice. Verify claims independently.