MU – Relative Strength Into 1000, Call Gamma Squeeze Watch

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MU – Relative Strength Into 1000, Call Gamma Squeeze WatchMicron Technology, Inc.BATS:MUTanukiTradeMU is showing clear relative strength: rebound from the 800 put wall, now at 992 and tapping 1000. Price is above HVL → positive GEX regime. That alone matters less than what sits overhead. 1000 is the real story — not just a round number. Same strike stacks: C1 — largest call-side net GEX (call wall) Ab1 — largest absolute GEX COI — highest call open interest CV — largest call volume today That’s a dense multi-metric reaction zone. Holding below keeps 1000 as the ceiling. A clean accept above 1000 on strong volume opens a positive extension zone with call gamma squeeze potential. Options backdrop is extreme: IVRank 87.5, CALL$ 86.8% (calls priced much richer than puts at equivalent distance — heavy call skew). Oscillator green histogram remains elevated on the right edge. Setup: strength + positive regime + max confluence at 1000. Break + volume → squeeze watch. Rejection → still a clean level to respect.