The money comes with a catch that could shield the memory maker from the next export squeeze.
MU Micron Technology, Inc.
XNAS
909.92
Delayed
Stock quote, options chain, IV rank, technicals, AI analysis, and institutional ownership. Iron condor setups Expected move IV rank history Fibonacci levels Insider trading
Market data may be delayed, incomplete, or inaccurate. Not a recommendation to buy, sell, or hold any security. Verify quotes with your broker before trading. See Terms §17.
MU
$909.92
—
Key stats
$909.92
- 52-Week Range
- $192.40 – $1255.00
- YTD
- +188.48%
- IV Rank (30D)
- 11.01
- Straddle Price
- $108.28
- P/C Vol Ratio
- 1.02
- Market Cap
- $1013.8B
- Open
- $923.74
- Day Range
- $889.45 – $928.45
- Volume
- 7,782,056
- Prev Close
- $896.07
Fair Value
MODEL: LONG
A blended fair-value estimate combining up to six valuation methods. Each method is weighted by how well it fits the company — DCF down-weights for unprofitable names; DDM only fires for steady dividend payers; comparables down-weight when peer multiples disagree.
- DCF (quality-aware) — projects free cash flow with a horizon that scales to business quality. True compounders (quality 6/6) get 10 years explicit + 10 years fade before terminal; cyclical/struggling names (quality 0-1) get a 5-year terminal cliff. Quality is scored from ROE, gross margin, growth, FCF margin, debt load, and FCF consistency — the same factors that drive market premium for compounders.
- Market-Implied Growth (in Model Inputs) — reverse-DCF that answers "what growth rate is the market pricing in?". Lets you sanity-check the deviation: if implied growth is plausible for the business, the model's bearish flag may be wrong; if implausible, the market may be over-extrapolating.
- DDM (Gordon Growth Dividend Model) — values the stream of future dividends. Only used when trailing yield ≥ 2% and dividend payments are stable — below that the dividend is a token payout and Gordon (which values only the dividend stream) systematically underprices growth names, so those route to DCF + comparables + market anchor instead.
- P/E, EV/EBITDA, P/B, P/S — applies the peer-group median multiple to this company's per-share metric. Peers come from the same set as the "Related symbols" card. Earnings/sales metrics are forward-tilted by the company's recent revenue growth (capped at 25%) so they're comparable to peers' growth-embedded multiples — mimics how analysts use NTM rather than TTM. Per-multiple weights are biased by company quality (e.g. P/B down-weighted for asset-light tech).
- Market Anchor (SMA50) — the 50-day moving average, weighted by recent trading-range stability (tighter Bollinger bands → higher weight). Captures information fundamentals miss (forward consensus, sentiment, supply/demand) — but only when recent trading is steady enough that the market has converged on a view. During wild breakouts or breakdowns the anchor's weight collapses.
- Options Expected (B-L 30d) — the risk-neutral expected stock price at 30-day options expiration, derived from the full implied-volatility surface via Breeden-Litzenberger (second derivative of call price wrt strike → implied PDF, then E[S_T]). Forward-looking, captures all options-implied information (smile, skew, term structure) in one number. Weighted by chain liquidity. SP500-only at present (pre-computed daily). Backtest evidence: adds modest alpha across most bucket × holding combos.
- Blended value — weighted average. Confidence reflects how many methods fired and how tight peer dispersion is.
- Deviation pill — green when blended FV ≥ 10% above current price (undervalued); red when ≥ 10% below; grey otherwise.
| 10-yr Treasury (rf) | 5.09% |
| Beta vs SPY | 1.58 |
| Cost of Equity (CAPM) | 13.78% (VRP-adj) |
| WACC | 13.79% |
| Volatility Risk Premium | +83.8pp (IV − HV30), ERP adj +50bps |
| Effective Tax Rate | 14.8% |
| Rev. Growth (YoY, DCF input) | +30.0% |
| DCF Horizon | 15 years explicit + fade |
| Forward Tilt (NTM/TTM) | ×1.10 (applied to P/E, EV/EBITDA, P/S) |
| Free Cash Flow (TTM) | $59.0B |
| Return on Equity (TTM) | 61.4% |
| Book / Price | 13.5% |
| Gross Margin (TTM) | 80.7% |
| FCF Margin (TTM) | 44.3% |
| Debt / Equity | 0.03 |
| Quality Score | 6/6 — compounder (15y DCF) |
| Market-Implied Growth | +12.6% (reverse-DCF on current price) |
| SMA 50 | $984.37 (Market Anchor value) |
| SMA 20 / Bollinger Mid | $1016.05 |
| Bollinger Width / SMA20 | 2.8% (drives anchor stability) |
| Net Debt | $-33.7B |
| Market Cap | $1024B |
Peers used for multiples: AAPL, AMD, AVGO, GOOGL, INTC, META, MSFT, NVDA
60-Day Conviction
99%
20-Day Fair Value
≈ by Nov 19, 2026
$927.74
α +2.0%
rank 95%
conviction
90%
40-Day Fair Value
≈ by Dec 18, 2026
$923.54
α +1.6%
rank 90%
conviction
50%
60-Day Fair Value
≈ by Jan 18, 2027
$966.97
α +6.4%
rank 96%
conviction
99%
| Method | Implied Price | Weight | Detail |
|---|---|---|---|
| DCF | $2680.83 | 19% | |
| DDM (Gordon) | n/a | 0% | |
| Peer P/E | $2417.91 | 9% | median 29.6× · 7 peers |
| Peer EV/EBITDA | $2972.08 | 9% | median 28.1× · 8 peers |
| Peer P/B | $1333.54 | 2% | median 11.0× · 8 peers |
| Peer P/S | $1452.25 | 6% | median 11.3× · 8 peers |
| Market Anchor (SMA50) | $984.37 | 38% | stability 100% (BB-width) |
| Options Expected (B-L 30d) | $896.42 | 19% | 196 strikes · skew +0.07 |
As of 2026-10-21 · updated
Related
About
- Industry (SIC)
- SEMICONDUCTORS & RELATED DEVICES (3674) · industry map
- Exchange
- XNAS
- Market Cap
- $1013.8B
- Employees
- 61,000
- List Date
- 1984-06-01
- CIK
- 0000723125
- Headquarters
- Boise, ID
- Homepage
- https://www.micron.com
Micron is one of the largest semiconductor companies in the world, specializing in memory and storage chips. Its primary revenue stream comes from dynamic random access memory, or DRAM, and it also has minority exposure to not-and or NAND, flash chips. Micron serves a global customer base, selling chips into data centers, mobile phones, consumer electronics, and industrial and automotive applications. The firm is vertically integrated.
Summary
—
composite
—
No summary data available for this symbol yet.
Each spoke is this symbol's rank within its sector (0–100; the dotted ring marks the sector median at 50). Higher is more constructive for a long. One spoke — News sentiment — is an absolute reading, not a sector rank. Grayed spokes have no data. A fuller shape is a summary, not a recommendation.
Chart
Seasonality
| Month | '21 | '22 | '23 | '24 | '25 | '26 | Avg |
|---|---|---|---|---|---|---|---|
| Jan | 5.70% | -14.08% | 19.71% | 4.14% | 4.48% | 31.53% | 8.58% |
| Feb | 13.80% | 9.10% | -7.64% | 5.84% | 4.13% | -5.81% | 3.24% |
| Mar | -6.91% | -9.70% | 5.23% | 23.90% | -4.03% | -18.13% | -1.61% |
| Apr | -6.86% | -10.49% | 7.97% | -9.12% | -13.26% | 40.59% | 1.47% |
| May | -1.04% | 4.59% | 9.38% | 13.95% | 21.46% | 79.08% | 21.24% |
| Jun | 0.99% | -24.84% | -8.66% | 2.62% | 25.53% | 11.47% | 1.19% |
| Jul | -3.16% | 15.30% | 11.72% | -16.50% | -9.72% | -22.34% | -4.12% |
| Aug | -5.07% | -9.61% | -1.16% | -5.19% | 13.47% | 15.58% | 1.34% |
| Sep | -3.72% | -12.58% | -3.35% | 17.08% | 41.22% | 14.11% | 8.79% |
| Oct | -2.66% | 4.60% | -1.60% | -0.66% | 22.85% | -17.15%* | 0.90% |
| Nov | 18.81% | 5.09% | 9.68% | -1.78% | 0.76% | -- | 6.51% |
| Dec | 9.40% | -9.93% | 12.39% | -14.60% | 18.69% | -- | 3.19% |
| Total | 16.72% | -46.27% | 62.47% | 12.09% | 193.49% | 141.55% | 63.34% |
Technical Indicators
Quick-reference for reading the values below. Indicators combine to confirm a view — no single one is a trade signal on its own.
Trend Indicators
- SMA 20 / 50 / 200 — price above = uptrend, below = downtrend. SMA 50 crossing SMA 200 is the golden/death cross.
- EMA 12 / 26 — faster-reacting averages; 12 above 26 is short-term bullish.
- MACD — bullish when MACD > signal (green badge), bearish when below. Divergence from price often precedes reversals.
- ADX (14) — trend strength regardless of direction. <20 range, 20–25 weak trend, 25–50 trend, >50 strong trend.
- +DI / −DI — +DI > −DI favors bulls; the reverse favors bears. Read alongside ADX.
Momentum Oscillators
- RSI (14) — <30 oversold, >70 overbought. 40–60 is neutral; trending names can stay extreme.
- Stochastic %K / %D — <20 oversold, >80 overbought. %K crossing %D is an early momentum signal.
- Williams %R — inverted scale: <−80 oversold, >−20 overbought.
Oscillators work best in range-bound markets; in strong trends they give premature reversal signals.
Volume & Volatility
- Bollinger Bands — price at upper band = overbought, lower = oversold. Narrow bands (squeeze) often precede expansion.
- OBV — cumulative volume; rising OBV confirms uptrend, falling OBV confirms downtrend. Divergence from price is a warning.
- Vol SMA 20 / Vol ROC — today's volume vs. 20-day average. Positive ROC with price move = conviction.
- ATR / True Range — average daily $ move; sizing and stop-loss reference.
- HV 20 / 30 / 60 — realized (historical) volatility. Compare to IV on the options cards: IV > HV = rich premium.
Confluence matters: trend + momentum + volume agreeing carries far more weight than any single indicator. For how these feed the spread scanner score, see the algorithm docs →
Trend Indicators
SMA 20: $1007.92
SMA 50: $985.18
SMA 200: $726.96
Current: $909.28
EMA 12: $950.01
EMA 26: $978.10
MACD: -28.0959 | Signal: -18.7136
BEARISH
ADX (14): 26.13
TREND
+DI: 13.99
−DI: 32.74
Momentum Oscillators
RSI (14): 39.73
NEUTRAL
Stoch %K: 18.17
Stoch %D: 17.02
Williams %R: -79.49
Volume & Volatility
BB Upper: $1157.37
BB Lower: $858.46
NEUTRAL
OBV: 1,210,968,582
Vol SMA 20: 25,748,569
Vol ROC: -74.95%
ATR: $47.60
True Range: $39.00
HV 20: 44.4%
HV 30: 50.3%
HV 60: 66.2%
Data Summary
Data Points: 500
Last Updated:
Date Range: 2024-10-22T00:00:00 – 2026-10-20T00:00:00
AI Analysis
MICRON TECHNOLOGY (MU) - COMPREHENSIVE STOCK ANALYSIS
Executive Summary
Overall Assessment: BULLISH | Confidence Level: 7/10
Investment Thesis: Micron is exhibiting strong technical momentum with a bullish MACD crossover, positive earnings surprise (Q4 beat), and constructive price action above all major moving averages. However, the extremely high beta (3.31) and IV premium (124% above realized volatility) create meaningful downside risk, while contrarian positioning from notable investors (Michael Burry) warrants caution on valuation sustainability.
Key Drivers:
- Positive earnings beat with 8 consecutive quarters of double-digit growth
- Strong technical momentum (MACD histogram +28.74, price above 20/50/200 SMAs)
- Elevated institutional volume (44.66% volume ROC)
Primary Risks:
- Extreme volatility (Beta 3.31) and options market pricing $147.97 potential move
- IV Premium at 124% suggests elevated risk priced into options (potential mean reversion)
- High-profile short positioning from Michael Burry signals contrarian caution
- Stochastic oscillators deeply overbought (79.87)
Technical Analysis
Trend Direction
| Timeframe | Status | Strength | Notes | |-----------|--------|----------|-------| | Short-term (1-4 weeks) | BULLISH | Strong | Price +$92.52 above SMA20 (+9.1%); EMA12 $1042.09 > EMA26 $1007.97 | | Medium-term (1-3 months) | BULLISH | Moderate | Sustained move above SMA50 $951.59 with expanding range; ADX 16.58 shows emerging trend | | Long-term (3-12 months) | BULLISH | Strong | Price $1065.11 far above SMA200 $673.28 (+58.3%); supports multi-month uptrend |
Support & Resistance Levels
Resistance Levels:
- $1122.62 - Upper Bollinger Band (immediate overbought threshold)
- $1140-$1160 - Technical resistance (estimated from uptrend trajectory)
- $1213 - Derived from expected move calculations (post-earnings extension)
Support Levels:
- $1012.10 - SMA20 (primary short-term support; current acting as dynamic floor)
- $951.59 - SMA50 (intermediate support; critical for trend confirmation)
- $901.58 - Lower Bollinger Band / psychological support
Momentum Signals
RSI (14): 59.66 — NEUTRAL
- Interpretation: Mid-range reading indicates balanced momentum; neither overbought (>70) nor oversold (<30)
- Context: Despite recent rally, RSI suggests room for further upside without extreme overextension
- Divergence Note: RSI neutrality conflicts with Stochastic %D at 79.87, signaling the market is showing mixed momentum signals
MACD: 34.12 / Signal: 5.38 / Histogram: +28.74 — BULLISH
- Signal: Strong positive histogram (+28.74) indicates accelerating bullish momentum
- Crossover Status: MACD (34.12) well above signal line (5.38) — textbook bullish configuration
- Strength: Large separation suggests sustained buying pressure; limited exhaustion signals yet visible
- Implication: Early-to-mid stage of bullish momentum phase; not yet at extreme overbought extremes
Bollinger Bands: NEUTRAL (width 21.84)
- Current Position: Price $1065.11 near middle band $1012.10 but below upper band $1122.62
- Band Width: 21.84 indicates moderate volatility (neither squeeze nor extreme expansion)
- Pattern: Stock has room to approach upper band (~$57 upside) before mean reversion pressure likely emerges
- Signal: Environment supports continued directional move without imminent reversal
Stochastic Oscillators: OVERBOUGHT WARNING
- %K: 77.04 / %D: 79.87 — Both readings above 70 indicate overbought territory
- Divergence: Stochastic overbought while RSI neutral creates conflicting momentum signals
- Risk: Stochastic overbought conditions often precede short-term pullbacks or consolidation (1-5 day reversals common)
Volume Analysis
Volume Rate of Change: +44.66% — ELEVATED
- Interpretation: Current volume significantly exceeds 20-day average (24.93M vs typical)
- Signal: Substantially higher volume on recent rally suggests institutional accumulation and price discovery
- Strength: Elevate volume supporting uptrend is constructive; validates move as more than retail-driven
On-Balance Volume (OBV): 1.37 billion
- Trend: OBV in uptrend phase supports price momentum
- Institutional Interest: Volume accumulation pattern suggests institutional participation in recent rally
Volume-Price Correlation:
- Strong rally accompanied by +44.66% volume surge = High Conviction Move
- Suggests professional investors are driving price action, not retail speculation
News & Sentiment Analysis
Recent Headlines Summary
| Headline | Sentiment | Impact Date | Relevance | |----------|-----------|------------|-----------| | Q4 Earnings Beat Estimates | POSITIVE | 2026-09-30 | Primary catalyst for current rally | | 8th Consecutive Quarter Double-Digit Growth | POSITIVE | 2026-09-30 | Confirms momentum; removes growth concerns | | Q4 Earnings Key Metrics Update | POSITIVE | 2026-09-30 | Fundamental validation of uptrend | | Vanguard ETF Commentary | NEUTRAL | 2026-09-30 | General market commentary; minimal stock-specific impact | | Michael Burry Put Options | NEGATIVE | 2026-09-30 | Contrarian signal; sophisticated investor hedging against crash |
Sentiment Assessment
Aggregate Sentiment: MIXED POSITIVE with CONTRARIAN HEADWIND
- 4/5 headlines: POSITIVE (80% positive coverage) — Strong earnings narrative
- 0/5 headlines: NEGATIVE (though Burry put purchase represents contrarian positioning)
- Timeline Alignment: All major news from 2026-09-30 aligns with technical breakout — excellent catalyst timing
Catalyst Identification
Immediate Catalysts (1-7 days):
- Post-earnings consolidation/follow-through (earnings released 2026-09-30)
- Options expiration cycle impact (expected move $92.17 on 7-DTE suggests near-term volatility)
Near-term Catalysts (1-4 weeks):
- Guidance confirmation/revision as market digests Q4 results
- Sector rotation impact (semiconductor strength/weakness)
- Resolution of Michael Burry short thesis (if market corrects vs. rallies)
Medium-term Catalysts (1-3 months):
- Q1 2027 earnings guidance
- Industry cycle dynamics (chip supply/demand balance)
- Potential for continued margin expansion (8 quarters double-digit growth streak)
Market Narrative
Technical-News Alignment: STRONG POSITIVE
✅ Bullish Confirmation:
- News narrative (earnings beat + growth streak) perfectly supports technical breakout
- Volume surge on positive earnings demonstrates institutional validation
- Price strength above all moving averages reflects confidence in forward guidance
⚠️ Narrative Contradictions:
- Michael Burry's Put Options Purchase: High-profile investor positioning for 1987-style crash suggests he believes current valuations cannot be sustained
- This represents a sophisticated contrarian signal against the consensus bullish narrative
- Implies either: (a) market is overpriced, (b) macro risk elevated, or (c) semis in bubble formation
- Should not be dismissed despite current positive technicals
Interpretation: Strong short-term technical/news alignment, but medium-term risk of narrative shift if broader market deteriorates (Burry's thesis).
Risk & Volatility Assessment
Beta Interpretation: EXTREME RISK
Beta: 3.31 vs SPY
| Metric | Value | Interpretation | |--------|-------|-----------------| | Beta | 3.31 | EXTREME —
Generated
News
All MU news →
Micron stock has risen nearly 20x since the start of the artificial intelligence (AI) revolution.
The memory-chip maker's management team expects another similarly strong year.
Take out two chipmakers, and the index's third-quarter earnings growth rate falls by almost a third. So why are both stocks far below their peaks?
The memory maker has strung together two straight triple-digit years just once before. What came next?
Soaring demand for memory and storage devices has created a supply shortage, giving Micron huge pricing power.
Showing 1–10 of 50
Page 1 of 5
Earnings History
16 of 24 under expected move
Avg Expected Move
8.43%
Avg Actual Move
6.51%
| Earnings Date | Timing | Expected Move | Actual Move | Ratio | Outcome |
|---|---|---|---|---|---|
| 2021-01-07 | After-Close | 6.17% | 2.14% | 0.35x | Within |
| 2021-03-31 | After-Close | 4.82% | 4.76% | 0.99x | Within |
| 2021-06-30 | After-Close | 5.30% | 5.73% | 1.08x | Exceeded |
| 2021-09-28 | After-Close | 6.14% | 2.00% | 0.33x | Within |
| 2021-12-20 | After-Close | 8.53% | 10.54% | 1.24x | Exceeded |
| 2022-03-29 | After-Close | 7.74% | 3.52% | 0.45x | Within |
| 2022-06-30 | After-Close | 7.45% | 2.95% | 0.40x | Within |
| 2022-09-29 | After-Close | 6.04% | 0.18% | 0.03x | Within |
| 2022-12-21 | After-Close | 5.78% | 3.44% | 0.60x | Within |
| 2023-03-28 | After-Close | 6.26% | 7.19% | 1.15x | Exceeded |
| 2023-06-28 | After-Close | 6.31% | 4.09% | 0.65x | Within |
| 2023-09-27 | After-Close | 5.37% | 4.41% | 0.82x | Within |
| 2023-12-20 | After-Close | 5.85% | 8.63% | 1.48x | Exceeded |
| 2024-03-20 | After-Close | 10.18% | 14.13% | 1.39x | Exceeded |
| 2024-06-26 | After-Close | 12.35% | 7.12% | 0.58x | Within |
| 2024-09-25 | After-Close | 16.05% | 14.73% | 0.92x | Within |
| 2024-12-18 | After-Close | 14.28% | 16.18% | 1.13x | Exceeded |
| 2025-03-20 | After-Close | 9.83% | 8.04% | 0.82x | Within |
| 2025-06-25 | After-Close | 10.20% | 0.98% | 0.10x | Within |
| 2025-09-23 | After-Close | 11.10% | 2.82% | 0.25x | Within |
| 2025-12-17 | After-Close | 10.04% | 10.21% | 1.02x | Exceeded |
| 2026-03-18 | After-Close | 7.93% | 3.78% | 0.48x | Within |
| 2026-06-24 | After-Close | 11.18% | 15.74% | 1.41x | Exceeded |
| 2026-09-30 | After-Close | 7.44% | 3.03% | 0.41x | Within |
Earnings calendar: this week’s reports with expected vs actual moves →
MU Options Activity & IV Rank
MU IV rank history, 52-week IV rank and IV percentile →
Volatility Metrics
Current IV: 52.0%
7-DTE IV: 53.4%
Expected Move: $108.28
7-DTE Move: $54.83
Days to Exp: 30 (2026-11-20)
Options Flow
Call Volume: 8,369
Put Volume: 8,562
P/C Volume: 1.023
NEUTRAL
Call OI: 184,204
Put OI: 178,150
P/C OI: 0.967
Total OI: 362,354
ATM Options Pricing
ATM Call: $55.55
ATM Put: $52.73
Call %: 6.1%
Put %: 5.8%
Chain Summary
Chain Volume: 475,671
Chain OI: 3,387,876
Last Updated: 10/21/2026
Spread Scanner GPU
Each spread is ranked by a composite score built in three stages. Full documentation →
Stage 1 — Base Score (GPU scanner)
score = P(profit) × (credit / spread_width)
P(profit) from short leg delta (1 − |delta|), penalised above 85%. Credit uses mid-price to handle illiquid chains fairly.
Stage 2 — Skew Adjustment (±25% cap)
RR and BF (30-delta) from the persisted per-symbol skew snapshot — wing strikes picked by real greeks.delta, not a moneyness proxy. Put skew boosts bull puts, penalises bear calls. High butterfly boosts iron condors. Calendars are skew-neutral.
Stage 3 — Technical Overlay (±50% cap, 5 groups)
Group 1 · Directional Bias (±0.25)
- RSI <40 bullish / >60 bearish
- MACD crossover + histogram trend
- Price vs SMA 50 & SMA 200
Group 2 · Momentum (±0.10)
- Stochastic %K <20 / >80
- Williams %R <−80 / >−20
Group 3 · Volatility (up to −0.25 / +0.15)
- Blended ATR + straddle expected-move penalty
- Bollinger Band signal (+ counter-trend penalty)
- BB width — vol contraction boost for ICs
Group 4 · IV Regime (±0.15)
- IV rank ≥ 75 → strong boost for credit spreads
- IV rank < 25 → penalty (selling cheap vol)
Group 5 · Liquidity (penalty up to −0.10)
- Min open interest across all legs
- OI < 100 → −0.10 · OI < 500 → −0.05
score = base_score × skew_multiplier × tech_multiplier
Both multipliers are shown per spread. Beta is informational only — ATR already captures realized vol. Full algorithm documentation →
Enter a ticker to scan for optimal spread opportunities.
Evaluates all bull put, bear call, iron condor, and calendar spread combinations using GPU-accelerated analysis.
Dealer Positioning
LOW γ vs HISTORY
Estimated net dealer gamma is at the 6th percentile of this name's own daily history, near the low end of its range. This describes current positioning; it is not a forecast or a trading signal.
Gamma percentile
6%
vs own history
GEX tilt
-0.09
OI-weighted, today
Vanna tilt
+0.38
δ-sensitivity to IV
Charm tilt
-0.48
δ-decay vs time
Vanna tilt +0.38: the estimated dealer exposure leans positive, so the modeled hedge would shift noticeably if implied volatility changed.
Charm tilt -0.48: the estimated dealer exposure leans negative, so the modeled hedge would shift noticeably as time passes and options approach expiry.
? What is this?
· 933 ATM contracts, 604k total OI
Net dealer gamma is an estimate of the aggregate gamma held by options market makers across this name's option chain, weighted by open interest. Dealer positions aren't public, so it uses a standard simplifying assumption: dealers are treated as long the calls and short the puts that are open. Actual dealer books can differ.
Gamma percentile ranks today's estimate against this name's own daily history, from 0% (the lowest reading on record) to 100% (the highest). Raw gamma scales with how much open interest a chain carries, so it isn't comparable across names; the percentile is. The badge marks the bottom 20% as low and the top 20% as high.
Tilts run from −1 to +1 and show how lopsided the estimated dealer exposure is. GEX tilt compares call gamma with put gamma. Vanna tilt describes how the hedge would shift if implied volatility changed, and charm tilt how it would shift with the passage of time.
This card describes estimated positioning and where it sits historically. It is not a forecast of price direction or volatility and not a trading signal. Market-wide view: Dealer positioning screener.
Skew (Wing IV − ATM IV)
DTE:
Wing Δ:
Wing vs ATM
IV(put wing) − IV(ATM), in vol pointsHow much the OTM put trades above (or below) the at-the-money strike. Measures the height of the put-side tail relative to ATM — i.e. how expensive crash insurance is on this name.
- Positive (typical) — wing IV > ATM IV. Standard equity put skew: portfolios bid up crash protection, so OTM puts trade richer than ATM.
- Near zero or negative (unusual) — wing IV ≤ ATM IV. Flat or inverted put side. Common when there's no fear demand, in tightly mean-reverting names, or right after an earnings catalyst clears.
- Percentile vs own 3-yr history: high = wings rich (good time to sell wing premium); low = wings cheap (good time to buy protection).
- Not directional — high or low wings don't predict up or down moves. It's a price tag on tail insurance, not a forecast.
Risk Reversal
IV(call wing) − IV(put wing), equal delta on each sideWhich side of the smile is the market paying up for? Measures the tilt of the surface — call skew vs put skew at matched deltas.
- Negative (typical) — puts richer than calls. Standard equity behavior: hedging demand makes puts carry a premium. Most large-caps sit in the −1 to −5 vol-point range.
- Strongly negative (< −5 pts) — heavy downside hedging, elevated fear, or an upcoming catalyst (earnings, FDA, macro event). Worth flagging.
- Positive — calls richer than puts. Unusual for equities; signals bullish momentum, short-squeeze positioning, or takeover/M&A speculation.
- Near zero — symmetric surface. Market sees roughly equal up/down risk. Rare for large-caps; more common in commodities and FX.
Reading them together
Wing-vs-ATM tells you how expensive the tails are. Risk Reversal tells you which side is favored. Combined:
- High wing percentile + deeply negative RR → strong put bid; stress or major event priced in. Owning protection costs a premium; selling put premium is dangerous.
- Low wing percentile + near-zero RR → complacency; insurance cheap and balanced. Good environment to add cheap downside hedges.
- Positive RR + elevated wings → call-side fear-of-missing-out; common in squeeze setups. Upside calls expensive, downside puts not bid.
14 DTE / 10d
57%
+5.4
pts
EXTREME
ATM 52.4% / Wing 57.8%
30 DTE / 10d
48%
+4.5
pts
EXTREME
ATM 52.0% / Wing 56.5%
Extreme reading.
Historically these have been contrarian — on the small set of observed earnings-day cases, large negative wing-vs-ATM gaps (calls pricing much richer than puts at the same delta) preceded sharp drops in the underlying within 1-12 days. Not financial advice and the dataset is small.
Percentile is the rank of today's reading within ~3 years of this symbol's own history. High percentile = wings are rich relative to history; not a directional signal. Skew is read off the chain in real time, not from CBOE SKEW.
Volatility Surface
Enter a ticker to render the implied volatility surface.
Volatility Smile
Enter a ticker to render the implied volatility smile.
IV Rank (7 DTE)13.7LowOct 21
IV Rank (30 DTE)11.0LowOct 21
Straddle Price (30 DTE)$108.28Oct 21
Beta Analysis
Risk Metrics
Beta: 3.3441
Alpha: 135.14%
Correlation: 0.5231
R-Squared: 27.4%
Stock Volatility: 81.1%
Market Volatility: 12.7%
Analysis Details
Benchmark: SPY
Data Points: 251
Period: 252 trading days
Data Points: 251
Period: 252 trading days
Interpretation:
High volatility - stock moves more than market
High volatility - stock moves more than market
Beta & Alpha Over Time
Notable investors who own MU
9 of 37 tracked investors
| Investor | Value | Share of their portfolio | Rank | Q/Q shares | Source |
|---|---|---|---|---|---|
| Coatue Management Hedge fund Philippe Laffont | $3.63B | #3 of 66 | +1793.7% | 13F | |
| Appaloosa Hedge fund David Tepper | $1.13B | #2 of 25 | -41.4% | 13F | |
| Citadel Hedge fund Ken Griffin | $693.2M | #24 of 6285 | -86.9% | 13F | |
| Millennium Management Hedge fund Izzy Englander | $596.9M | #23 of 3716 | -67.8% | 13F | |
| Rockefeller Capital Management Family office Rockefeller family | $416.5M | #23 of 4729 | +13.4% | 13F | |
| Point72 Hedge fund Steve Cohen | $359.8M | #23 of 1945 | -45.1% | 13F | |
| Renaissance Technologies Hedge fund Jim Simons | $244.2M | #43 of 3138 | -90.2% | 13F | |
| Bridgewater Associates Hedge fund Ray Dalio | $134.7M | #20 of 997 | -92.1% | 13F | |
| Soros Fund Management Family office George Soros, Robert Soros, Jonathan Soros | $25.9M | #86 of 251 | +694.0% | 13F |
Hedge funds, activists, holding companies and family offices we track, from their latest 13F (quarter-end value) and Form 4 filings in the last 3 years. Family offices · all institutions
MU Institutional Ownership (13F)
Latest filings — 2026-09-30
? 13F Guide
Diluted shares outstanding: 1,143,000,000 (as of 2026-09-03)
Institutional managers with $100M+ AUM file Form 13F-HR quarterly, due 45 days after quarter end. Holdings are reported gross at quarter-end market value — they are a snapshot, not a real-time position.
- Shares — long equity positions in this name, aggregated across share classes.
- Calls / Puts — notional value of long call / put exposure where this ticker is the underlying.
- % of Float — holder's reported shares divided by the latest diluted shares outstanding. Sums above 100% indicate large custodian / prime broker positions where the same shares are reported by multiple filers.
- Custodian badge — filers with more than 5,000 holdings are typically broker-dealers / custodians reporting customer-held shares, not active managers.
Each filer is counted once at its latest 13F-HR filing. New filings are ingested on a weekly cadence.
170 filers$141.74B notional
| # | Filer | Notional Value | % of Total | Period |
|---|---|---|---|---|
| 1 | Susquehanna International Group, LLP Custodian | $37.37B | 26.37% | 2026-06-30 |
| 2 | Jane Street Group, LLC Custodian | $18.91B | 13.34% | 2026-06-30 |
| 3 | CTC LLC | $17.84B | 12.58% | 2026-06-30 |
| 4 | Citadel Advisors LLC Custodian | $16.34B | 11.53% | 2026-06-30 |
| 5 | IMC-Chicago, LLC Custodian | $11.81B | 8.33% | 2026-06-30 |
| 6 | Optiver Holding B.V. | $11.07B | 7.81% | 2026-06-30 |
| 7 | UBS Group AG Custodian | $4.87B | 3.43% | 2026-06-30 |
| 8 | Simplex Trading, LLC Custodian | $2.20B | 1.55% | 2026-06-30 |
| 9 | NOMURA HOLDINGS INC | $1.99B | 1.40% | 2026-06-30 |
| 10 | GROUP ONE TRADING LLC Custodian | $1.98B | 1.40% | 2026-06-30 |
| 11 | Belvedere Trading LLC | $1.58B | 1.12% | 2026-06-30 |
| 12 | Goldman Sachs Group Inc Custodian | $1.28B | 0.90% | 2026-06-30 |
| 13 | Value Aligned Research Advisors, LLC | $1.16B | 0.82% | 2026-06-30 |
| 14 | Millennium Management LLC Custodian | $1.14B | 0.81% | 2026-06-30 |
| 15 | Walleye Trading LLC | $1.09B | 0.77% | 2026-06-30 |
| 16 | PEAK6 LLC | $982.88M | 0.69% | 2026-06-30 |
| 17 | D. E. Shaw & Co., Inc. Custodian | $980.68M | 0.69% | 2026-06-30 |
| 18 | JPMorgan Chase & Co Custodian | $888.16M | 0.63% | 2026-06-30 |
| 19 | National Bank of Canada Custodian | $681.03M | 0.48% | 2026-06-30 |
| 20 | SIH Partners, LLLP | $519.43M | 0.37% | 2026-06-30 |
| 21 | Proem Advisors LLC | $461.72M | 0.33% | 2026-06-30 |
| 22 | Situational Awareness Partners LP | $422.30M | 0.30% | 2026-03-31 |
| 23 | BNP Paribas Financial Markets Custodian | $363.49M | 0.26% | 2026-06-30 |
| 24 | Wolverine Trading, LLC Custodian | $331.93M | 0.23% | 2025-09-30 |
| 25 | Barclays PLC Custodian | $321.01M | 0.23% | 2026-06-30 |
148 filers$220.99B notional
| # | Filer | Notional Value | % of Total | Period |
|---|---|---|---|---|
| 1 | Jane Street Group, LLC Custodian | $42.04B | 19.02% | 2026-06-30 |
| 2 | Susquehanna International Group, LLP Custodian | $33.40B | 15.11% | 2026-06-30 |
| 3 | Citadel Advisors LLC Custodian | $22.25B | 10.07% | 2026-06-30 |
| 4 | NOMURA HOLDINGS INC | $19.78B | 8.95% | 2026-06-30 |
| 5 | IMC-Chicago, LLC Custodian | $14.52B | 6.57% | 2026-06-30 |
| 6 | CTC LLC | $13.91B | 6.29% | 2026-06-30 |
| 7 | Goldman Sachs Group Inc Custodian | $12.22B | 5.53% | 2026-06-30 |
| 8 | Optiver Holding B.V. | $8.69B | 3.93% | 2026-06-30 |
| 9 | SIH Partners, LLLP | $7.30B | 3.30% | 2026-06-30 |
| 10 | BNP Paribas Financial Markets Custodian | $5.16B | 2.33% | 2026-06-30 |
| 11 | Barclays PLC Custodian | $4.38B | 1.98% | 2026-06-30 |
| 12 | Simplex Trading, LLC Custodian | $3.63B | 1.64% | 2026-06-30 |
| 13 | Millennium Management LLC Custodian | $3.26B | 1.48% | 2026-06-30 |
| 14 | Citigroup Inc. Custodian | $2.86B | 1.30% | 2026-06-30 |
| 15 | GROUP ONE TRADING LLC Custodian | $2.39B | 1.08% | 2026-06-30 |
| 16 | UBS Group AG Custodian | $2.23B | 1.01% | 2026-06-30 |
| 17 | National Bank of Canada Custodian | $1.75B | 0.79% | 2026-06-30 |
| 18 | HSBC Holdings plc Custodian | $1.75B | 0.79% | 2026-06-30 |
| 19 | PEAK6 LLC | $1.22B | 0.55% | 2026-06-30 |
| 20 | Belvedere Trading LLC | $1.22B | 0.55% | 2026-06-30 |
| 21 | D. E. Shaw & Co., Inc. Custodian | $1.21B | 0.55% | 2026-06-30 |
| 22 | ADAPT Investment Managers SA | $1.21B | 0.55% | 2026-06-30 |
| 23 | Walleye Trading LLC | $1.11B | 0.50% | 2026-06-30 |
| 24 | Capital Markets Trading UK LLP | $1.00B | 0.45% | 2026-06-30 |
| 25 | JPMorgan Chase & Co Custodian | $985.40M | 0.45% | 2026-06-30 |
MU Insider Trading (Form 4)
Latest: 2026-10-20Form 4 filings — insider beneficial-ownership changes by officers, directors, and 10%+ holders. Filed within 2 business days of transaction.
| Filed | Reporter | Role | Action | Shares | Avg Price | Net $ | Link |
|---|---|---|---|---|---|---|---|
| 2026-10-20 | Scott J Deboer | Pres. & Chief Tech & Prod Offr | Sell (S) | −28,544 | $900.00 | -$25.69M | EDGAR |
| 2026-10-15 | MaryAnn Wright | Director | Award (A) | — | — | EDGAR | |
| 2026-10-15 | Anna C Simons | Director | Award (A) | +304 | — | EDGAR | |
| 2026-10-15 | Alexis Bjorlin | Director | Award (A) | +304 | — | EDGAR | |
| 2026-10-15 | Robert Holmes Swan | Director | Award (A) | — | — | EDGAR | |
| 2026-10-15 | Lynn A Dugle | Director | Award (A) | — | — | EDGAR | |
| 2026-10-15 | Steven J Gomo | Director | Award (A) | +304 | — | EDGAR | |
| 2026-10-15 | Linnie M Haynesworth | Director | Award (A) | — | — | EDGAR | |
| 2026-10-15 | Michael Charles Ray | SVP, Chief Legal Officer | Sell (S) | −40 | $947.29 | -$37.9K | EDGAR |
| 2026-10-15 | Sanjay Mehrotra | President and CEO | Mixed | +90,643 | $989.04 | -$164.43M | EDGAR |
| 2026-10-15 | Teyin M Liu | Director | Award (A) | +304 | — | EDGAR | |
| 2026-10-15 | Manish H Bhatia | President and COO | Mixed | +19,720 | $989.04 | -$58.44M | EDGAR |
| 2026-10-15 | April S Arnzen | EVP and Chief People Officer | Mixed | +12,215 | $989.04 | -$28.57M | EDGAR |
| 2026-10-15 | Scott R. Allen | CVP, Chief Accounting Officer | Mixed | −5,171 | $979.34 | -$6.06M | EDGAR |
| 2026-10-15 | Mark J. Murphy | EVP & Chief Financial Officer | Mixed | +21,615 | $989.04 | -$49.79M | EDGAR |
Codes: P = open-market purchase · S = open-market sale · A = grant/award · M = option exercise · F = tax withholding at vest · G = bona-fide gift · D = disposition to issuer · J = other (described in filing footnote — typically 401(k), trust, inheritance) · W = will/inheritance. Only P / S codes carry directional signal.
MU Insider Holdings
20 insiders · @ $909.28
Officers, directors, and 10%+ owners who have filed a Form 4 in the past two years, ranked by current disclosed exposure (shares × today's price). Shares are direct + indirect (via trusts / LLCs / spouse). Excludes unvested RSU and option grants — those aren't beneficially owned until vest.
| # | Insider | Role | Shares | Disclosed Exposure | Lifetime OM Net | Filings | Last Filed |
|---|---|---|---|---|---|---|---|
| 1 | Sanjay Mehrotra | President and CEO | 931,432 | $846.93M | -$260.00M | 95 | 2026-10-15 |
| 2 | Manish H Bhatia | President and COO | 322,998 | $293.70M | -$47.97M | 29 | 2026-10-15 |
| 3 | Mark J. Murphy | EVP & Chief Financial Officer | 240,524 | $218.70M | -$32.11M | 19 | 2026-10-15 |
| 4 | Sumit Sadana | EVP and Chief Business Officer | 209,021 | $190.06M | -$76.87M | 36 | 2026-08-20 |
| 5 | Michael W Bokan | SVP, Worldwide Sales | 195,023 | $177.33M | -$14.15M | 31 | 2025-01-17 |
| 6 | Scott J Deboer | Pres. & Chief Tech & Prod Offr | 175,975 | $160.01M | -$77.82M | 89 | 2026-10-15 |
| 7 | April S Arnzen | EVP and Chief People Officer | 98,199 | $89.29M | -$82.25M | 89 | 2026-10-15 |
| 8 | Richard M Beyer | Director | 97,408 | $88.57M | -$1.10M | 16 | 2025-10-15 |
| 9 | Michael Charles Ray | SVP, Chief Legal Officer | 61,288 | $55.73M | -$17.02M | 12 | 2026-10-15 |
| 10 | Michael D Cordano | EVP, Worldwide Sales | 48,377 | $43.99M | -$2.92M | 5 | 2026-10-15 |
Lifetime OM Net = signed sum of open-market buys (P) and sells (S) over their career; excludes grants, tax withholdings, and dispositions to issuer. A large negative number is normal for long-tenured executives — they've sold compensation grants over many years.
MU Proposed Insider Sales (Form 144)
Latest: 2026-10-15
? Form 144 Guide
Last 30d:
2 filings
· $32.1M notice value
· Last 90d:
6 filings
· $123.9M notice value
· 5 unique filers
· 67% under 10b5-1 plans
What is Form 144? A notice of intent to sell restricted or control stock under Rule 144. Affiliates (officers, directors, 10%+ owners) and holders of restricted shares must file Form 144 when planning to sell more than 5,000 shares or $50,000 in any 3-month rolling window.
How it relates to Form 4: Form 144 is filed before the trade (up to 90 days in advance); Form 4 is filed within 2 business days after the trade executes. Not every Form 144 results in a sale — the filer may cancel or delay. Look for the corresponding Form 4 on the Insider Activity card to confirm a sale actually happened.
10b5-1 plans: Trades made under a pre-scheduled Rule 10b5-1 plan are not discretionary — they execute automatically on dates set months earlier, regardless of news. High 10b5-1 percentages mean less per-filing signal value, though cumulative selling volume still matters.
"Notice value": Aggregate market value the filer wrote into the Form 144 — i.e. the size of the planned sale, not necessarily the executed dollars. An amended notice (Form 144/A) replaces the original it amends, and cancelled notices are dropped, so neither is double-counted above. A filed value that is clearly inconsistent with the share count at the stock's price (a filer typo) shows as a dash and is left out of the totals.
Source & freshness: Sourced from public Form 144 filings. Refreshed daily; new filings typically appear here the morning after they are filed.
Top 90-day filers:
MEHROTRA SANJAY (2, $76.9M) · Deboer Scott J (1, $26.1M) · SUMIT SADANA (1, $14.0M) · MICHAEL RAY (1, $6.0M) · SCOTT ALLEN (1, $879K)
| Filed | Filer | Role | Shares | Notice Value | Planned Sale | Broker | Plan | Link |
|---|---|---|---|---|---|---|---|---|
| 2026-10-15 | Deboer Scott J | Officer | 28,545 | $26.05M | 2026-10-16 | Commonwealth Financial Network | 10b5-1 | EDGAR |
| 2026-10-14 | MICHAEL RAY | Officer | 6,328 | $6.03M | 2026-10-14 | Morgan Stanley Smith Barney LLC … | 10b5-1 | EDGAR |
| 2026-08-21 | MEHROTRA SANJAY | Officer, Director | 40,000 | $39.59M | 2026-08-21 | UBS Financial Services Inc. | 10b5-1 | EDGAR |
| 2026-08-18 | SUMIT SADANA | Officer | 15,000 | $14.01M | 2026-08-18 | Morgan Stanley Smith Barney LLC … | — | EDGAR |
| 2026-07-24 | MEHROTRA SANJAY | Officer, Director | 40,000 | $37.29M | 2026-07-24 | UBS Financial Services Inc. | 10b5-1 | EDGAR |
| 2026-07-23 | SCOTT ALLEN | Officer | 879 | $879.0K | 2026-07-23 | Morgan Stanley Smith Barney LLC … | — | EDGAR |
| 2026-07-01 | April S. Arnzen | Officer | 40,000 | $43.35M | 2026-07-01 | Merrill Lynch, Pierce, Fenner & … | 10b5-1 | EDGAR |
| 2026-06-30 | Lynn A. Dugle | Director | 1,300 | $1.50M | 2026-06-30 | Goldman Sachs & Co. LLC | — | EDGAR |
| 2026-06-26 | MEHROTRA SANJAY | Officer, Director | 40,000 | $46.34M | 2026-06-26 | UBS Financial Services Inc. | 10b5-1 | EDGAR |
| 2026-05-29 | MEHROTRA SANJAY | Officer, Director | 40,000 | $38.45M | 2026-05-29 | UBS Financial Services Inc. | 10b5-1 | EDGAR |
Notice value is the aggregate market value the filer states they intend to sell — not a confirmed transaction. Compare to Insider Activity (Form 4) to see which planned sales actually executed. Market-wide feed: Planned sales (Form 144).
Recent SEC Filings
Latest: 2026-04-01
Current reports — material events the company must disclose within 4 business days (earnings releases, M&A, executive changes, etc.).
| Filing Date | Accession | Link |
|---|---|---|
| 2026-04-01 | 0001104659-26-038249 | EDGAR |
| 2026-03-25 | 0001104659-26-034174 | EDGAR |
| 2026-03-18 | 0000723125-26-000004 | EDGAR |
| 2026-01-21 | 0001104659-26-005366 | EDGAR |
| 2025-12-17 | 0000723125-25-000044 | EDGAR |
| 2025-10-21 | 0001104659-25-101237 | EDGAR |
| 2025-09-23 | 0000723125-25-000024 | EDGAR |
| 2025-08-11 | 0001104659-25-075940 | EDGAR |
| 2025-07-18 | 0001104659-25-069019 | EDGAR |
| 2025-06-25 | 0000723125-25-000019 | EDGAR |
Annual report — audited financial statements, MD&A, risk factors. Filed 60–90 days after fiscal year-end.
| Filing Date | Accession | Link |
|---|---|---|
| 2025-10-03 | 0000723125-25-000028 | EDGAR |
| 2024-10-04 | 0000723125-24-000027 | EDGAR |
| 2023-10-06 | 0000723125-23-000054 | EDGAR |
| 2022-10-07 | 0000723125-22-000048 | EDGAR |
| 2021-10-08 | 0000723125-21-000065 | EDGAR |
| 2020-10-19 | 0000723125-20-000082 | EDGAR |
| 2019-10-17 | 0000723125-19-000094 | EDGAR |
| 2018-10-15 | 0000723125-18-000092 | EDGAR |
| 2017-10-26 | 0000723125-17-000131 | EDGAR |
Quarterly report — unaudited financials and MD&A. Filed 40–45 days after each of the first three fiscal quarters.
| Filing Date | Accession | Link |
|---|---|---|
| 2026-03-19 | 0000723125-26-000006 | EDGAR |
| 2025-12-18 | 0000723125-25-000046 | EDGAR |
| 2025-06-26 | 0000723125-25-000021 | EDGAR |
| 2025-03-21 | 0000723125-25-000009 | EDGAR |
| 2024-12-19 | 0000723125-24-000047 | EDGAR |
| 2024-06-27 | 0000723125-24-000019 | EDGAR |
| 2024-03-21 | 0000723125-24-000007 | EDGAR |
| 2023-12-21 | 0000723125-23-000077 | EDGAR |
| 2023-06-29 | 0000723125-23-000041 | EDGAR |
| 2023-03-29 | 0000723125-23-000022 | EDGAR |
ETF Holders
616 ETFs hold MU
25 shown · $177.88B total exposure · 2.09% AUM-weighted avg weight
| # | ETF | Provider | Weight | $ Exposure | ETF AUM | As Of |
|---|---|---|---|---|---|---|
| 1 | VTI Vanguard Morningstar Total Stock Market ETF | Vanguard | 1.64% | $38.2B | — | 2026-09-30 |
| 2 | VOO Vanguard S&P 500 ETF | Vanguard | 1.83% | $31.6B | — | 2026-09-30 |
| 3 | QQQ Invesco QQQ Trust, Series 1 | Invesco | 4.41% | $21.5B | — | 2026-10-19 |
| 4 | IVV iShares Core S&P 500 ETF | iShares (BlackRock) | 1.54% | $13.6B | $885.8B | 2026-10-19 |
| 5 | SPY State Street® SPDR® S&P 500® ETF Trust | SPDR (State Street) | 1.54% | $12.6B | $816.6B | 2026-10-19 |
| 6 | VTV Vanguard Morningstar Value ETF | Vanguard | 4.57% | $11.5B | — | 2026-09-30 |
| 7 | VGT Vanguard Information Technology ETF | Vanguard | 4.46% | $7.9B | — | 2026-09-30 |
| 8 | XLK State Street® Technology Select Sector SPDR® ETF | SPDR (State Street) | 3.99% | $4.9B | $122.2B | 2026-10-19 |
| 9 | QQQM Invesco NASDAQ 100 ETF | Invesco | 4.41% | $4.8B | — | 2026-10-19 |
| 10 | IWF iShares Russell 1000 Growth ETF | iShares (BlackRock) | 3.06% | $3.8B | $125.0B | 2026-10-19 |
| 11 | SOXX iShares Semiconductor ETF | iShares (BlackRock) | 7.64% | $3.2B | $42.0B | 2026-10-19 |
| 12 | SMH VanEck Semiconductor ETF | VanEck | 4.63% | $3.1B | $66.7B | 2026-10-19 |
| 13 | SPYM State Street® SPDR® Portfolio S&P 500® ETF | SPDR (State Street) | 1.54% | $2.8B | $182.9B | 2026-10-19 |
| 14 | IVW iShares S&P 500 Growth ETF | iShares (BlackRock) | 2.81% | $2.2B | $77.4B | 2026-10-19 |
| 15 | VONG Vanguard Russell 1000 Growth ETF | Vanguard | 3.53% | $2.0B | — | 2026-09-30 |
| 16 | SPMO Invesco S&P 500 Momentum ETF | Invesco | 8.62% | $1.9B | — | 2026-10-19 |
| 17 | VLUE iShares MSCI USA Value Factor ETF | iShares (BlackRock) | 20.83% | $1.9B | $9.1B | 2026-10-19 |
| 18 | JEPQ JPMorgan Nasdaq Equity Premium Income ETF | JPMorgan | 4.24% | $1.9B | $43.8B | 2026-10-20 |
| 19 | SPYG State Street® SPDR® Portfolio S&P 500® Growth ETF | SPDR (State Street) | 2.81% | $1.6B | $56.1B | 2026-10-19 |
| 20 | VV Vanguard Morningstar Large-Cap ETF | Vanguard | 1.87% | $1.4B | — | 2026-09-30 |
| 21 | ITOT iShares Core S&P Total U.S. Stock Market ETF | iShares (BlackRock) | 1.38% | $1.3B | $96.7B | 2026-10-19 |
| 22 | SCHX Schwab U.S. Large-Cap ETF | Nport | 1.60% | $1.2B | — | 2026-05-31 |
| 23 | SOXL Direxion Daily Semiconductor Bull 3X ETF | Direxion | 5.17% | $1.1B | — | 2026-10-20 |
| 24 | VT Vanguard Total World Stock ETF | Vanguard | 1.02% | $1.0B | — | 2026-09-30 |
| 25 | DFAC Dimensional US Core Equity 2 ETF | Dimensional | 1.12% | $978.9M | — | 2026-10-19 |
Fundamentals
Quarterly filings sourced from SEC 10-Q / 10-K reports. TTM tiles aggregate the most recent four quarters; bars show the last ~12 quarters oldest → newest.
Metrics
- Revenue — top-line sales. Look for consistent YoY growth; seasonal businesses need same-quarter comparisons (Q4 '24 vs Q4 '23).
- Net Income — bottom-line profit after all expenses. Can be volatile from one-time items; red bars = net loss.
- Diluted EPS — net income per share assuming options/converts are exercised. Direct input to the P/E ratio.
- Operating Cash Flow — cash generated from core operations, before capex and financing. Harder to manipulate than net income; growing OCF is a quality signal.
How to read the bars
- Sequential growth — quarter-over-quarter trend. Accelerating bars are a momentum signal.
- YoY growth — compare to the same quarter a year earlier to remove seasonality.
- Quality — OCF should roughly track Net Income over time. Large divergence (net income ≫ OCF) flags accruals risk.
- Margins — scan the bar ratios: Net Income / Revenue tells you margin trend without needing a separate chart.
TTM (trailing-twelve-month) smooths seasonality and is used for the P/E calculation. Filings appear 30–90 days after the period closes.
Trailing P/E
12.25
TTM Diluted EPS
$74.21
TTM Revenue
$133.19B
TTM Net Income
$84.97B
TTM Op. Cash Flow
$89.67B
Quarterly figures (12 quarters)
| Quarter | Period End | Revenue | Net Income | Diluted EPS | Op. Cash Flow |
|---|---|---|---|---|---|
| Q4 '26 | 2026-09-03 | $54.23B | $37.70B | $32.87 | $43.97B |
| Q2 '26 | 2026-02-26 | $23.86B | $13.79B | $12.07 | $11.90B |
| Q1 '26 | 2025-11-27 | $13.64B | $5.24B | $4.60 | $8.41B |
| Q4 '25 | 2025-08-28 | $11.31B | $3.20B | $2.83 | $5.73B |
| Q3 '25 | 2025-05-29 | $9.30B | $1.89B | $1.68 | $4.61B |
| Q2 '25 | 2025-02-27 | $8.05B | $1.58B | $1.41 | $3.94B |
| Q1 '25 | 2024-11-28 | $8.71B | $1.87B | $1.67 | $3.24B |
| Q4 '24 | 2024-08-29 | $7.75B | $887.00M | $0.78 | $3.40B |
| Q3 '24 | 2024-05-30 | $6.81B | $332.00M | $0.30 | $2.48B |
| Q2 '24 | 2024-02-29 | $5.82B | $793.00M | $0.71 | $1.22B |
| Q1 '24 | 2023-11-30 | $4.73B | $-1.23B | $-1.12 | $1.40B |
| Q4 '23 | 2023-08-31 | $4.01B | $-1.43B | $-1.31 | $249.00M |
Q4 2026 • period ending 2026-09-03 • filed 2026-10-09
Valuation
Ratios derived from TTM financials and the current market price, sampled daily. History chart shows how expensive the stock is today relative to its own recent past.
Price Multiples
- P/E — price / TTM earnings. Rough market rule: 10–15 value, 15–25 market, >30 growth/premium. Negative when earnings are negative.
- P/B — price / book value. Useful for financials and asset-heavy names; meaningless for asset-light software.
- P/S — price / TTM revenue. Useful when earnings are negative or noisy (early-stage growth).
- EV/EBITDA — capital-structure-neutral. <10 cheap, 10–15 reasonable, >20 rich. Good for comparing across leverage profiles.
- EV/Sales — like P/S but accounts for debt + cash. Compare within sector.
Profitability & Yields
- ROE — return on equity. >15% strong, >25% exceptional. Caution: high leverage inflates ROE.
- ROA — return on assets. Leverage-neutral; >5% solid, >10% exceptional.
- Div Yield — annual dividend / price. Compare to 10Y Treasury; sustained yield >6% often signals distress.
- FCF Yield — free cash flow / market cap. >5% is attractive; negative means burning cash.
Balance Sheet
- Debt/Equity — leverage. <1 conservative, >2 aggressive. Sector-dependent (utilities naturally high, tech low).
- Current Ratio — short-term liquidity. >1.5 comfortable, <1 raises short-term solvency flags.
Reading the history chart
- Compare current level to the 3-year band: near the high end = relatively expensive; near the low = relatively cheap.
- Multiples expanding while earnings are flat = sentiment-driven rally.
- Multiples compressing while earnings grow = value coming from fundamentals.
P/E
12.25
P/B
7.51
P/S
7.80
EV/EBITDA
9.24
EV/Sales
7.55
ROE
61.4%
ROA
43.4%
Div Yield
0.06%
FCF Yield
8.63%
Debt/Equity
0.03
Current Ratio
—
Market Cap
$1.04T
as of 2026-10-21
Short Interest & Float
Regulatory short-interest reports publish on a bi-weekly settlement cadence; short-volume is reported daily by the trade-reporting facilities. Float is derived from insider-ownership filings.
Metric definitions
- Short Interest — total shares currently sold short as of the settlement date. Lags real time by ~8 business days.
- SI % of Float — short interest / free float. The key crowding metric.
- Days to Cover — short interest / avg daily volume. How many full trading days it would take shorts to buy back. High DTC + catalyst = squeeze fuel.
- Short Vol Ratio — today's short-sale volume / total volume. Intraday selling pressure proxy (not the same as short interest).
- Free Float — shares available for public trading (total shares minus insider / restricted).
- Float % — free float / shares outstanding. <50% = tightly held, more prone to squeezes.
How to read the signals
- SI % of Float < 5% — typical, no particular signal.
- 5–15% — elevated; watch for catalysts (earnings, guidance, macro).
- 15–30% — heavily shorted; tight-float names in this range have produced notable squeezes historically.
- >30% — extreme; borrow is likely expensive and squeeze risk is material.
- Days to Cover > 5 combined with high SI% amplifies squeeze potential.
History chart
- Trend matters more than level. Rapidly rising short interest often precedes negative catalysts or heavy hedging.
- A sudden drop in SI after a rally may indicate a squeeze in progress.
Short interest is reported mid-month and end-of-month; short volume is daily.
Short Interest
26.02M
SI % of Float
2.42%
Days to Cover
1.06
Short Vol Ratio
29.7%
Free Float
1.08B
Float %
95.3%
Short interest 2026-09-30 • Short volume 2026-10-20 • Float 2026-09-22