$MU â ONE OF THESE GUYS IS ABOUT TO LOOK VERY RIGHT. đ
Michael Burry has been short Micron since July, betting the AI-memory boom is getting too stretched.
Meanwhile, a mystery trader just dropped about $44M on MU calls expiring Oct. 2, alongside huge bullish bets on $SNDK.US , $INTC.US and $MRVL. Jim Cramer suggested the flow could be tied to Leopold
Aschenbrenner, but the buyer has not been confirmed.
My read for the next move:
If MU holds momentum into Oct. 2, the call flow could fuel another squeeze higher.
If it loses support, Burryâs short suddenly looks a lot smarter.
This is turning into a clean bull vs. bear showdown in AI memory.
#BitcoinSpotETFsNetInflow$191M #CFTCUpdatesGuidanceOnTokenizedAssets #BitgetSays$352MAffectedInHack #BinanceWillListHyperliquid(HYPE) #FedProposesRulesForBankIssuedStablecoins
Michael Burry has been short Micron since July, betting the AI-memory boom is getting too stretched.
Meanwhile, a mystery trader just dropped about $44M on MU calls expiring Oct. 2, alongside huge bullish bets on $SNDK.US , $INTC.US and $MRVL. Jim Cramer suggested the flow could be tied to Leopold
Aschenbrenner, but the buyer has not been confirmed.
My read for the next move:
If MU holds momentum into Oct. 2, the call flow could fuel another squeeze higher.
If it loses support, Burryâs short suddenly looks a lot smarter.
This is turning into a clean bull vs. bear showdown in AI memory.
#BitcoinSpotETFsNetInflow$191M #CFTCUpdatesGuidanceOnTokenizedAssets #BitgetSays$352MAffectedInHack #BinanceWillListHyperliquid(HYPE) #FedProposesRulesForBankIssuedStablecoins
