MU is trading sharply higher at $948.06 as aggressive upside call option activity and an AI-memory leadership narrative drive a powerful momentum rally.
- Traders have heavily targeted upside call options tied to the May 29, 2026, expiries, signaling strong expectations for continued long-term gains.
- The move builds on recent double-digit percentage jumps, with heavy options positioning and momentum trading likely amplifying today's outsized price action.