MU is pricing in some insanely abnormal panic

MU October IV is sitting at over 100% IV for contracts 40% OTM (This is insane by the way) NVIDA in 2023 was the last time this happened on their massive guidance from my research, Meme stocks being another This is a MASSIVE premium on insurance this far out in term, and a volatility bubble goldmine this also says a couple things: \- MU is the bottleneck of the entire AI industry, if MU says demand is slowing, AI could be down 40% as a whole, hence the risk premium demanded from the 100% IV so far out \- OR Its massive institutional hedging and MM IV expansion \- AND MMs are terrified of gap risk, they dont want to sell any more insurance, they just boost the IV This is MASSIVE panic, like unheard of type of panic $7 wide spreads in October are also a tell tale sign of MMs dont know wtf is going to happen This earnings is going to be BIG, really big, like crash the AI market on bad guidance big, or a massive volatility bubble waiting to be popped