# More than $2.8 billion of Micron options premium changed hands Tuesday as of noon Chicago time.

*fintech · news · 2026-05-05 · CNBC*

## Key points

- Micron options trading volume exceeded $2.8 billion by noon, outpacing SPY and QQQ combined.
- Micron accounted for 12 of the top 20 options trades after the opening bell despite no major news.
- Implied volatility on Micron options reached 84, about five times higher than the S&P 500.
- Intel's valuation surpassed its dotcom peak, nearing $550 billion after a 13% single-day gain.

**Companies:** Micron, Intel, SanDisk, Western Digital
**Countries:** United States

[Read the full story on CNBC](https://www.cnbc.com/2026/05/05/intel-and-micron-are-poised-to-break-major-milestones.html)

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