On July 7, 2026, unusual options activity highlights strong bearish sentiment in both Micron Technology (MU) and Tesla (TSLA). Massive put premiums were observed, indicating potential concern among traders about short-term price declines. Key Insights The MU PUT option at $900 saw a significant premium of $50.2 million, signaling aggressive bearish positioning. Similarly, the TSLA PUT options for both $410 and $405 struck a combined total of $92.2 million, suggesting traders expect TSLA to face challenges ahead. Countering the bearish trend, notable bullish activity emerged in MU CALL options,