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What the Options Market Tells Us About Micron Technology

Benzinga ·  Sep 24 22:16

Whales with a lot of money to spend have taken a noticeably bearish stance onMicron Technology.

Looking at options history for Micron Technology (NASDAQ:MU) we detected 18 trades.

If we consider the specifics of each trade, it is accurate to state that 33% of the investors opened trades with bullish expectations and 55% with bearish.

From the overall spotted trades, 5 are puts, for a total amount of $654,501 and 13, calls, for a total amount of $503,506.

Predicted Price Range

Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $80.0 to $115.0 for Micron Technology over...

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