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dmeacham12
Aug 29, 2018 5:13 PM

MU Put Options Short

Micron Technology, Inc.NASDAQ

Description

NASDAQ:MU - Micron Technology, Inc.180907P00051000-MU-PUT

Cost: .95 Per Contract

https://www.nasdaq.com/symbol/mu/option-chain/180907P00051000-mu-put


Trade closed manually

Sold my puts at .71¢, a ~25% loss, but still watching. If they stay under the 50 MA today, may buy them back since these options are now in the low .50¢ range.
Comments
justn6
Its up to 53, still doing puts?
dmeacham12
@justn6, Sold my puts at .71¢, a ~25% loss, but still watching. If they stay under the 50 MA today, may buy them back since these options are now in the low .50¢ range.
traderblee
Tomorrow they'll load up the truck again
justn6
@traderblee, praying this happens tuesday
battutx
Tomorrow will be interesting. Would love to see it hit $53 and break this bearish formation.
Jbpv317
Agree looks like a short term terrace but anticipation from the Sept 6 conference may buoy the downside. Very long MU
traderblee
two catalyst events coming next week, a breather, and then earnings report the week after. Good luck
Dalides
I still bet for a Green EOD
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