Micron Technology (MU) LongWith a fair value between $50 and $60 the natural movement will be upwards. Triple MA have crossed and channel line has been crossed. Longby m_porcar1
MU breakout from the downtrend channel with volumeMU breakout from the downtrend channel with volumeLongby iamdeepakUpdated 1
99MA hit for NASDAQ: $MU | #MicronTechnology!99MA hit for NASDAQ: $MU | #MicronTechnology!Shortby RedHotStocksUpdated 6
OPENING: MU MARCH/JUNE 34 PUT CALENDARDecided to do something slightly different in Micron than an upward call diagonal (See Post Below) ... . Here's what's important about this trade: Max Loss on Setup: $151/contract Max Profit on Setup: Indeterminable Front Month Value on Setup: $253 credit Back Month Value on Setup: $404 debit Theta: .99 Delta: 2.92 In a nutshell, it's a fairly delta neutral, theta positive setup, with the goal being to reduce cost basis in the trade by rolling out the short aspect for additional credit. I would note that calendars are traditionally considered a low volatility environment setup, with the calendar being placed in a manner that would accommodate a volatility expansion and/or downward movement (i.e., out of the money and on the put side). In contrast, this is just a cost basis reduction setup that doesn't require the expansion or the movement ... . by NaughtyPinesUpdated 10104
TRADE IDEA: MU MARCH/APRIL 31/38 UPWARD CALL DIAGONALMETRICS: Max Loss On Setup: $476/contract Max Profit on Setup: $224/contract; $112 at 50% max with a Return on Capital of 23.5% at 50% max Break Even Versus Spot: 35.76 versus 35.76 Debit Paid to Spread Width Ratio: 68% Delta: 35.47 Theta: .51 Notes: A similar play to the BMY upward call diagonal (See Post Below), but without all the drama around earnings (which are in the rear view mirror by 34 days). Additionally, a bit more liquid, at least as shown in off hours (bid 4.66/mid 4.76/ask 4.87) and without the goofiness of BMY's two and a half wides ... .Longby NaughtyPines4
Micron Technology is one to watch undervalued based on current price below its cash flow value and it’s level of debt is just 11.9% which compare to its networth is satisfactory. by Skinwah9
MU ShortI'm looking for stocks that didn't go up last January, here's one. Target $32.Shortby hungry_hippoUpdated 0
MU long from 26 USDMU is now trading at an approx PE of 2 with a FWD PE of 5. The Point and Figure chart shows the uptrend has not yet been broken and is approaching a double bottom support level.Longby bogdanboros0
MU: Further downsideJust watching this one from side lines. May go long if it visits that long term trend line.by atp11083
MICRON long trades on the 60- quick long trades on the 60 - note your trading against the D trendby traderjoeschmo1
$MU at an inflection point.Over this trend line? or do we flush like the last 4 times?by ncattackapilot1
MU: After a long and deep correction, MU appears ready to takeoff on wave III.Longby Will_WongUpdated 3
Micron Technology (MU) Short on trend continuation ??Reason to Short 1) Downtrend 2) Strong resistance Stay tuned !Shortby M-royceUpdated 0
Micron Apple Effect SHORTMicron Range Bound Lower Accumulation time before the drop from the retracement area.. Stock & Option Volume Strength and Volume in sync start the price turn lower NASDAQ:MUShortby Marcus20188
MU: Potential Double Top for -35% When is it a double top versus a channel? When current price action is an incredible 1.786% extension of the AB leg and the recent tops demonstrates a negative divergence with the MACD. Breakdown from the neckline will imply a downside price target of $30, -35%. Shortby WellTrainedMonkeyUpdated 662
Micron possible break outNASDAQ:MU has formed an inverse head and shoulders pattern that broke out. This break out failed to make new highs, however I believe it created opportunity to enter into Micron. Microns business is about to change by a lot. Let me explain, Micron sells NAND memory, which is non-volatile. Non-volatile is a fancy way of saying it doesn't need power to remember things. Think about like this: You lose power at 7:15 AM where you live. If you have an oven, old analog clock, or VCR when the power comes back they will all reset to 12:00 (or something similar but it will be whatever is the default to go back to). If any of those devices had NAND memory when they came back on they would read 7:15 AM. Does that make sense? You don't need energy to remember things. So what? Less energy used means more battery life. Even more so what? Think about all those cool little devices you dreamt up as a kid. Those weren't possible because how long could those devices run on battery? Think about how large of a leap going from double A batteries to rechargeable. NAND makes it possible. * This information is not a recommendation to buy or sell. It is to be used for educational purposes only. Longby OptionalIdeas6
$MU Further to Fall - Bearish Options Activity$MU Micron - Some significant bearish put options activity yesterday far out in time contracts deep in the money. - 15k $40.00 strike June'2020 put options traded vs OI under 2k for $18M in premium - 10k $45.00 strike January'2021 put options traded vs OI of 4.1k for $16M in premium If both trades were the same fund it's possible this was another diagonal calendar put spread similar to some others we've seen this week, buying the 2021 puts at the higher strike with higher delta and selling the 2020 puts at lower strike with lower delta. These creative variations of options strategies can be very interesting. Looking at the long term weekly chart I see two possible targets assuming current downtrend continues: Near term - $27.00 (by mid January) Medium term - $21.50 (by next ER late March) Note: Informational analysis, not investment advice.Shortby Triple_Barrel_CapitalUpdated 336
Micron is making its moveWe have another day trade happening folks, micron has just showed its hand!!!Long01:47by stockmarketdaytraderUpdated 114