Bullish Micron Options Hint at 8–9% Post-Earnings Move
TL;DR
Options traders are pricing an 8–9% post-earnings move for Micron (MU) with bullish call activity ahead of results, signaling upside expectations; the implied trading range is roughly $430–$510, and the skew shows calls cheaper than puts, underscoring optimism.
- Micron options lean bullish ahead of earnings with ~8% move priced in Seeking Alpha
- Micron revenue almost triples, tops estimates as demand for memory soars CNBC
- Micron Earnings Were Extraordinary. The Stock Is Dropping. Barron's
- Micron posts better-than-expected Q2 results and Q3 guidance Yahoo Finance
- Micron (MU) Gives Upbeat Forecast After Demand Soars for Memory Chips Bloomberg.com
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