MU Micron Technology Options Ahead of Earnings

Jun 26, 2023

If you haven`t bought MU here:

Or sold here:

Then Analyzing the options chain of MU Micron Technology prior to the earnings report this week,
I would consider purchasing the 64usd strike price Puts with
an expiration date of 2023-6-30,
for a premium of approximately $1.54.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.

Looking forward to read your opinion about it.

Jun 30, 2023

Trade closed: target reached

MU trading at $62.90 at the expiration date.