Micron Technology's Options: A Look at What the Big Money is Thinking

Comments
Loading...

Financial giants have made a conspicuous bullish move on Micron Technology. Our analysis of options history for Micron Technology MU revealed 39 unusual trades.

Delving into the details, we found 48% of traders were bullish, while 46% showed bearish tendencies. Out of all the trades we spotted, 16 were puts, with a value of $738,388, and 23 were calls, valued at $1,064,308.

What's The Price Target?

After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $50.0 and $170.0 for Micron Technology, spanning the last three months.

Insights into Volume & Open Interest

Assessing the volume and open interest is a strategic step in options trading. These metrics shed light on the liquidity and investor interest in Micron Technology's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to Micron Technology's substantial trades, within a strike price spectrum from $50.0 to $170.0 over the preceding 30 days.

Micron Technology Option Volume And Open Interest Over Last 30 Days

Options Call Chart

Noteworthy Options Activity:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Ask Bid Price Strike Price Total Trade Price Open Interest Volume
MU CALL TRADE BEARISH 07/18/25 $44.6 $44.3 $44.3 $60.00 $177.2K 116 40
MU CALL SWEEP BULLISH 12/13/24 $11.0 $10.4 $10.85 $90.00 $108.5K 605 26
MU PUT TRADE BULLISH 12/13/24 $5.3 $5.0 $5.1 $106.00 $98.9K 793 200
MU CALL TRADE BEARISH 03/21/25 $11.65 $11.5 $11.5 $100.00 $80.5K 4.4K 73
MU PUT SWEEP NEUTRAL 12/06/24 $1.86 $1.83 $1.84 $102.00 $76.2K 2.1K 695

About Micron Technology

Micron is one of the largest semiconductor companies in the world, specializing in memory and storage chips. Its primary revenue stream comes from dynamic random access memory, or DRAM, and it also has minority exposure to not-and or NAND, flash chips. Micron serves a global customer base, selling chips into data centers, mobile phones, consumer electronics, and industrial and automotive applications. The firm is vertically integrated.

Present Market Standing of Micron Technology

  • With a trading volume of 5,721,375, the price of MU is up by 0.56%, reaching $101.43.
  • Current RSI values indicate that the stock is may be approaching oversold.
  • Next earnings report is scheduled for 12 days from now.

Unusual Options Activity Detected: Smart Money on the Move

Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. Click here for access.

Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.

If you want to stay updated on the latest options trades for Micron Technology, Benzinga Pro gives you real-time options trades alerts.

Overview Rating:
Speculative
50%
Technicals Analysis
66
0100
Financials Analysis
40
0100
Overview
Market News and Data brought to you by Benzinga APIs
Date of Trade
▲▼
ticker
▲▼
Put/Call
▲▼
Strike Price
▲▼
DTE
▲▼
Sentiment
▲▼

Posted In:
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!