Financial giants have made a conspicuous bearish move on Micron Technology. Our analysis of options history for Micron Technology MU revealed 37 unusual trades.
Delving into the details, we found 27% of traders were bullish, while 59% showed bearish tendencies. Out of all the trades we spotted, 9 were puts, with a value of $1,735,303, and 28 were calls, valued at $3,002,252.
Projected Price Targets
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $77.0 to $160.0 for Micron Technology over the recent three months.
Insights into Volume & Open Interest
Examining the volume and open interest provides crucial insights into stock research. This information is key in gauging liquidity and interest levels for Micron Technology's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across Micron Technology's significant trades, within a strike price range of $77.0 to $160.0, over the past month.
Micron Technology Call and Put Volume: 30-Day Overview
Biggest Options Spotted:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| MU | CALL | TRADE | BULLISH | 04/17/25 | $5.3 | $5.2 | $5.29 | $100.00 | $1.3M | 5.1K | 2.5K |
| MU | PUT | TRADE | BEARISH | 01/31/25 | $0.73 | $0.64 | $0.7 | $77.00 | $488.6K | 8 | 6.9K |
| MU | PUT | TRADE | BEARISH | 07/18/25 | $6.85 | $6.75 | $6.85 | $80.00 | $445.2K | 1.7K | 650 |
| MU | PUT | TRADE | BEARISH | 01/16/26 | $15.1 | $14.85 | $15.0 | $90.00 | $337.5K | 3.6K | 225 |
| MU | CALL | SWEEP | NEUTRAL | 01/15/27 | $26.55 | $25.45 | $26.18 | $90.00 | $193.4K | 1.6K | 40 |
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.
Micron Technology's Current Market Status
- Currently trading with a volume of 3,694,382, the MU's price is down by -0.84%, now at $88.53.
- RSI readings suggest the stock is currently is currently neutral between overbought and oversold.
- Anticipated earnings release is in 83 days.
What Analysts Are Saying About Micron Technology
A total of 5 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $151.0.
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. * Consistent in their evaluation, an analyst from Needham keeps a Buy rating on Micron Technology with a target price of $120. * An analyst from Rosenblatt has decided to maintain their Buy rating on Micron Technology, which currently sits at a price target of $250. * An analyst from Stifel persists with their Buy rating on Micron Technology, maintaining a target price of $130. * An analyst from Stifel has revised its rating downward to Buy, adjusting the price target to $135. * An analyst from Bernstein persists with their Outperform rating on Micron Technology, maintaining a target price of $120.
Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for Micron Technology with Benzinga Pro for real-time alerts.
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