Smart Money Is Betting Big In Micron Technology Options

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Financial giants have made a conspicuous bullish move on Micron Technology. Our analysis of options history for Micron Technology MU revealed 48 unusual trades.

Delving into the details, we found 68% of traders were bullish, while 29% showed bearish tendencies. Out of all the trades we spotted, 28 were puts, with a value of $2,777,585, and 20 were calls, valued at $1,566,981.

Predicted Price Range

Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $65.0 to $160.0 for Micron Technology over the recent three months.

Analyzing Volume & Open Interest

Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.

This data can help you track the liquidity and interest for Micron Technology's options for a given strike price.

Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Micron Technology's whale activity within a strike price range from $65.0 to $160.0 in the last 30 days.

Micron Technology 30-Day Option Volume & Interest Snapshot

Options Call Chart

Largest Options Trades Observed:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Ask Bid Price Strike Price Total Trade Price Open Interest Volume
MU PUT TRADE BULLISH 04/04/25 $1.35 $1.17 $1.17 $80.00 $936.0K 103 8.0K
MU PUT TRADE BEARISH 06/18/26 $8.05 $7.75 $8.05 $75.00 $402.5K 2.1K 500
MU CALL TRADE BULLISH 01/16/26 $4.5 $4.4 $4.48 $160.00 $358.4K 1.2K 825
MU PUT SWEEP BULLISH 12/19/25 $22.3 $22.2 $22.2 $110.00 $222.0K 4.4K 100
MU CALL SWEEP BEARISH 01/16/26 $39.2 $38.4 $38.5 $65.00 $173.2K 1.5K 1

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.

After a thorough review of the options trading surrounding Micron Technology, we move to examine the company in more detail. This includes an assessment of its current market status and performance.

Current Position of Micron Technology

  • Currently trading with a volume of 7,739,609, the MU's price is down by -1.25%, now at $97.6.
  • RSI readings suggest the stock is currently may be approaching overbought.
  • Anticipated earnings release is in 24 days.

Professional Analyst Ratings for Micron Technology

In the last month, 1 experts released ratings on this stock with an average target price of $91.0.

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. * An analyst from Morgan Stanley persists with their Equal-Weight rating on Micron Technology, maintaining a target price of $91.

Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest Micron Technology options trades with real-time alerts from Benzinga Pro.

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