Investors with a lot of money to spend have taken a bullish stance on Micron Technology MU.
And retail traders should know.
We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga.
Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with MU, it often means somebody knows something is about to happen.
So how do we know what these investors just did?
Today, Benzinga's options scanner spotted 12 uncommon options trades for Micron Technology.
This isn't normal.
The overall sentiment of these big-money traders is split between 58% bullish and 25%, bearish.
Out of all of the special options we uncovered, 3 are puts, for a total amount of $184,198, and 9 are calls, for a total amount of $434,871.
What's The Price Target?
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $45.0 to $110.0 for Micron Technology over the recent three months.
Volume & Open Interest Development
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 $45.0 to $110.0 in the last 30 days.
Micron Technology Call and Put Volume: 30-Day Overview
Significant Options Trades Detected:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| MU | CALL | TRADE | NEUTRAL | 01/15/27 | $49.05 | $47.15 | $48.0 | $45.00 | $120.0K | 280 | 25 |
| MU | PUT | TRADE | BULLISH | 06/18/26 | $26.9 | $22.35 | $23.75 | $100.00 | $118.7K | 373 | 0 |
| MU | CALL | TRADE | BULLISH | 07/18/25 | $7.3 | $7.2 | $7.3 | $100.00 | $73.0K | 2.6K | 102 |
| MU | CALL | TRADE | BULLISH | 03/21/25 | $4.2 | $4.05 | $4.15 | $95.00 | $62.2K | 1.8K | 36 |
| MU | CALL | SWEEP | NEUTRAL | 05/16/25 | $3.25 | $3.1 | $3.19 | $110.00 | $42.7K | 1.4K | 317 |
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.
In light of the recent options history for Micron Technology, it's now appropriate to focus on the company itself. We aim to explore its current performance.
Current Position of Micron Technology
- Currently trading with a volume of 747,082, the MU's price is down by -2.83%, now at $86.12.
- RSI readings suggest the stock is currently may be approaching oversold.
- Anticipated earnings release is in 79 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 $146.6.
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. * Maintaining their stance, an analyst from UBS continues to hold a Buy rating for Micron Technology, targeting a price of $125. * An analyst from Rosenblatt persists with their Buy rating on Micron Technology, maintaining a target price of $250. * Consistent in their evaluation, an analyst from Wells Fargo keeps a Overweight rating on Micron Technology with a target price of $140. * Maintaining their stance, an analyst from Morgan Stanley continues to hold a Equal-Weight rating for Micron Technology, targeting a price of $98. * Maintaining their stance, an analyst from Bernstein continues to hold a Outperform rating for Micron Technology, targeting a price of $120.
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.
© 2025 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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