Trading MU - Bullish for Earnings Week
On Monday I will be opening a Call position for Micron Technology.
Details:
-Strike Price: $142
-Exp Date: July 5, 2024
Why:
-MU will be release earnings on June 26th (AH) and I am very optimistic about it
-Last week’s sell-off was as necessary as it was temporary, giving me a discount on those calls
My targets:
-MU target price: $150 (currently at $140.04)
-Target return on Calls: 50% - 150%
-Stop Loss: 30%
Details:
-Strike Price: $142
-Exp Date: July 5, 2024
Why:
-MU will be release earnings on June 26th (AH) and I am very optimistic about it
-Last week’s sell-off was as necessary as it was temporary, giving me a discount on those calls
My targets:
-MU target price: $150 (currently at $140.04)
-Target return on Calls: 50% - 150%
-Stop Loss: 30%
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.