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Micron Technology

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MU today we break the triangle. Up.

wont touch it for the future few weeks

MU - Entering at $80-$83, perfect long term bet.
Snapshot

MU i am getting in at $85

MU going long calls 6/25 110. Hopefully we hold here

MU Welp, holding this bag for their next ER call! Hopefully if breakeven price 110 is reached, I will exit to free my capital for another trade.

MU Put/Call OI ratio for next three expiration date:
0.583308614 (before earning: 0.588696579)
0.429124731 (before earning: 0.399404762)
0.399016584 (before earning: 0.419092911)

MU so they get smarter and lower the forecast for next quarter and going to over delivery it 3 month later?

MU This is a real Knee jerk Over-reaction. To Me I'm looking at the Earnings. That tells the real story. 2 quarters back they reported .62, last quarter 1.18 and this quarter is 1.79... From .62 till now that's 189% increase. That's Huge, even if revenues drop slightly the fact that Earnings are so strong is swelling the Bank Account.