A Closer Look at Micron Technology's Options Market Dynamics

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Whales with a lot of money to spend have taken a noticeably bullish stance on Micron Technology.

Looking at options history for Micron Technology (NASDAQ:MU) we detected 149 trades.

If we consider the specifics of each trade, it is accurate to state that 46% of the investors opened trades with bullish expectations and 28% with bearish.

From the overall spotted trades, 33 are puts, for a total amount of $2,487,288 and 116, calls, for a total amount of $13,626,887.

Predicted Price Range

Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $290.0 to $700.0 for Micron Technology during the past quarter.

Volume & Open Interest Trends

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 $290.0 to $700.0, over the past month.

Micron Technology 30-Day Option Volume & Interest Snapshot

Noteworthy Options Activity:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Ask Bid Price Strike Price Total Trade Price Open Interest Volume
MU CALL SWEEP BEARISH 03/20/26 $19.1 $19.05 $19.1 $500.00 $1.5M 4.2K 2.3K
MU CALL TRADE NEUTRAL 06/18/26 $52.95 $51.8 $52.37 $480.00 $523.7K 556 0
MU PUT TRADE BULLISH 07/17/26 $123.2 $122.2 $122.2 $480.00 $305.5K 0 25
MU PUT TRADE BULLISH 09/18/26 $140.55 $139.75 $139.75 $490.00 $279.5K 0 262
MU CALL TRADE BULLISH 01/15/27 $125.7 $123.65 $124.88 $400.00 $249.7K 1.0K 47

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.

Having examined the options trading patterns of Micron Technology, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance

Where Is Micron Technology Standing Right Now?

  • Trading volume stands at 14,909,019, with MU’s price up by 2.4%, positioned at $397.26.
  • RSI indicators show the stock to be may be overbought.
  • Earnings announcement expected in 55 days.

What The Experts Say On Micron Technology

In the last month, 5 experts released ratings on this stock with an average target price of $419.0.

  • Reflecting concerns, an analyst from RBC Capital lowers its rating to Outperform with a new price target of $425.
  • Maintaining their stance, an analyst from Wells Fargo continues to hold a Overweight rating for Micron Technology, targeting a price of $410.
  • Maintaining their stance, an analyst from Rosenblatt continues to hold a Buy rating for Micron Technology, targeting a price of $500.
  • An analyst from Piper Sandler persists with their Overweight rating on Micron Technology, maintaining a target price of $400.
  • Consistent in their evaluation, an analyst from Stifel keeps a Buy rating on Micron Technology with a target price of $360.

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.

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