Bullish Micron Options Hint at 8–9% Post-Earnings Move

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Source: Seeking Alpha
Bullish Micron Options Hint at 8–9% Post-Earnings Move
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TL;DR Summary

Options traders are pricing an 8–9% post-earnings move for Micron (MU) with bullish call activity ahead of results, signaling upside expectations; the implied trading range is roughly $430–$510, and the skew shows calls cheaper than puts, underscoring optimism.

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