Smart Money Is Making Bold Moves in Micron Technology Options
Recent movements in the options market indicate a noticeable bearish trend regarding Micron Technology (NASDAQ: MU). An in-depth analysis of the options trading history for Micron revealed a total of 81 unusual trades taking place.
Upon examining these trades, we found that 37% of the investors displayed bullish sentiments, while 48% leaned toward a bearish outlook. Among the trades, 40 were identified as puts, collectively valued at approximately $2,965,115, and 41 were calls, amounting to about $4,609,560.
Expected Price Movements
Current trading activities suggest that significant investors are projecting the stock price of Micron Technology to reach a range between $50.00 and $220.00 in the coming three months.
Volume & Open Interest Trends
Examining the trends in volume and open interest is essential for gaining insights into the liquidity and interest levels surrounding Micron Technology's options at specific strike prices. Below is a summary of the trends observed in volume and open interest for both calls and puts during notable trades on Micron Technology, focusing on a strike price range from $50.00 to $220.00 over the last month.
Micron Technology Call and Put Volume: 30-Day Overview
Here are some significant options trades identified:
Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
---|---|---|---|---|---|---|---|---|---|---|---|
MU | PUT | TRADE | BEARISH | 12/19/25 | $5.85 | $5.7 | $5.8 | $70.00 | $725.0K | 977 | 1.2K |
MU | CALL | SWEEP | BULLISH | 06/20/25 | $6.45 | $6.4 | $6.5 | $105.00 | $381.6K | 5.0K | 615 |
MU | PUT | SWEEP | BEARISH | 06/20/25 | $6.25 | $6.15 | $6.25 | $80.00 | $368.4K | 5.2K | 610 |
MU | CALL | SWEEP | NEUTRAL | 06/20/25 | $6.4 | $6.35 | $6.4 | $105.00 | $361.0K | 5.0K | 1.2K |
MU | CALL | SWEEP | BEARISH | 12/19/25 | $17.95 | $17.85 | $17.85 | $90.00 | $239.2K | 934 | 264 |
About Micron Technology
Micron Technology is one of the world’s largest semiconductor firms, focusing primarily on memory and storage solutions. The company earns most of its revenue through dynamic random access memory (DRAM) but also has a smaller revenue stream from NAND flash chips. Micron’s diverse customer base includes data centers, mobile devices, consumer electronics, as well as industrial and automotive applications. The company operates through a vertically integrated model.
Having reviewed the options trading dynamics for Micron Technology, we now proceed to evaluate the company’s current market position.
Current Market Position of Micron Technology
- The current trading volume for MU stands at 17,500,834 shares, marking a decline of -0.62%, bringing the share price down to $89.56.
- The relative strength index (RSI) values indicate a neutral position for the stock, falling between overbought and oversold categories.
- The upcoming earnings report is expected in 86 days.
Analyst Opinions on Micron Technology
In the past month, five professional analysts have provided their insights on Micron Technology, establishing an average price target of $146.00.
Investment Strategy Highlights:
Several analysts have given specific ratings: one from Rosenblatt has maintained a Buy rating with a target of $250, while an analyst from Barclays holds an Overweight rating with a price target of $110. Analysts from Needham, Wedbush, and TD Cowen also maintain Buy ratings with target prices ranging from $120 to $125.
Engaging in options trading can be riskier than trading stocks but may offer greater profit potential. Experienced options traders often mitigate risks by continuously educating themselves, managing their trades strategically, and paying attention to multiple market indicators.
If you're interested in keeping up with the latest options trading for Micron Technology, there are tools available that provide real-time alerts for options trades.
investors, options, trading