Micron Technology (MU) Sees Short-Dated Put Buying - Susquehanna
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Price: $949.83 +4.23%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 0.8%
Revenue Growth %: +345.7%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 0.8%
Revenue Growth %: +345.7%
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Micron Technology (NASDAQ: MU) is seeing short-dated put buying, Susquehanna options strategist Alison Edwards highlights.
"In Micron, an investor early in the session bought ~10k Aug5 59 (.26d) puts, most for $0.62, and smaller lot “retail looking flow” followed with nearly 30k now on the tape," Edwards commented. "A potential catalyst for next week includes AMD earnings."
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