$MU Calendar Spread Opportunity
MU just had earnings and traded way up again today. Right now I'm looking at this "congestion zone" that the stock had back in February - March of this year. I think that if MU keeps going that it might stall out here in this zone, and that might be a good opportunity to buy a Calendar spread on MU - a trade that takes advantage of increasing IV. I have had success buying calendars on MU in the past.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.