Then you should know that looking at the MU Micron Technology options chain ahead of earnings , I would buy the $60 strike price Puts with 2023-5-19 expiration date for about $3.60 premium. If the options turn out to be profitable Before the earnings release, I would sell at least 50%.
Looking forward to read your opinion about it.
Trade closed: target reached
MU was trading at $57.92 before the earnings. hopefully you sold there, but there is still time left to be in the money by the expiration date.
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.