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MU trade ideas

Rolling: MU January 21st 69 Short Put to 86... for a 1.01 credit. Comments: With the 69 short put converging on worthless, rolled it up to a strike with a delta about half that of the short call. I originally collected 2.22 in credit for the 69/97.5 short strangle (See Post Below) and had a profit target of 50% of that or 1.11. Consequently, I'm revising the profit target to 1.11 plus what I received for the roll up of the 69 (1.01) (i.e., my new profit target to take off the now 86/97.5 is 2.12). The other way to look at it is that I've collected a total of 3.23 in credits -- 2.22 for the original setup plus 1.01 for the roll up, and I want to close it out for 1.11 less than that or 3.23 - 1.11 = 2.12.
NASDAQ:MU
by NaughtyPines
Short fundamental and technical analysis of a 'must have' stockQuarterly report: Very impressive in my opinion. It was beating analyst estimations both in terms of revenue and earnings as well as future guidance and outlook. Investors are happy and on pre-market the stock is gaining more than 8% at the time of writing. Fundamental analysis: 1. Valuation: I could say that historically $MU had better valuation than it currently has, however if compared to industry peers and the overall market the valuation seems OK to me... especially in current highly overvalued environment and FED hawkish tone. 2. Growth: The company remains a growth story. Earnings are forecasted to grow roughly 20% per year in the near future. Revenue growth is estimated to be not so significant. 3. Profitability Luckily the company is extremely profitable. It was reported that gross margin equals 46.4%, operating margin equals 34.2%, while net income margin is almost 30%. 4. Financial position: Excellent. Cash rich, almost no debts and well covered. 5. ESG rating: Low risk and good rating (17.7 at Sustainalytics) 6. Dividend $ Buyback: 0.49% the current div yield and TTM the company repurchased $1.3b of its common stock. Technical analysis: The company is gaining on pre-market and remains in the uptrend. Next psychological resistance is around 100. This is the price where I will slightly rebalance my position. Thanks for reading, Feel free to ask any questions or comment down below.
NASDAQ:MULong
by GIgor_021
$MU bullish reversal$MU Micron Technology Fiscal Q1 Results Rise; Issues Fiscal Q2 Guidance -- Stock Gains 6% After-Hours stock just breakthrough the first resistance at 84.30 with the stock gapping up at after hour, people might take some profits at the opening bell tomorrow. maybe wait for a bit to settle down until premium gets a bit cheaper and see the formation of the stock is going. also $MU is about to enter a squeeze and buyers in control so this could possibly continue to push up and break ATH. day trading entry scalp BUY call above 86.90 sell at 88.90+ BUY puts below 83.96 sell at 80.95 always take profits as you see one. always follow your plan and risk management. Hello everyone, welcome to this free technical analysis . ( mostly momentum play ) I am going to explain where I think this stock is going to go over the next day or week play and where I would look for trading opportunities. If you have any questions or suggestions which stock I should analyze, please leave a comment below. If you enjoyed this analysis, I would definitely appreciate it, if you smash that LIKE button and maybe consider following my channel. Thank you for stopping by and stay tune for more. My technical analysis is not to be regarded as investment advice. but for general informational proposes only.
NASDAQ:MULong
by CHRIS_B58