Micron (MU) volatility ticks higher into Q1 results and outlook

December 21, 2011 1:28 PM EST
Micron (NYSE: MU) is expected to release Q1 results today after the market close. Wedbush say's "Expecting ugly print, but believe worst of times could be nearing an end, maintain Neutral rating." January put option implied volatility is at 63, February is at 64; compared to its 26-week average of 59 according to Track Data.


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