Micron (MU) volatility low into third consecutive quarterly loss

Micron (NYSE: MU) is recently down 34c to $8.37 in the premarket after reporting Q2 EPS (23c) , consensus (19c). Goldman Sachs say’s “Stock already pricing in a very healthy 2013 despite near term risks.” Overall option implied volatility of 51 is below its 26-week average of 60 according to Track Data, suggesting decreasing price risk.

---

Serious News for Serious Traders! Try StreetInsider.com Premium Free!

---

You May Also Be Interested In

• Micron Unveils Micron Research Labs, a U.S.-Based Long-Horizon Innovation Hub to Shape the Future of Memory and AI
• Active options: MU BULL WULF AMD MARA BABA COIN SOFI GOOGL PLTR QXO
• BMO Capital Starts Micron Technology (MU) at Outperform