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.

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