Micron Technology (MU) Sees Short-Dated Put Buying - Susquehanna

Micron Technology (NASDAQ: MU) is seeing short-dated put buying, Susquehanna options strategist Alison Edwards highlights.

"In Micron, an investor early in the session bought ~10k Aug5 59 (.26d) puts, most for $0.62, and smaller lot “retail looking flow” followed with nearly 30k now on the tape," Edwards commented. "A potential catalyst for next week includes AMD earnings."

You May Also Be Interested In

• Micron Technology (MU) says customers are not price-sensitive to memory
• UBS Reiterates Buy Rating on Micron Technology (MU)
• Aardvark Therapeutics (AARD) Tops Q2 EPS by 21c