Massive Upside Options Positioning in Micron Technology (MU) Continues Following Q4 Beat, Creating 17.5M Shares to Buy Above $40/Sh -Susquehanna
Susquehanna options strategist Alison Edwards notes continued upside options positioning in Micron Technology (NASDAQ: MU), as opening investors purchased 75,000 Oct 40 Calls for $0.59, adding to 100,000 contracts purchased previously, creating 17.5 million shares to buy above $40/share.