Massive Upside Options Positioning in Micron Technology (MU) Continues Following Q4 Beat, Creating 17.5M Shares to Buy Above $40/Sh -Susquehanna
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Price: $975.56 -5.49%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 0.8%
EPS Growth %: +748.8%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 0.8%
EPS Growth %: +748.8%
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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.
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