Pre-earnings options volume in Micron (MU) is 1.8x normal with calls leading puts 3:1. Implied volatility suggests the market is anticipating a move near 11.6%, or $12.86, after results are released. Median move over the past eight quarters is 7.2%.
Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on MU:
- Here’s what Wall Street is saying about Micron ahead of earnings
- ‘Short-Term Sell Ahead of Earnings,’ Says Investor About Micron Stock
- Micron price target lowered to $120 from $140 at Bernstein
- 3 Best Stocks to Buy Now, 12/18/2024, According to Top Analysts
- Micron or AMD: Top Analyst Picks the Superior AI Chip Stock to Buy