MU Micron Technology Options Ahead Of Earnings

If you haven`t bought MU on my last signal:

Then you should know that looking at the MU Micron Technology options chain ahead of earnings , I would buy the $60 strike price Puts with
2023-5-19 expiration date for about
$3.60 premium.
If the options turn out to be profitable Before the earnings release, I would sell at least 50%.

Looking forward to read your opinion about it.

Trade chiuso: obiettivo raggiunto:

MU was trading at $57.92 before the earnings. hopefully you sold there, but there is still time left to be in the money by the expiration date.