Looking At Micron Technology's Recent Unusual Options Activity
Portfolio Pulse from Benzinga Insights
Unusual options activity has been observed for Micron Technology (NASDAQ:MU), with a large bullish position appearing on publicly available options history. The overall sentiment of these big-money traders is split between 69% bullish and 30% bearish. Whales have been targeting a price range from $35.0 to $100.0 for Micron Technology over the last 3 months. The price of MU is currently down -1.14% at $69.59.
September 05, 2023 | 2:16 pm
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Unusual options activity has been observed for Micron Technology, indicating potential price movement. The sentiment of big-money traders is 69% bullish.
The unusual options activity, particularly the large bullish position, indicates that there may be significant price movement in the near future. The sentiment of big-money traders, which is 69% bullish, further supports this. However, the current price of MU is down -1.14%, which may impact the short-term performance of the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100