Micron Technology Unusual Options Activity For October 09
Portfolio Pulse from Benzinga Insights
A significant bullish stance has been observed in Micron Technology's options activity, with 64% of investors opening trades with bullish expectations. Whales have been targeting a price range from $50.0 to $90.0 for Micron Technology over the last 3 months. Citigroup, Baird, Morgan Stanley, and Rosenblatt have given price targets of $85, $65, $58, and $100 respectively.
October 09, 2023 | 4:16 pm
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NEUTRAL IMPACT
Bullish options activity and varied price targets from different firms may lead to volatility in Micron Technology's stock price.
The bullish stance in options activity indicates a positive sentiment among investors. However, the varied price targets given by different firms may create uncertainty, leading to potential volatility in the stock price.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100