Micron Technology Unusual Options Activity For July 29
Portfolio Pulse from Benzinga Insights
Unusual options activity has been observed for Micron Technology (NASDAQ:MU), with significant trades indicating a mix of bullish and bearish sentiments. A total of 42 uncommon options trades were spotted, with a nearly equal split between puts and calls. The price targets range from $85 to $150. Analysts maintain an Overweight rating with a target price of $165.
July 29, 2024 | 3:31 pm
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Unusual options activity for Micron Technology indicates mixed sentiments among big-money traders. Analysts maintain an Overweight rating with a target price of $165.
The unusual options activity with a mix of bullish and bearish trades suggests significant interest and potential volatility in the short term. The analyst's Overweight rating and high target price provide a positive outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100