Smart Money Is Betting Big In Micron Technology Options
Portfolio Pulse from Benzinga Insights
Financial giants are making bullish moves on Micron Technology (NASDAQ:MU) through options trading, with a significant number of call options indicating a positive sentiment. Analysts have mixed ratings, with price targets ranging from $67 to $150. The stock is currently trading at $99.86, slightly down by 0.45%.
October 02, 2024 | 7:03 pm
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Micron Technology sees significant bullish options activity, with 72 call options valued at $5.34M. Analysts' price targets range from $67 to $150, indicating mixed sentiment. Current stock price is $99.86, down 0.45%.
The significant volume of call options suggests a bullish sentiment among investors, which could lead to a short-term price increase. Analysts' mixed ratings provide a range of potential price targets, but the overall sentiment leans positive. The current slight decrease in stock price may be temporary given the bullish options activity.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100