Micron Technology Stock Is Up 150% Since April, But This Option Strategy Still Offers a 4:1 Up/Down Tradeoff

There’s a lot going on in Idaho these days. And it's no small potatoes. The stock of Boise, Idaho-based Micro Technology (MU) is one of the most intriguing chart-based stock situations I see right now. The maker of high-performance memory and storage technologies is in the sweet spot for growth right now. The stock has mimicked the broader tech sector’s manic 2025 so far, giving up 40% of its value in under 3 weeks in the spring, only to rally 150% since that time. That $60 stock from April is now in the ...