Micron Technology Unusual Options Activity For November 14 - Micron Technology (NASDAQ:MU)

Core Insights - Financial institutions are showing a bullish sentiment towards Micron Technology, with 40% of traders being bullish and 38% bearish, indicating a mixed market outlook [1] - The major market movers are focusing on a price range between $125.0 and $380.0 for Micron Technology over the past three months [2] Options Trading Analysis - The mean open interest for Micron Technology options trades is 2329.53, with a total volume of 198,272.00, reflecting significant trading activity [3] - A total of 137 unusual trades were identified, with 31 puts valued at $5,934,547 and 106 calls valued at $9,528,865, suggesting a higher interest in call options [1][3] Significant Options Trades - Notable trades include a call option with a total trade price of $367.3K and a put option with a total trade price of $322.9K, indicating varying trader sentiments [8] - The highest price target set by analysts for Micron Technology is $325, with several analysts maintaining buy or outperform ratings [11] Company Overview - Micron Technology is a leading semiconductor company specializing in memory and storage chips, primarily generating revenue from DRAM and having exposure to NAND flash chips [9] - The company serves a diverse global customer base across various sectors, including data centers, mobile phones, and automotive applications [9]