Group 1 - Financial giants have shown a bullish sentiment towards Micron Technology, with 49% of traders being bullish and 29% bearish, indicating a strong interest in the stock [1] - The total volume of options trades for Micron Technology reached 229,532, with an average open interest of 4,353.19, suggesting significant market activity [3] - Analysts have set an average price target of $291.0 for Micron Technology, with individual targets ranging from $205 to $350 from various firms [9][10] Group 2 - The projected price range targeted by large investors for Micron Technology over the last three months is between $200.0 and $330.0 [2] - Significant options trades include bullish call options with strike prices of $240.00 and $260.00, indicating positive sentiment among traders [7] - Micron Technology specializes in memory and storage chips, primarily generating revenue from DRAM, and serves a diverse global customer base [8]
Micron Technology Options Trading: A Deep Dive into Market Sentiment - Micron Technology (NASDAQ:MU)