Micron Technology(US:MU) Schaeffers Investment Research·2025-12-26 16:28Core Viewpoint - Micron Technology Inc's stock has shown significant long-term performance, hitting a record high for five consecutive sessions before a slight decline, reflecting a 240% increase since the beginning of the year [1] Group 1: Stock Performance - The stock briefly reached a record high of $285.21 before decreasing by 0.5% [1] - Micron's stock has experienced two brief pullbacks in November and mid-December, which were noted by the 50-day moving average [1] Group 2: Market Sentiment - There has been a notable increase in short-term bearish positions, indicated by a Schaeffer's put/call open interest ratio (SOIR) of 1.23, the highest annual reading [2] - An unwinding of these bearish bets could provide additional support for the stock in the future [2] Group 3: Options Market - Options for Micron Technology are currently considered affordable, with a Schaeffer's Volatility Index (SVI) of 52%, which is higher than 22% of readings from the past year [2] - The Schaeffer's Volatility Scorecard (SVS) for Micron stands at 87 out of 100, indicating that the stock has consistently exhibited higher volatility than what its options have priced in [3]