Core Insights - Deep-pocketed investors are showing a bullish sentiment towards Micron Technology, indicating potential significant developments ahead [1] - The options activity for Micron Technology is unusually high, with 50% of investors leaning bullish and 35% bearish [2] Options Activity - A total of 20 extraordinary options activities were recorded for Micron Technology, with 4 puts totaling $253,850 and 16 calls amounting to $818,380 [2] - The mean open interest for Micron Technology options trades is 2961.88, with a total volume of 3,158.00 [4] Price Targets - Analysts have set an average price target of $277.0 for Micron Technology, with individual targets ranging from $205 to $325 [9][11] - The big players are eyeing a price window from $160.0 to $320.0 for Micron Technology over the past quarter [3] Company Overview - Micron Technology is a leading semiconductor company specializing in memory and storage chips, primarily dynamic random access memory (DRAM) [8] - The company serves a diverse global customer base, including data centers, mobile phones, consumer electronics, and industrial applications [8]
Unpacking the Latest Options Trading Trends in Micron Technology - Micron Technology (NASDAQ:MU)