Micron Technology(US:MU) Benzinga·2026-01-07 15:02Group 1: Micron Technology Options Activity - Whales have taken a bullish stance on Micron Technology, with 44% of investors opening trades with bullish expectations and 31% with bearish [1] - A total of 54 trades were detected, with 8 puts amounting to $1,904,452 and 46 calls totaling $3,471,438 [1] - The big players are eyeing a price window from $100.0 to $650.0 for Micron Technology during the past quarter [2] Group 2: Volume and Open Interest - Analyzing volume and open interest provides insights into the liquidity and interest for Micron Technology's options [3] - The evolution of volume and open interest for calls and puts has been tracked within a strike price range from $100.0 to $650.0 over the last 30 days [3] Group 3: Largest Options Trades - Notable options trades include a neutral put trade with a total of $1.4 million and several bullish call trades with significant volumes and values [6] - The largest call trade observed was a bullish sweep with a total trade value of $332.5K and an open interest of 1.1K [6] Group 4: Company Overview - Micron Technology is one of the largest semiconductor companies globally, specializing in memory and storage chips, primarily DRAM, with some exposure to NAND flash chips [7] - The company serves a diverse global customer base, including data centers, mobile phones, consumer electronics, and industrial applications [7] Group 5: Current Position and Analyst Ratings - The consensus target price for Micron Technology among 5 market experts is $316.0 [9] - Current trading volume stands at 7,246,830, with the stock price at $340.89, reflecting a decrease of -0.74% [10] - Analysts from Citigroup and B of A Securities maintain a Buy rating with target prices of $300, while Wolfe Research has an Outperform rating with a target price of $350 [10][11]