I risked $2500 on MU calls to make possibly $20,000+ swing
500%-1000% $Micron Technology(MU)$ earnings winner up for tomorrow.
“We believe Micron is one of the biggest beneficiaries in the semiconductor industry of the multi-year opportunity enabled by AI…”
Image
I risked $2500 on MU calls to make possibly $20,000+ swing.
My options will go from $5.35 to $23.50+ and I have 10 contracts.
Here's what you don't see :
We are patient and focused on our entries.
I had to sell MU position twice. I got stopped out twice.
We always try to keep our losses at minimum or really tiny.
Risk Management and preservation of capital is key. Alway actively manage your trade.
Notice I also had $S&P 500(.SPX)$ calls for March 22 $517 which I got stopped out on because risk management has to be 1st.
Later I added $Micron Technology(MU)$ calls at the bottom again and then swung it.
You can go to the chart and see MU gave a really good entry later during the day ended up ripping into close.
Image
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
