Mrzorro
12-17

Options Market Statistics: Micron Stock Jumps on Analyst Optimism Ahead of Earnings; Options Pop


Shares of $Micron Technology(MU)$   jumped 5% on Monday as market participants reacted to positive comments from industry analysts ahead of the company's first-quarter earnings report.

The most traded calls are contracts of $115 strike price that expire on Dec. 20, whe total volume reaching 28,989 with the open interest of 15,474.

$JPMorgan Chase(JPM)$   analyst Harlan Sur reiterated an Overweight rating and a $180.00 price target on Micron, highlighting a potential revenue and EPS beat driven by a favorable product mix and strong shipments, particularly for its high-bandwidth memory products.



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