๐ŸŽฏ $Micron Technology (MU) Options Strategy: Bull Call Spread (Debit Spread)

DailyOptions999
05-12

$Micron Technology(MU)$

- Underlying: MU

- View: Bullish continuation with high conviction, targeting a breakout above the $820 resistance. Strategy aims to capture upside while defining risk, given extreme RSI and high IV.

- Strategy Type: Directional Bullish / Debit Spread

- Option Contract Portfolio:

- Buy 1x MU Jun 19, 2026 $800 Call

- Sell 1x MU Jun 19, 2026 $840 Call

- Max Gain & Loss: Max Gain = ($40 spread width - Net Debit). Max Loss = Net Debit Paid.

- Initial Cost/Credit: Debit (~$25.50 estimated, based on mid-prices ~$59.60 - $34.10)


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