Xiia
06-19

$Micron Technology(MU)$ As someone who bought calls a couple months ago when the stock was about $100, I’m now beginning to sell them for a 500% gain. I was considering rolling them forward to a higher ITM strike, but with the last couple days’ rally I’m not sure that’s wise. Micron has already sold forward this entire year’s production, right? So this rally is dependent on continued strength through next year. Pricing in a lot of future pricing gains, and the future is uncertain.

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  • Gojover
    ·06-21
    Hi, could you elaborate more on the “sold forward this entire year’s production”? I couldn’t find it.
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