This call was opened last week when MU slide over 10% intraday breaking the 50 EMA. And the share went back up above the 50 EMA towards End day, thinking it my rebound with such a big dip thus entered this position.
over the next few days the share price continued to go lower. Last 2 day price rebounded, taking the opportunity that today the price is trending back up and the share price has risen above my strike, close for profit first. As the chip sector is very volatile lately, sure to find new opportunities to reenter when there comes a dip day.
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