Deep-pocketed investors have adopted a bearish approach towards Micron Technology MU, and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in MU usually suggests something big is about to happen.
We gleaned this information from our observations today when Benzinga's options scanner highlighted 111 extraordinary options activities for Micron Technology. This level of activity is out of the ordinary.
The general mood among these heavyweight investors is divided, with 39% leaning bullish and 45% bearish. Among these notable options, 65 are puts, totaling $4,929,782, and 46 are calls, amounting to $2,721,788.
Projected Price Targets
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $60.0 and $220.0 for Micron Technology, spanning the last three months.
Volume & Open Interest Trends
Assessing the volume and open interest is a strategic step in options trading. These metrics shed light on the liquidity and investor interest in Micron Technology's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to Micron Technology's substantial trades, within a strike price spectrum from $60.0 to $220.0 over the preceding 30 days.
Micron Technology Option Volume And Open Interest Over Last 30 Days
Biggest Options Spotted:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| MU | PUT | TRADE | BULLISH | 01/15/27 | $6.55 | $6.15 | $6.3 | $60.00 | $435.3K | 1.3K | 702 |
| MU | CALL | TRADE | BULLISH | 09/19/25 | $3.3 | $3.2 | $3.3 | $140.00 | $247.5K | 1.8K | 1.1K |
| MU | PUT | TRADE | BULLISH | 09/19/25 | $2.04 | $1.95 | $1.95 | $60.00 | $186.8K | 625 | 970 |
| MU | PUT | SWEEP | BULLISH | 06/20/25 | $7.15 | $7.1 | $7.1 | $85.00 | $181.7K | 6.1K | 638 |
| MU | PUT | TRADE | NEUTRAL | 03/21/25 | $27.7 | $27.25 | $27.48 | $120.00 | $137.4K | 2.0K | 250 |
About Micron Technology
Micron is one of the largest semiconductor companies in the world, specializing in memory and storage chips. Its primary revenue stream comes from dynamic random access memory, or DRAM, and it also has minority exposure to not-and or NAND, flash chips. Micron serves a global customer base, selling chips into data centers, mobile phones, consumer electronics, and industrial and automotive applications. The firm is vertically integrated.
Current Position of Micron Technology
- Currently trading with a volume of 27,760,603, the MU's price is down by -11.7%, now at $91.12.
- RSI readings suggest the stock is currently may be approaching overbought.
- Anticipated earnings release is in 51 days.
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Overview Rating:
Speculative
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