Micron MU options imply ~10.3% move into earnings
Ahead of Micron Technology’s fiscal fourth-quarter earnings after Sept. 30, options expiring shortly thereafter imply about a 10.3% move in either direction, signaling elevated volatility expectations.
Micron Technology NASDAQ:MU is approaching its fiscal fourth-quarter earnings report with expectations elevated, and options traders are positioning for volatility. 3% move in either direction, adding to the pressure around the event.