Option Strategies: MU

EliteOptionsTrader

04-27

Hello everyone! Today i want to share some trading ideas with you!

$Micron Technology(MU)$ Trade Idea: May 1 520C

Trigger: 500 ✅

Targets: 520, 600 🎯

Stop: 471 🛑

MU broke out above 471 this week and ran to 506.

MU to 600 is now in play.

Let’s see if MU can continue to form a base above 471 this upcoming week.

Calls can work above 500 this week.

😍 Been eyeing Tiger merch but short on Tiger Coins? Now's your chance.

🎁 We’ve selected 4 high-demand items across practial, lifestyle, and learning, now with a lower redemption threshold!

Hot Merch Returns · Up to 43% Off

Micron Reclaims $900! Order Fears Fade, Is Chip Selloff Over?

Micron surged 9.87% in a single session, reclaiming $900 as Friday's panic over alleged Nvidia order cuts rapidly dissipated. Semiconductors staged a broad V-shaped rebound — the 3x leveraged chip ETF soared 15.83%, Intel gained 11.19%, and SK Hynix's 2x leveraged ETF rose 14.60%, as dip-buyers flooded back the day after the crash. Is this an oversold bounce, or the start of a sustained recovery — will you chase this chip rally or wait for a pullback confirmation?

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

CHINNY168
04-28
CHINNY168
Great article, would you like to share it?
CHINNY168
04-28
CHINNY168
Great article, would you like to share it?

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477

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Order Fears Fade, Is Chip Selloff Over?","type":0,"rnLink":"https://laohu8.com/RN?name=RNTheme&page=/theme/detail&rndata={\"themeId\":ad7818b5483947a391dffaf3b3e51164}&rnconfig={\"headerBarHidden\": true}","description":"Micron surged 9.87% in a single session, reclaiming $900 as Friday's panic over alleged Nvidia order cuts rapidly dissipated. Semiconductors staged a broad V-shaped rebound — the 3x leveraged chip ETF soared 15.83%, Intel gained 11.19%, and SK Hynix's 2x leveraged ETF rose 14.60%, as dip-buyers flooded back the day after the crash. Is this an oversold bounce, or the start of a sustained recovery — will you chase this chip rally or wait for a pullback confirmation?","image":"https://community-static.tradeup.com/news/8b23c042121584ccc8efc0861468a03f"}],"images":[{"img":"https://community-static.tradeup.com/news/d3eac1543a0d3a3a328049575018213e","width":"1162","height":"573"},{"img":"https://community-static.tradeup.com/news/59c7e1e81ab952e9f6906006c98def18","width":"1080","height":"1350"}],"coverImages":[{"img":"https://community-static.tradeup.com/news/d3eac1543a0d3a3a328049575018213e","width":"1162","height":"573"}],"title":"Option Strategies: MU","html":"<html><head></head><body>Hello everyone! Today i want to share some trading ideas with you!\n\n<a data-mention-id=\"MU\" rel=\"noopener noreferrer\" class=\"teditor-mention\" data-mention-name=\"Micron Technology\" target=\"_blank\" href=\"https://ttm.financial/S/MU\">$Micron Technology(MU)$</a> Trade Idea: May 1 520C\nTrigger: 500 ✅\nTargets: 520, 600 🎯\nStop: 471 🛑\nMU broke out above 471 this week and ran to 506.\nMU to 600 is now in play.\nLet’s see if MU can continue to form a base above 471 this upcoming week.\nCalls can work above 500 this week.\n<img data-align=\"center\" src=\"https://community-static.tradeup.com/news/d3eac1543a0d3a3a328049575018213e\" tg-width=\"1162\" tg-height=\"573\">\n<hr>\n<blockquote>\n 😍 Been eyeing Tiger merch but short on Tiger Coins? Now's your chance.\n 🎁 We’ve selected 4 high-demand items across practial, lifestyle, and learning, now with a lower redemption threshold!\n <a target=\"_blank\" class=\"link rich-text-anchor __anchor-intercept-flag__ text-content-link\" href=\"https://ttm.financial/TW/554651083281352\" title=\"\">Hot Merch Returns · Up to 43% Off</a>\n <img data-align=\"center\" src=\"https://community-static.tradeup.com/news/59c7e1e81ab952e9f6906006c98def18\" tg-width=\"1080\" tg-height=\"1350\">\n</blockquote></body></html>","htmlText":"<html><head></head><body>Hello everyone! Today i want to share some trading ideas with you!\n\n<a data-mention-id=\"MU\" rel=\"noopener noreferrer\" class=\"teditor-mention\" data-mention-name=\"Micron Technology\" target=\"_blank\" href=\"https://ttm.financial/S/MU\">$Micron Technology(MU)$</a> Trade Idea: May 1 520C\nTrigger: 500 ✅\nTargets: 520, 600 🎯\nStop: 471 🛑\nMU broke out above 471 this week and ran to 506.\nMU to 600 is now in play.\nLet’s see if MU can continue to form a base above 471 this upcoming week.\nCalls can work above 500 this week.\n<img data-align=\"center\" src=\"https://community-static.tradeup.com/news/d3eac1543a0d3a3a328049575018213e\" tg-width=\"1162\" tg-height=\"573\">\n<hr>\n<blockquote>\n 😍 Been eyeing Tiger merch but short on Tiger Coins? Now's your chance.\n 🎁 We’ve selected 4 high-demand items across practial, lifestyle, and learning, now with a lower redemption threshold!\n <a target=\"_blank\" class=\"link rich-text-anchor __anchor-intercept-flag__ text-content-link\" href=\"https://ttm.financial/TW/554651083281352\" title=\"\">Hot Merch Returns · Up to 43% Off</a>\n <img data-align=\"center\" src=\"https://community-static.tradeup.com/news/59c7e1e81ab952e9f6906006c98def18\" tg-width=\"1080\" tg-height=\"1350\">\n</blockquote></body></html>","text":"Hello everyone! Today i want to share some trading ideas with you! $Micron Technology(MU)$ Trade Idea: May 1 520C Trigger: 500 ✅ Targets: 520, 600 🎯 Stop: 471 🛑 MU broke out above 471 this week and ran to 506. MU to 600 is now in play. Let’s see if MU can continue to form a base above 471 this upcoming week. Calls can work above 500 this week. 😍 Been eyeing Tiger merch but short on Tiger Coins? Now's your chance. 🎁 We’ve selected 4 high-demand items across practial, lifestyle, and learning, now with a lower redemption threshold! 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