MU just posted a strong earnings and guidance update driven by AI and data center memory demand
    The stock ripped after earnings and the overall story is clearly bullish but from an options standpoint I am trying to figure out the best risk reward after such a big move

    A few things on my mind

    Post earnings IV crush has probably already played out
    Near term upside feels mostly priced in but the broader trend still looks intact
    Would not be shocked to see some pullback or consolidation after this run

    Curious how others are positioning here

    Still leaning bullish with call spreads or diagonals
    Shifting to neutral income plays like call credit spreads or iron condors
    Anyone running calendars into the next catalyst

    Not looking for stock price predictions more interested in option structure selection given current IV and price action

    Not financial advice

    $MU post-ER: directional vs neutral option setups
    byu/Loose_Log997 inoptions



    Posted by Loose_Log997

    Leave A Reply
    Share via