Trade Alert: Bonus Earnings Trade

A more conservative call spread on yesterday's AI-related hardware company.

Dec 17, 2024

∙ Paid

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Another Call Spread On Micron

This one was suggested by our friend David Janello, PhD, CFA at SpreadHunter:

The stock again is Micron (MU 0.00%↑) and the trade is a vertical spread expiring on December 20th, buying the $107 strike call and selling the $108 strike call, for a net debit of $0.49. The max gain per contract is $0.51, the max loss is $0.49, and the br…

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