MU Forecast + Trading Strategies




Price Forecast:


Bearish<->Bullish




Bullish Case: Micron's recovery driven by AI demand and strategic fab investments may continue, bolstered by high call option volumes signaling optimism. Recent bullish implied volatility trends support potential upside.




Bearish Case: Geopolitical tensions and a flat forward volatility structure may suppress growth, with increased short interest adding downside risk. Continued insider selling raises concerns about stock stability.




Potential Outcomes:
  • Probability of sustained bullish momentum: 55%
  • Probability of price stagnation: 25%
  • Probability of bearish decline due to market uncertainties: 20%




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November 22, 2024


Micron Technology Forecast

MU        Micron Technology











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GOOGL Forecast + Options Trading Strategies   GOOGL  Alphabet (0.8)


GOOG Forecast + Options Trading Strategies   GOOG  Alphabet (0.8)


FANG Forecast + Options Trading Strategies   FANG  Diamondback Energy (0.8)


HBM Forecast + Options Trading Strategies   HBM  Hudbay Minerals (0.79)



Uncorrelated Assets

Assets with little price relationship to MU



JNPR Forecast + Options Trading Strategies   JNPR  Juniper Networks (-0.0)


CRESY Forecast + Options Trading Strategies   CRESY  Cresud (0.0)


PLBY Forecast + Options Trading Strategies   PLBY  PLBY (-0.01)


VIR Forecast + Options Trading Strategies   VIR  Vir Biotechnology (-0.01)


ATXS Forecast + Options Trading Strategies   ATXS  Astria Therapeutics (0.02)



Anticorrelated Assets

Assets that tend to move strongly against MU



ABEV Forecast + Options Trading Strategies   ABEV  Ambev (-0.73)


OLPX Forecast + Options Trading Strategies   OLPX  Olaplex (-0.75)


COO Forecast + Options Trading Strategies   COO  Cooper Companies (-0.75)


IGT Forecast + Options Trading Strategies   IGT  International Game Technology (-0.76)


GL Forecast + Options Trading Strategies   GL  Globe Life (-0.77)









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