Trade Update - MU
Trade Update - Micron Technology (MU) Hello Smart Option Sellers! We gave it a good shot yesterday, but were only able to get a handful of contracts filled on the new MU put-sell trade. I believe less than 100 contracts went across the tape at $.25 per contract so we won't mark it as official yet. If you were filled, great. If not, just keep your order working "GTC". If MU stock drops a bit today, we should see fills for the rest of the gang. With MU currently near $39.35 per share, we'll have a nice $14.35 cushion above the $25 strike price, which equates to a 36.4% buffer. Here's MU's current chart. That's all for now. Continue to hold all other open positions as-is. Contact me here with fills, comments, questions or concerns. Have a great weekend! Regards,
Lee Let's Grab That Cash!