$MU Options Iron Fly: Credit $3.85, Max Profit $385 on 2026-04-17 ๐ Contracts ๐ฏ Sell to Open: 1x $MU 2026-04-17 $420 Call @ $17.80 (Bid) Sell to Open: 1x $MU 2026-04-17 $420 Put @ $15.65 (Bid) Buy to Open: 1x $MU 2026-04-17 $425 Call @ $15.75 (Ask) Buy to Open: 1x $MU 2026-04-17 $415 Put @ $13.85 (Ask) Financials ๐ฐ Net Credit: $3.85 ($385 per spread) Max Profit: $385 (achieved at $420 at expiration) Max Loss: $115 (wing width $5 โ credit $3.85 = $1.15 โ $115 per spread) Breakevens: $416.15 and $423.85 Thesis ๐ง Neutral to slightly bullish on $MU as it trades with elevated IV (IV Percentile ~72.8%). Selling short-term premium with defined risk. Targeting rapid time decay into 1-week expiration. Happy to harvest the $385 credit if $MU stays between $416.15 and $423.85. Ready to exit if breake