$MU HIT MY $1,100 TARGET
I called $Micron Technology(MU)$ to $1,100 when it was still trading in the $900s.
I first posted the target on Sep 3 ahead of earnings, then repeated it on Sep 4, Sep 9, Sep 15 and Sep 17.
On Sep 25, MU printed $1,108.72 — five days before earnings.
🔥 +$159.28 per share
🔥 +16.8% from my original call
🎯 $1,100 TARGET: NAILED
Now the options tape is pointing to the next levels:
• 200 Oct 2 $1,100 calls → $510K premium
• 9,048 OI at the $1,100 strike
• ~$2.93M across long-dated $1,200 calls
• ~$6.18M in visible opening $1,000-call activity across Oct/Nov
The $1,100 target is done.
Now the question is how far the positioning can push the next leg. 👀
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