Call optoins on Micron Technology (MU) are seeing aggressive buying, with 14,000 calls traded, compared to only 566 puts. Sentiment is 93 percent bullish. Stock is up 4 cents to $6.54. Amtech reiterated buy ratings on Intel (INTC), AMD (AMD), and MU this morning. Micron earnings due out in early April.
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Frederic Ruffy is a well-known trader, writer, and strategist who has spent years educating investors and creating intelligent, insightful, unbiased market observations that are frequently cited by the Wall Street Journal and other financial publications. As senior analyst, Fred provides frequent and regular notes and daily updates for activity of interest.