AI SUMMARY — Trader is making a $50K bet on Micron (MU) across multiple options positions and shares, expecting a rebound after a blowout earnings quarter. Key risks include options expiration this week with $10K at stake, previous losses from March calls still underwater at ~50%, and earnings volatility.
| TICKER | MU |
USER | u/MarginCallson |
| RATING |
BULLISH |
ENTRY |
$1065.40
|
| POSITION |
79 sh
|
BOOK VAL |
$84322.51 |
| CURRENT |
$896.07 |
P&L % |
-15.89%
|
| CURR VAL |
$70920.66 |
P&L $ |
-13401.85
|
$50K on MU, $10K options exp this week, $25K longer dated options and some shares.
I played last earnings $25K in march calls (not included here) and it went up well but held onto it and currently sitting at \~50% loss. Doubling down expecting a rebound on this blowout quarter.