Micron (MU) Offering Possible 6.84% Return Over the Next 23 Calendar Days

Micron's most recent trend suggests a bearish bias. One trading opportunity on Micron is a Bear Call Spread using a strike $47.50 short call and a strike $52.50 long call offers a potential 6.84% return on risk over the next 23 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $47.50 by expiration. The full premium credit of $0.32 would be kept by the premium seller. The risk of $4.68 would be incurred if the stock rose above the $52.50 long call strike price.

The 5-day moving average is moving down which suggests that the short-term momentum for Micron is bearish and the probability of a decline in share price is higher if the stock starts trending.

The 20-day moving average is moving down which suggests that the medium-term momentum for Micron is bearish.

The RSI indicator is below 20 which suggests that the stock is in oversold territory.

To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here

LATEST NEWS for Micron

Will 5G Help Micron Technology Stock Soar Once Again?
Sat, 22 Aug 2020 12:45:00 +0000
Just when it looked like Micron Technology (NASDAQ: MU) had completed its turnaround, the memory specialist dropped a bomb on investors last week with a conservative outlook indicating a slowdown. Strong memory demand and an improvement in average selling prices (ASPs) were two solid tailwinds Micron was sitting on. Not surprisingly, Micron stock has pulled back of late.

Micron (MU) Stock Sinks As Market Gains: What You Should Know
Fri, 21 Aug 2020 21:45:09 +0000
Micron (MU) closed the most recent trading day at $42.66, moving -0.76% from the previous trading session.

Plagued by Chip Delays, Intel Stock Is Almost Cheap Enough to Buy
Fri, 21 Aug 2020 13:10:01 +0000
Ever since semiconductor chip giant Intel (NASDAQ:INTC) announced yet another delay on its next-generation computer processors, shares traded below the $50 line. Intel stock is still a great value buy, paying a dividend that yields almost 3% and at a price-to-earnings of 10 times, but astute investors are justified in shunning the stock despite favorable valuations.Source: JHVEPhoto / Shutterstock.com As long as Advanced Micro Devices (NASDAQ:AMD) takes Intel's desktop and server market share through Ryzen and EPYC, respectively, Intel looks unattractive. But Intel's Tiger Lake preview at Architecture Day 2020 gives shareholders hope.Intel's Ice Lake chips are 10nm, behind AMD's 7nm Ryzen 4000 chips. And 7nm CPUs are not ready until 2022 at the earliest. This gives AMD over two years in lead time. How might Intel catch up?InvestorPlace – Stock Market News, Stock Advice & Trading TipsTiger Lake is Intel's 11th-generation processor. It uses a new SuperFin transistor, a 10nm solution. Intel claims that a new SuperMIM (metal-insulator-metal) capacitor will give a five-fold increase in capacitance. In real-world terms, it will cut voltage and increase transistor and product performance. * 6 International Stocks to Buy for Impressive Returns Now The market's lack of higher buying in Intel stock in the last week suggests that investors do not care about the development. The stop-gap solutions will not stop AMD from taking its market share.Still, Intel is the favored chip supplier at retail stores. Lenovo (OTCMKTS:LNVGY), Dell (NYSE:DELL), and HP (NYSE:HPQ) usually feature an Intel-powered laptop or desktop at its online stores. A Closer Look at INTC StockIntel still has plenty of cash on hand and a big marketing budget. Conversely, AMD is the favored vendor for the do-it-yourself crowd and relies on word of mouth for sales. But as AMD's cash flow grows, its advertising budget will increase. Eventually, AMD advertisements will drive chip sales at a higher pace.Intel stock has a positive catalyst in the 10-nanometer product is only delayed but not canceled. As it ramps up the product refresh in late 2022 and 2203, it needs to minimize market share loss. It may lower its production costs and tweak its average selling price to remain competitive.The 14-nanometer product still offers customers decent power draw relative to the CPU's performance. Attractive prices will deter customers from buying AMD. This will hurt Intel's profitability in the near-term. Still, by slowing the market share loss, it will buy time. The product schedule slippage is double the previous delay forecast, at four quarters. Fair Value and Intel StockIntel has a fair value of $66. It scores a 94/100 on value (based on several metrics, including price-to-earnings and EV/EBITDA).Source: Chart Courtesy of StockRover.com Intel stock has a quality score of 99/100, based on metrics like net margin and return on invested capital (according to Stock Rover). Based on its future cash flow discounted to present value, SimplyWall.St thinks that Intel is worth $76.00.In the seasonality chart below, Intel is about to enter a period of upside starting in Sept.To trade to the $66 – $76 level, Intel will need a few quarters to win back investor trust. It can no longer miss deliverng on product milestones. A cyclical downtrend must end, soon.Micron Technology (NASDAQ:MU) CFO David Zinsner warned that its first-quarter revenue will miss the company's guidance. So, until the market works off a glut in DRAM and NAND chips, profit margins may lag for the major chip suppliers. Your TakeawayIntel is a near-term disappointment. Fortunately, the stock's big sell-off post-earnings created a steep discount for value-oriented investors willing to bet on a rebound. If Intel meets its revised timeline for 10nm and 7nm chip development, it will not lose much more market share from AMD.Intel is a well-established brand. Its success is critical for customers because the competition between it and AMD will keep desktop chip prices low. At affordable prices, everyone wins. Intel will enjoy higher unit sales and growth while customers get lower prices.Disclosure: As of this writing, the author did not hold a position in any of the aforementioned securities. More From InvestorPlace * Why Everyone Is Investing in 5G All WRONG * America's 1 Stock Picker Reveals His Next 1,000% Winner * Revolutionary Tech Behind 5G Rollout Is Being Pioneered By This 1 Company * Radical New Battery Could Dismantle Oil Markets The post Plagued by Chip Delays, Intel Stock Is Almost Cheap Enough to Buy appeared first on InvestorPlace.

Better Buy: Western Digital vs. Micron
Thu, 20 Aug 2020 16:45:00 +0000
Western Digital (NASDAQ: WDC) and Micron (NASDAQ: MU) both sell core components for PCs, servers, and mobile devices. WD is one of the world's top producers of HDDs (hard disk drives) and flash-based SSDs (solid state drives), and Micron is a leading vendor of DRAM and NAND (flash) memory chips.

The Zacks Analyst Blog Highlights: Intel, Advanced Micro Devices, Taiwan Semiconductor Manufacturing, Advanced Energy Industries, Micron Technology and Analog Devices
Wed, 19 Aug 2020 14:14:02 +0000
The Zacks Analyst Blog Highlights: Intel, Advanced Micro Devices, Taiwan Semiconductor Manufacturing, Advanced Energy Industries, Micron Technology and Analog Devices

Related Posts

 

MarketTamer is not an investment advisor and is not registered with the U.S. Securities and Exchange Commission or the Financial Industry Regulatory Authority. Further, owners, employees, agents or representatives of MarketTamer are not acting as investment advisors and might not be registered with the U.S. Securities and Exchange Commission or the Financial Industry Regulatory.


This company makes no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended in this email, and makes no representations or warranties concerning said company or entity’s compliance with applicable laws and regulations, including, but not limited to, regulations promulgated by the SEC or the CFTC. The sender of this email may receive a portion of the proceeds from the sale of any products or services offered by a company or entity mentioned or recommended in this email. The recipient of this email assumes responsibility for conducting its own due diligence on the aforementioned company or entity and assumes full responsibility, and releases the sender from liability, for any purchase or order made from any company or entity mentioned or recommended in this email.


The content on any of MarketTamer websites, products or communication is for educational purposes only. Nothing in its products, services, or communications shall be construed as a solicitation and/or recommendation to buy or sell a security. Trading stocks, options and other securities involves risk. The risk of loss in trading securities can be substantial. The risk involved with trading stocks, options and other securities is not suitable for all investors. Prior to buying or selling an option, an investor must evaluate his/her own personal financial situation and consider all relevant risk factors. See: Characteristics and Risks of Standardized Options. The www.MarketTamer.com educational training program and software services are provided to improve financial understanding.


The information presented in this site is not intended to be used as the sole basis of any investment decisions, nor should it be construed as advice designed to meet the investment needs of any particular investor. Nothing in our research constitutes legal, accounting or tax advice or individually tailored investment advice. Our research is prepared for general circulation and has been prepared without regard to the individual financial circumstances and objectives of persons who receive or obtain access to it. Our research is based on sources that we believe to be reliable. However, we do not make any representation or warranty, expressed or implied, as to the accuracy of our research, the completeness, or correctness or make any guarantee or other promise as to any results that may be obtained from using our research. To the maximum extent permitted by law, neither we, any of our affiliates, nor any other person, shall have any liability whatsoever to any person for any loss or expense, whether direct, indirect, consequential, incidental or otherwise, arising from or relating in any way to any use of or reliance on our research or the information contained therein. Some discussions contain forward looking statements which are based on current expectations and differences can be expected. All of our research, including the estimates, opinions and information contained therein, reflects our judgment as of the publication or other dissemination date of the research and is subject to change without notice. Further, we expressly disclaim any responsibility to update such research. Investing involves substantial risk. Past performance is not a guarantee of future results, and a loss of original capital may occur. No one receiving or accessing our research should make any investment decision without first consulting his or her own personal financial advisor and conducting his or her own research and due diligence, including carefully reviewing any applicable prospectuses, press releases, reports and other public filings of the issuer of any securities being considered. None of the information presented should be construed as an offer to sell or buy any particular security. As always, use your best judgment when investing.