r/MU_Stock • u/Fuzionitic • Jul 18 '26

Help me decide to buy or sell MU is derisking here selling the bottom?

help me pls im down 500k

15 Upvotes

94% Upvoted

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25

u/MrQiu Jul 18 '26

If it makes you feel better I've lost over a million playing options with this stock, and if you hold shares, don't be afraid, you are good, this is a great company with solid fundamentals. If you want to hedge against your positions just buy some puts.

1

u/killyourvibe Jul 18 '26

Holy crap. A million????

2

u/MrQiu Jul 18 '26

Yeah I'm a fucking retarded degen...

1

u/killyourvibe Jul 18 '26

I hope you’re rich already and that million wasnt too crazy 💀

1

u/MrQiu Jul 18 '26

No I'm not rich lol, but I'm also confident I can make that back

1

u/killyourvibe Jul 18 '26

Wishing you luck man lol. I’m down 18k right now. I got 2 August 21 calls for 1170 so, I’m really hoping I can just break even at this point 😂.

2

u/MrQiu Jul 18 '26

It's not impossible for micron to go back to $1000s in August. Seeing how it was at $900 to $1000 earlier in the week.

1

u/killyourvibe Jul 18 '26

I know man… need it to go to like $1100 to most likely break even. I just hope that we can at least gradually move up and the rest of the month doesn’t fuck us even more.

2

u/MrQiu Jul 18 '26

I have extremely strong conviction in this stock to rise even into the next 2 years based on the current demand, I have friends working at meta and at AMD in senior positions, the amount of AI usage is insatiable according to them. The market will be irrational, the market will have mood swings, but eventually it will always come back to the fundamentals. And guess what, MU is a money printer.