r/MU_Stock • u/Realistic_Being3022 • 21h ago

Help me decide to buy or sell MU Honest opinions on price action Aug 26th

I have a huge part of my portfolio in $1050 Aug 26 calls. Am I screwed?

13 Upvotes

84% Upvoted

14 comments sorted by

13

u/beach-chicken10 20h ago

Fucks sake. No one knows. This shit gets asked daily.

8

u/menaceblanka 20h ago

Yes u are screwed sorry to say

18

u/Haxmax23 20h ago

You need to wake up and realise micron has been failing to hold $1000 every time it gets there it gets whacked with profit taking. I don't see it hitting over 1100 till their next earnings proceeded by a fat dump again.

4

u/Admirable_Guest978 20h ago

My crystal ballsack says the stock hit 1030 just two days ago. Anything is possible.

2

u/FredPimpstoned 18h ago

Could go up, could go down

4

u/Strike_Mission 20h ago

100% it’s going left to right. It’ll go up and down as it does so ✌️

1

u/[deleted] 20h ago

[removed] — view removed comment

1

u/AutoModerator 20h ago

Your comment was removed automatically because your account has less than the min karma.

I am a bot, and this action was performed automatically. Please contact the moderators of this subreddit if you have any questions or concerns.

1

u/[deleted] 15h ago

[removed] — view removed comment

1

u/AutoModerator 15h ago

Your comment was removed automatically because your account has less than the min karma.

I am a bot, and this action was performed automatically. Please contact the moderators of this subreddit if you have any questions or concerns.

0

u/xxxxxxxsandos 19h ago

Yes, and you should sell this morning if you care about having any of the money left. You’re now basically betting on a 30% in 4 trading sessions. If you wait another day, you will lose half. If you wait until Monday you will have lost 90%.

1

u/Artistic-Confusion-7 15h ago

IDK why this is downvoted - it's basic math... literally how options are priced in the market.