MU Word Sense - Wallsti

"SHORT" - highly voted

MICRON TECHNOLOGY (MU) DD AHEAD OF EARNING REPORT. 2024-06-16T19:36:31+00:00 22 wallstreetbets

In comparison, a position is taken in the August 135Cs, projecting a slight drawdown of 6% to around the 21D EMA.
The entry position would be around 10.57, and again, if the stock moves 25-30 dollars like we want it to, those contracts will be worth around 25-27.00 per contract, in addition to having 50 days to continue holding if you'd like to capture more upside if the earnings report blows out expectations, versus having 9 days.
The cost is a bit higher, and the gains may be slightly less or comparable, but the odds of retaining capital is greater if the report isn't as good since you have more time for the stock to recover.
Sure, they're cheaper and you get the benefit of more upside for less, but you put yourself in a riskier position if the stock trades sideways or has a slight drawdown leading into earnings.
The report might be good, but the move you want may not happen, or it may not go up enough in time to compensate for how short dated your contracts are.

Daily Discussion Thread for June 24, 2024 2024-06-24T12:35:24+00:00 9 wallstreetbets

- A request for stock picks got heavily mocked, someone got chewed out for ignoring the morning news, and the topic of AI got some members making crass jokes.
- Posters discussed a recent plane incident and joked about companies they would short as a result.
Many rushed to criticize each other's travel arrangements and sexual prowess.
There was also a long discussion on Elon Musk's sexuality, apparently sparked by his refusal to deny being "queer".
# AI Discussion Summary - Some people are making money from NVIDIA tanking.

What Are Your Moves Tomorrow, July 9, 2024 2024-07-09T00:11:25+00:00 8 wallstreetbets

# AI Discussion Summary - Several people want to short the market, but one commenter mentioned what will probably happen if they do: "If you want to sell something, there has to be a buyer."
Unfortunately, another person pointed out that "Intel is a disorganized shitshow."
- One user made an astute observation that "Everything climbing.
MU pls don't be cringe tomorrow."
- Many people are concerned about the Fed Chair's upcoming testimony and what it could mean for the markets.

"SHORT" - recently

Daily Discussion Thread for December 19, 2024 2024-12-19T12:45:43+00:00 3 wallstreetbets

Looking like a prime opportunity to go short if this holds past the economic data coming up and goes higher, bonds still in free fall, Dollar going green, USDJPY surging, and MU -15%.

What Are Your Moves Tomorrow, October 16, 2024 2024-10-16T08:33:05+00:00 2 wallstreetbets

NVDA, INTC, APPL, QCOM, AMD, AVGO, MRVL, MU, Samsung, your phone/PC/PS5, just a short list of many who are properly fucked without ASML.

What Are Your Moves Tomorrow, October 16, 2024 2024-10-16T01:58:06+00:00 2 wallstreetbets

I think $200 is an easy short term target, might be sluggish after that

"POSITION" - highly voted

Tesla: "In Q2, we produced approximately 411k vehicles & delivered approximately 444k vehicles." 2024-07-02T15:58:29+00:00 60 wallstreetbets

Exactly, any other company would tank hard, just look at Nike in the same position just a few days ago.

Dec 18th 2024 Market Crash Therapy Group 2024-12-19T05:52:51+00:00 33 wallstreetbets

Will probably be down 80k or so tomorrow at market open from all positions across all portfolios.
I was in the hole all this year and finally recovered, then didn't take profit.
And to top it all off, I'm doing pretty shit emotionally before the whole fed cut and MU earnings :/

MICRON TECHNOLOGY (MU) DD AHEAD OF EARNING REPORT. 2024-06-16T19:36:31+00:00 22 wallstreetbets

In comparison, a position is taken in the August 135Cs, projecting a slight drawdown of 6% to around the 21D EMA.
The entry position would be around 10.57, and again, if the stock moves 25-30 dollars like we want it to, those contracts will be worth around 25-27.00 per contract, in addition to having 50 days to continue holding if you'd like to capture more upside if the earnings report blows out expectations, versus having 9 days.
The cost is a bit higher, and the gains may be slightly less or comparable, but the odds of retaining capital is greater if the report isn't as good since you have more time for the stock to recover.
Sure, they're cheaper and you get the benefit of more upside for less, but you put yourself in a riskier position if the stock trades sideways or has a slight drawdown leading into earnings.
The report might be good, but the move you want may not happen, or it may not go up enough in time to compensate for how short dated your contracts are.

"POSITION" - recently

It's December, time for all the wash-sale questions 2024-12-19T23:57:07+00:00 2 wallstreetbets

I want to take my L on MU (shares) and put a portion of the remainder (about half) into options.
I don't want to wait 30 days, washed sale rule applies.
How would I calculate the cost basis of new option position and what tax write offs are possible??

Dec 18th 2024 Market Crash Therapy Group 2024-12-19T05:52:51+00:00 33 wallstreetbets

Will probably be down 80k or so tomorrow at market open from all positions across all portfolios.
I was in the hole all this year and finally recovered, then didn't take profit.
And to top it all off, I'm doing pretty shit emotionally before the whole fed cut and MU earnings :/

Daily Discussion Thread for December 09, 2024 2024-12-09T15:14:12+00:00 2 wallstreetbets

lol I was so fucking green last week on AMD, but decided to hold and instead closed my MU position for a decent gain.

"TECH" - highly voted

Why are people so confident about upcoming NVDA August earnings? 2024-07-27T16:49:02+00:00 22 stocks

Signs of good demand from FABless companies.
I wouldn't be surprised if newer areas build smart type cities like in Asia to have self driving.
Samsung, SK Hynix and MU saying memory is picking back up.
Meta and Alphabet's capex spend is still growing.
Big tech are spending over $100+ billion a year on capex.

Are you beating the market? 2024-01-25T11:05:57+00:00 16 stocks

Just keep an eye out for any newcomer tech company.
Hold only the tech stocks on the Nasdaq 100 minus CSCO, INTC, TXN, MU and GFS.
I know people don't want me to spill the secret sauce but it's this easy
TSLA doesn't count as tech, company has to be semiconductors or software-related.
People are going to be triggered (they know the truth deep down).

$800 to $4600 in 24hrs - Micron puts 2024-12-19T19:00:54+00:00 13 wallstreetbets

These puts were a no-brainer with [BofA warning about extended pressure on pricing and margins](https://finance.yahoo.com/news/micron-technology-see-extended-pressure-164132053.html).
But don't get too comfortable - MU's got some serious [AI potential with their HBM tech expected to hit $25B by 2025](https://beyondspx.com/article/micron-technology-inc-mu-powering-the-ai-revolution-and-delivering-exceptional-returns).
This company's got more bounce than my wife's boyfriend on a trampoline.

"TECH" - recently

$800 to $4600 in 24hrs - Micron puts 2024-12-19T19:00:54+00:00 13 wallstreetbets

These puts were a no-brainer with [BofA warning about extended pressure on pricing and margins](https://finance.yahoo.com/news/micron-technology-see-extended-pressure-164132053.html).
But don't get too comfortable - MU's got some serious [AI potential with their HBM tech expected to hit $25B by 2025](https://beyondspx.com/article/micron-technology-inc-mu-powering-the-ai-revolution-and-delivering-exceptional-returns).
This company's got more bounce than my wife's boyfriend on a trampoline.

What Are Your Moves Tomorrow, October 16, 2024 2024-10-15T20:06:53+00:00 2 wallstreetbets

Continue to be mad that I looked away and a 45% gain on MU turned into only +10% and that one off-brand tech stonk shit all over an entire sector

Why Is the S&P 500 so Bullish? 2024-09-16T14:05:09+00:00 2 stocks

Eventually one of the idiot goldbug bloggers I had followed had to admit that his goldbug stocks stank like shit, and started adding to his model portfolio the old tech stocks like MU that he had invested in in the late 90s.
Haha, I was still in the goldbug world back in 2012 when GDX was collapsing and gold was going down, and all the idiot goldbugs were going "wharrrrr but Obama and socialism and debt collapse and fiat Weimar Zimbabwe!"
The rest of the goldbugs moved, apparently, to cannabis stocks.
In March 2013, the big story was that Mila Kunis had been convinced by Ashton to dump her CDs and invest in the tech sector of the stock market.
Everyone said "haha shut up Meg, this is the stock market top for sure!

"PEOPLE" - highly voted

What Are Your Moves Tomorrow, June 27, 2024 2024-06-26T20:05:33+00:00 63 wallstreetbets

It sounds like people made some bad bets.
- Discord bans are an amusing topic for many traders but several others are choosing to embrace their imminent financial ruin, most likely with some rope.
# AI Discussion Summary - Everyone is very concerned about MU and NVDA.

Micron stock: an opportunity to upgrade to a strong buy after a sell-off 2024-12-21T07:52:58+00:00 16 stocks

I agree MU is a buy here, but I hope people remember a couple things; Micron is the poster child for semiconductor cyclicality and institutions will drop it very quickly at a hint of a cycle top.
Right now, I don't think that's happening because the cycle, really, is bouncing along the bottom with HBM the only bright spot with room for upside revisions.
This dude was saying at the peak in 2022 that there were no more chip cycles... you can't trust him 100% but the numbers don't lie and they their share in HBM is strong.

Are you beating the market? 2024-01-25T11:05:57+00:00 16 stocks

Just keep an eye out for any newcomer tech company.
Hold only the tech stocks on the Nasdaq 100 minus CSCO, INTC, TXN, MU and GFS.
I know people don't want me to spill the secret sauce but it's this easy
TSLA doesn't count as tech, company has to be semiconductors or software-related.
People are going to be triggered (they know the truth deep down).

"PEOPLE" - recently

Micron stock: an opportunity to upgrade to a strong buy after a sell-off 2024-12-21T07:52:58+00:00 16 stocks

I agree MU is a buy here, but I hope people remember a couple things; Micron is the poster child for semiconductor cyclicality and institutions will drop it very quickly at a hint of a cycle top.
Right now, I don't think that's happening because the cycle, really, is bouncing along the bottom with HBM the only bright spot with room for upside revisions.
This dude was saying at the peak in 2022 that there were no more chip cycles... you can't trust him 100% but the numbers don't lie and they their share in HBM is strong.

Am I doing options right? 2024-12-19T15:41:32+00:00 2 wallstreetbets

People that said MU and PL were gonna rocket after earnings, they bit missed and promptly plummeted to nothing.

Why is short-term investing considered gambling, while long-term investing is not? 2024-12-19T08:43:28+00:00 7 stocks

There were many big companies in the early 2000s that people thought would live forever and aren't even around anymore.
But trying to time a company month to month is almost impossible.
You may get a few lucky trades but eventually the market is going to win.
If it was a simple as buying low and selling high and buying when it came back down again everybody would be doing that.
People thought it was going to go up after earnings yesterday.

"HOLDING" - highly voted

MICRON TECHNOLOGY (MU) DD AHEAD OF EARNING REPORT. 2024-06-16T19:36:31+00:00 22 wallstreetbets

In comparison, a position is taken in the August 135Cs, projecting a slight drawdown of 6% to around the 21D EMA.
The entry position would be around 10.57, and again, if the stock moves 25-30 dollars like we want it to, those contracts will be worth around 25-27.00 per contract, in addition to having 50 days to continue holding if you'd like to capture more upside if the earnings report blows out expectations, versus having 9 days.
The cost is a bit higher, and the gains may be slightly less or comparable, but the odds of retaining capital is greater if the report isn't as good since you have more time for the stock to recover.
Sure, they're cheaper and you get the benefit of more upside for less, but you put yourself in a riskier position if the stock trades sideways or has a slight drawdown leading into earnings.
The report might be good, but the move you want may not happen, or it may not go up enough in time to compensate for how short dated your contracts are.

MU - Micron Technology - I don't understand? 2024-08-23T19:54:21+00:00 10 investing

If MU crushes earnings but ASML, NVDA, AMD, and SMCI all give bad guidance, chances are MU will be swiftly sold off.
You're paying a subscription for your contract and if you're wrong on the timing, you either have to take the loss or roll them over and keep forking money over.
The issue with this is that if you're wrong on the time then you have to wait quite a while while holding a decaying contract.
Sure it happens most of the time but if there is even a slight issue with the report, the market may sell off.
In short, you're handing money to the option writer every month.

Getting on the AI bandwagon 2024-06-18T22:13:09+00:00 8 investing

If your investment horizon is long enough to recover from drawdowns (at which point you buy more shares), it absolutely makes sense to supplement your index fund with individual stocks.
With VTI as my core holding (along with some non-tech heavy ETFs for balance), I've also held positions in AAPL, AMZN, GOOGL, MSFT and NVDA for years.
Currently also hold smaller positions in PLTR, AVGO, MU, CRWD, and SNPS (as well as a few non-tech stocks).

"HOLDING" - recently

r/Stocks Daily Discussion & Options Trading Thursday - Dec 19, 2024 2024-12-19T14:42:17+00:00 3 stocks

I feel like it is if you're holding long term.

What Are Your Moves Tomorrow, December 19, 2024 2024-12-18T21:33:31+00:00 4 wallstreetbets

I'm bag holding this crap for years now and seems like time to sell has come.

Weekly Earnings Thread 12/16 - 12/20 2024-12-13T21:32:45+00:00 2 wallstreetbets

I was holding MU this morning.
I bought at 98 and sold at open because it hit Wednesdays high which i selected as my take profit.
It dipped immediately and simply recovered back to the same level.
That's the third time stock has stopped ~102.5, imo pretty solid resistance.
I'm personally bullish though a good earnings call, and it could breakout.