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Barchart
Barchart
Mark R. Hake, CFA

Micron Technology Stock Has Unusual Options Activity - a Bullish Signal

Today, a large tranche of out-of-the-money (OTM) put options traded in Micron Technology (MU) stock. Given the recent pullback in MU stock, this is a bullish signal for investors and a good income yield play.

This options play can be seen in the Barchart Unusual Stock Options Activity Report for Wednesday, Jan. 29.

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