I hedged my bet on Micron (MU)...Wish I hadn't

C

Cabin1111

I own 200 shares of Micron. One I optioned for I believe June 24 $100, Don't remember what I got...Good option income and profit.

The other 100 shares I have let ride...Would have, could have, should have!!

I'll hold tight with the 100 not optioned...
 
Cabin1111 said:
I own 200 shares of Micron. One I optioned for I believe June 24 $100, Don't remember what I got...Good option income and profit.

The other 100 shares I have let ride...Would have, could have, should have!!

I'll hold tight with the 100 not optioned...
More...
Do not commit suicide since you had made a mistake
 
Why? What is wrong with owning a stock, unhedged, near alltime highs with earnings on the upswing?

! MU.png


Then again you coulda, shoulda, woulda own Chipotle which just announced a 50-1 :wtf: split yesterday.
 
Cabin1111 said:
I own 200 shares of Micron. One I optioned for I believe June 24 $100, Don't remember what I got...Good option income and profit.

The other 100 shares I have let ride...Would have, could have, should have!!

I'll hold tight with the 100 not optioned...
More...
%%
SINGLE stock$ for sure have much more risk+ reward sometimes ;
SPY,QQQ. Fidelity 500/Vanguard 500 ,QQQ componenent may have less risk LOL.
I usually dont carry toW truck type insurance for many years; but 2o23 stared back;
good thing $250 tow truck charge.
I like SPXS + such to somewhat insure SPY + related , sometimes .
An Eskimo needs a Frigidaire like i need thier Medicare;
a polar bear needs a Frigidaire like I need their Medicare /
LOL G Jones Song DONT Need /No Rockin' Chair with Pig Robbins on Piano+ flair >3,877,777 vVolume hits:D:D
 
I'm surprised MU did so well. If you look at the RAM prices it is still pretty low. You can get 128 Gb of DDR4 RAM for $200. DDR5 RAM is about twice that but still a lot less than 2021. The PC cycle hasn't even begun yet so they probably go a lot higher.
 
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