MU

Longtimereader69

What options did you buy on MU? It did rebound but that gap up is crazy.

trade_thriving

honestly man i respect the comeback but idk if i'd call this a win yet? like yeah you recovered to breakeven but you basically just got lucky with MU calls after bleeding for 5 months. that's not really a strategy, that's just variance swinging back in your favor lol i've been there though - chased pennystocks hard in 2021 and thought every dip was a buying opportunity. lost like 40% before i finally admitted i had no idea what i was doing. the thing that got me was realizing i was just gambling, not trading. my take? if your gonna keep doing options you gotta actually learn the greeks and position sizing. i've noticed most people who get lucky once think they've cracked the code and then get demolished the next quarter. not trying to be a dick just saying be careful with that last bit of capital. maybe take some profits if your up again instead of going all in on the next thing? what ticker are you eyeing next? 👀

ShowerFriendly9059

MU. Always MU

Open_Obligation_1624

MU, SNDK Memory stock should take the most hit. predict double digit down

magic-grits

You gotta look at volumes guys. Ppl saying today was ppl buying the dip and FOMOing. MU volume was 41,000,000 today. Thats not retail activity. Idk why wallstreet is doing what its doing but this isnt bc your buddy Jeff made a dumb purchase. And if it drops tomorrow it isnt because hes panic selling. WS is in control right now, and yes, it makes no sense IF you compare price movements with Trump tweets over the past week. Obviously they are moving based on different indicators, or possibly different information.

Itsatinyplanet

MU too

BlitzComet95

*At the altar at my wedding* I’m choosing MU in every lifetime 🥺

Mediocre_Pangolin572

Instead of buying MU dip I was writing a bearish analysis on how the markets are cooked and it’s joever for the AI bubble. JESUS FUCKING CHRIST HAS RISEN NOW RAISE MY PORTFOLIO TO THE MOON. 

betarhoalphadelta

If SNDK disappeared tomorrow, the shortage would be even worse and MU, SK Hynix, Samsung, and Kioxia (admittedly their fab JV with SNDK makes it hard to understand how SNDK would disappear w/o Kioxia also doing so) would be printing even more money than they do today. SNDK is maybe 16% of the WW NAND supply last I checked, and via the JV with Kioxia it's probably 33-34%, so if both disappeared together it'd be insane. The moat is that NAND is an insanely technological business and ridiculously capital-intensive. Nobody is just going to wake up tomorrow and say "hey, I want to get into the NAND business!" It's like sure, bring $100B and 5-10 years, and we'll see. That said, the YMTC threat doesn't seem huge yet, but it shouldn't be ignored. But everything I see suggests they're still behind technologically, and catching up will take both time and CapEx that means it won't be measured in weeks or months...

betarhoalphadelta

I am bullish on SNDK, and I understand your thesis on the importance of memory/NAND. And the shortage is significant and isn't going away for a while. But I don't see that ($2000-3000 price target). The timeframe for that to play out would be more like 2+ years out, and I don't think investors are convinced the AI build-out and the current supply/demand balance will continue to get worse long enough to push there. Analysts I'm seeing are talking about EPS going to annualized $80+ for FY27 and maybe $100+ for FY28. But given the cyclicality of memory/NAND, and how many people in the industry and investors have gotten burned by memory cycles in the past... I don't see them giving 20-30x P/E to memory stocks. Right now (depending on where you're getting earnings estimates) SNDK is 8.00 P/E to FY27 earnings, and MU is an INSANE IMHO 3.69 P/E to FY27 earnings. The analyst note posted in the r/SNDK_Stock a week ago was modeling IIRC either 10x or 11x forward earnings. But I don't see 20-30x. So unless you're modeling earnings FAR in excess of where analysts are, I'm not sure that you get to $2K+. (Full disclosure--I'm long SNDK with 31.85 avg cost basis, but due to portfolio concentration, I'm looking for an exit strategy. I've currently got covered call positions for Jul 17 at $1000 strike. Trying to get out at a place premium+gains to where I am now to be net position neutral to above where I am right now after I pay the taxes.)

Informal-Composer226

I’m thinking similarly, holding shares on MU though. I like the dividend & starting to buy into the idea it’s not as cyclical as people think

Such_Coin

nice. my two ideas today were TSLA short and MU long. 1 out of 2 is not bad...

jonneh

I'm really bullish MU and SNDK but that MU selloff last Monday was so fucking brutal i can't make any sense of it and then to recover in 2 days.. wtf lol

Light_Like

MU will be 400 before end of week. Perhaps even by tomorrow. It’s too oversold.

Interesting-Rub4482

Bought another MU call. It seemed like a retarded idea and that’s why I did it. Gotta throw logic out the window when Trump is president

InvestAISavvy

Selling TSLA into MU is a rotation I can respect. Memory demand for AI infrastructure isn't slowing down and MU's been on a tear this year. The thing that would make me cautious on any new buys right now is this week's macro calendar. Fed minutes Wednesday, PCE Thursday, CPI Friday. That 178K jobs number from Friday hasn't been priced in yet because markets were closed. If CPI comes in hot, everything takes a hit regardless of the individual thesis. I'd be watching, not swinging big, until we get through Friday.

The-SecondAccount

$70 from the $500 I recently put in. All time I'm up less tho cuz I put a lot in when the price was higher. I initially heard about MU from Reddit, did some research and concluded that it's a pretty strong stock, so I invested (a bit late unfortunately, but hopefully the growth continues)

Fun-Snow1104

MU SNDK buying on dips.

BlitzComet95

MU 400 tomorrow?

MagicaIHalfDozen

You’re going to need to go to the indexes if you what better fills on flies, spreads even on tickers like MU are quite wide, with butterflies now you’ve got two of those to contend with. SPX, SPY, Qs going to be a lot better

king_of_all_retards

Sell my MU Apr17 420 calls?

Light_Like

MU could open at $400 tomorrow

shasta747

Low volume ass day, closing my MU put sell, thanks regards who bought them

UnObtainium17

Sold half my MSFT around Jan then sold all my VOO few weeks ago to scrape some cash, now i am in buy mode and moved the money to four stocks EMBJ, MELI, NFLX and MU. Still got plenty cash left and I might add a bit of MSFT at these levels. The reason i am hesitant on MSFT is because I have this feeling OpenAI ipo will be a dud and will drag the entire sector with it.

AlternativePlay3593

I tried the butterfly position on ticker MSTR ? is that the issue - meaning MSTR it is not Illiquid enough? does MU, SMH,IBM.ARM,SNDK will behave differently?

The-SecondAccount

I had 4k in cash at the time and decided to put like $500 in MU, wish I had put more in now tho

ShowerFriendly9059

Never sell MU

Autistic-Bot

Just go all in to $MU and $NBIS https://preview.redd.it/1wxlz75vdltg1.jpeg?width=1206&format=pjpg&auto=webp&s=9877a13612009eedf7800c8c6f645e697c93f450

Ok_Beginning_8126

A few days ago, a couple of buddies of mine suggested I pick up some MU shares; however, I was away on a business trip and too busy to act on it. As a result, those friends of mine ended up making a profit of several hundred thousand.

meforprezz

MU 400 would be cool

meforprezz

pump MU please

quokka1234567890

MU bear for the rest of the week. Switched from selling naked put to naked call

BiblicalAss

ready to give up on MU-

BlitzComet95

MU $400 eod

GuwopGOAT

MU locked in

SonOfLuigi

What a beautiful breakout by MU

callsonreddit

!banbet MU +4% 7d

trent_upscale

MU

YamRepresentative663

We keep winning but still not breakeven with MU. Pls do 10% more

Katahdinclimber

Holy shit. Good call. I'm still mad at myself. I had 15k worth of calls from like November 24 until like March 25. Was up and down between $80 - $110 the whole time. I got frustrated and sold and didn't buy back even when they were in the low 60's. I told myself "buy 40k worth of shares, sell half when it doubles, then let the rest ride for a couple of years." Talked myself out of that too and bought MBOT instead. MU makes me sad every time I see the symbol now.

yoloswaggggggggg

Not enough MU talk in here, probably going up 10%

sharkenleo

Time to jump back into MU?

No_Current3675

I don't get how bitches saw MU at 312 a few days ago and didn't buy.

GeneratedMonkey

I'm not sure MU will hit 500 by summer or ever

quokka1234567890

Good boy MU

quokka1234567890

Ye MU good

creativegambling

I know how you feel, I sold 100 shares of MU and 100 shares of SNDK on 4/2 thinking they would dump and I missed out on more than $6000 if I held till today

Bosto2025

No defensible moat. 27x forward PE is still way too high. Higher than meta NVDA and MU, all companies with far cleaner financials and huge growth potential.

ThetaFarmingRegard

MU shares may just get called away early $380 4/17

UsernameTaken_123

Bought MU at 370 and sold at 350 last week AMA

cryptopolymath

The FUD around $MU is insane

ten7four

MU 600 by may

cbusoh66

MU $500 by June

No-Improvement3164

MU too the moon Mango needs more Memory!

d33p7r0ubl3

Due to the current market conditions I haven't been holding anything overnight. Sold MU calls on Friday. Hurts to see it rip in overnight trading

OntologicalSquirrel

MU will be +20% EOD at this rate wtfffff

OntologicalSquirrel

MU +3%

Top-Acadia-1936

That’s a good one. MU CALLS MU CALLS MU CALLS!!

pdevo

I had 1000 shares of MU at $5.12 back in 2012. Panic sold at a loss when I was down like $100.

quokka1234567890

Selling naked puts on MU?

SonOfLuigi

I would assume anyone that matters in the market knows this already, which is why you saw companies like MU get battered.

Snail_OnA_Razorblade

$MU if it goes under 340. 330/335 would be next tranches. Take a nibble at each price point and then close it all at 370 by end of week.

katrav86

over half of my positions expire this fine week: (all are short positions, naked as they should be born). if we don't do 5% either way, thank you for your donation - whover bought this useless shit from me positions (puts were started when we were in deep panic, calls when it looked like we have some euphoria back when QQQ was 600) NVDA - 18 puts strike 150 AVGO - 10 puts strike 280-285 MU - 10 puts strike 290 NBIS - 40 calls strike 150 NVDA - 10 calls strike 195

quokka1234567890

I will be getting margin called. I have naked goog and MU put

CriticalAnybody6686

DCA’ed to 23 avg. Love how MU and SOFI triple beat every report yet get shafted.

be_o3

Which way MU now 

poopermacho

Up 20% ytd, NBIS, WDC, MU being my biggest winners.

Level10Retard

I agree with your P/E take when talking about MU, but c'mon, it's MU story is very different than e.g. Google's. RAM and GPU are cyclical until they're not. These AI companies "overbought" like crazy, right? Yet, they experience overload errors quite often. How are they getting overloaded if it's just hype and nobody is using AI? You also didn't address my other points.

Briack89

My calls and leaps on MU doesn’t feel good now

king_of_all_retards

Im here because Im addicted to options trading and retardness MU Apr17 420 calls will print?

BlitzComet95

I guess I’m just gonna buy MU and SNDK calls everyday since it always goes back up

Then_Alternative_558

I had 2k shares with a cost basis of $98 last time I owned MU. Sold right after it broke $100 way too soon but it was initially a swing.

AnujisBerg

Damn now you got me thinking MU calls

dosekis

I started day trading back in 2016. AMD, MU, NVDA, TSLA, on and on and on over the years. To think all the time and stress would’ve been better spent just investing and holding. But where’s the fun in that.. this is a casino.

AdditionalMany1292

I lost 30k on MU options in 2017 if I just bought shares it would be worth 300k + dividends 🤡

option-trader

I have been calling for it higher based off its estimated net income potential. Estimates for MU's net income is now at $63B for 2026 and $105B for 2027. Based on a p/e of 10, that should be a market cap target of $1.05T putting shares around $930.

marclongtx

Would have had better luck with $USO, $MU, and $SNDK

Hot_Writer3690

Same because of trump tariffe I had 500 share which I have sold for 1000$ profit and then MU went to moon …… otherwise I would have recovered my trading losses 😑

Special-Shirt-9728

Yes maybe. But if MU has 100% upside then SNDK has 200% upside. If you look at the last few months SNDK performs twice as much as MU.

Itsatinyplanet

Same - MU at $55 circa 2017. Its sat in my account like a red-headed step child, reeking of disappointment for so many years. I think it could reach $500 by Christmas.

Thepandashirt

Fuck you and congratulations. I have 2 MU call spreads to numb the pain a little. Bought them a few days ago and already rolled them once for 40%.

WayDry848

I remember swing trading MU in college, cashing out big at 14$

Thepandashirt

I believe it but not till 2030. The bubble pops before then imo. A least 2 more years of this is my expectation. Maybe more. Who knows we’re all just guessing. I have some MU call spreads I bought a few days ago around 325. Already rolled once at 40% profit.

Chidling

MU has as much upside too.

Chogo82

Time to buy some MU

jaybezel

Yeah, I sold 25 shares of MU at $81 in 2021. Sucks

Gladiz1972

I traded MU like 30-35;years ago lost plenty of money on it and if I would held those 2k shares ?

bemeandnotyou

MU after Op buys back on Monday https://preview.redd.it/m7e7cb06c7tg1.png?width=225&format=png&auto=webp&s=565f71e15f35e9831a01ac9761b9f5f849f2b623

IntergalacticBurn

Something something "Being early is also being wrong." It happens to the best of us. Most people didn't know that AI would blow up until after long after the 2025 April tariff low. A lot of the ten baggers from penny stocks came after 2026 started. Don't beat yourself up over it. And now that MU has pulled back significantly, you have another chance to start again.

ed_zix

Thank you! What do you think of MU/SNDK at these levels? Looking to add AMZN at current levels too

Smoke6969

I've been using Profits Unlimited since 2018 and the returns are real. MU up 777% since recommended

AdAny631

I would go with $EWL (Korean ETF) puts or credit call spreads simply because of the high exposure to Samsung and SK Hynix. Almost half the ETF is made up of those two companies. Memory demand seems to have peaked. For example, when I look for a memory cycle bottom or top it is paradoxically a low PE 3-5 range indicating a top since it’s a cyclical commodity. This is due to multiple reasons, the insane gross margins they are currently selling hardware at (80%+), future demand and CapEx spending. The time to sell MU or memory in general is ignoring the PE and focusing on Price to Sales (P/S). If you see a P/S above 8 it’s usually time to exit or put in a stop loss. Currently MU is trading at a TTM of ~6.5-7 after the recent correction. This is 160% over the 10 year median. The time to buy is when the P/S gets to 2-3 and excess inventory is cleared out and gross margins will be low, allowing expansion into the next cycle. Any AI nerds coming at me saying this time is different, hahahaha.

moldyjellybean

I think OP is delusional I used to work in this field. When AMD was $1.80 I wrote about this https://np.reddit.com/r/AMD_Stock/comments/9v1n6f/amazon_web_services_aws_pricing_amd_vs_intel/e994dka/ When SMCI was pumping from $70 to $1100 I wrote about how this was an obvious scam, fake numbers, no real AI tech. https://np.reddit.com/r/wallstreetbets/comments/1bw9c8l/goldman_sachs_and_morgan_knowingly_offering_scams/ The numbers the stock market are pushing out is basically Enron like to keep jacking up the numbers. Can the market keep pumping, possibly. There’s a lot of issues and when it goes I can see flash crashes of 40%. Do you think stocks that run up 1000% aren’t going to crash there have been days where on no news stocks like MU and SNDK have gone up 10%+ much like SMCI used to do 2 years ago.

John_the_IG

I hold 11 stocks, almost all of them growth stocks. I look at a bunch of indicators. I bought MU last fall, rode it up 160% in four months until the P/E ratio got too expensive for my taste. It’s not that I automatically stop buying at a certain standard point - sometimes I keep buying, sometimes I let cash build up. But when a stock I believe in drops, I’m buying. For example, I initially bought NVDA at a split-adjusted $3.50, and have bought more at every dip.

be_o3

Anyone bullish on MU

be_o3

MU

Possible-Pirate9097

Thanks! Yeah I think DGXX will recover and really like Nebius too. Have a look at posts by the user retiredportfoliomgr on reddit - I found out about him because of BW getting a contract with APLD (he was/is big on BW) but he has good writeups on NLST. I like GLXY too. If you're buying shares, you won't go wrong. Ones I'd keep an eye on for the short term are FSLY, UCTT, BKSY (like you said), KOS, MU, WDC and BW.

Rinolboss

Can MU go to 600? Pls someone make dd for me

be_o3

Why is MU down more than SNDK :/

option-trader

As you should be long during the pump. Just watch the market recover from Trump's speech on Wednesday night should tell any smart trader that the market was looking for any single good news to pump. It just so happened to be the Iranian Hormuz toll that did it. Although it would still be a 50/50 game, the market was leaning to the upside. I had a solid chunk in long positions from FLY, PL, MU, MUU (short term MU play), ESE, CIEN, and then I hedged it with USO and UCO Wednesday afternoon. I use Schwab for my stock positions, and I sold out of all the long except for 1/2 MU position, and 1/4 ESE position while still holding USO and UCO. Adjusted hedge by selling UCO at $40.30 also in premarket. At the open when it was clear the market was not going to drop anymore (I watched MU open around $340 and did not drop below that premarket $339 level), I bought them all back. Some of them like MU, I sold at $352 in pre and bought back the same amount at $348. Same with MUU selling at $129 and buying back at $127. I got ESE back at the exact price. There were a few like FLY and PL where I bought them back higher than my exit (PL exit at $29.5, bought back at 31, and FLY exit at $28, and bought back at 29.3). Also exited USO at $138.15 by 9:45am. Sure, there were a lot of adjustments, but it paid off as all the long positions are in the green while both hedges were also green. If anything, anyone wanting to 0dte index trades should be looking at a surprise rally instead of a surprise selling.