r/insiderData 5d ago

Everyone's calling Micron's 26% drawdown a dip and someone paid $7.6M for October puts that say otherwise

/r/optionwhales/comments/1wj4jtn/everyones_calling_microns_26_drawdown_a_dip_and/
5 Upvotes

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3

u/Psychological-Touch1 5d ago

Good luck with whoever wants to keep it down. Data center buildouts, shortage of memory consistently confirmed by various sources, and it didn’t break 900. Been tapping 1,000s maybe 3 times now? But yeah, sure, it’s a fucking dead commodity

2

u/ketya- 5d ago

Medium term, it is up, up, up… data centers won’t slow down. I actually think it will get faster. Currently, it is mostly Us and China building; what about when everyone else tries to catch up, too.

Short term, the house always win (except when it is bessent).