Back to News
investment

Interesting MU Put And Call Options For April 10th

BNK Invest
Loading...
5 min read
0 likes
⚡ Quantum Brief
New April 10th options for Micron Technology (MU) began trading February 26, 2026, with notable put and call contracts identified via YieldBoost analysis. The $400 put option, trading at a $32.10 bid, offers an 8.03% return (68.19% annualized) if expiring worthless, with a 62% probability, lowering the effective cost basis to $367.90 per share. A $435 call option, bid at $34.70, presents a 16.38% total return if assigned, representing an 8% premium over MU’s current $403.60 share price, with a 51% chance of expiring worthless. Both contracts show 76% implied volatility, exceeding MU’s 12-month historical volatility of 64%, signaling elevated market expectations for price swings. The analysis highlights strategic opportunities for investors seeking income via premiums, with real-time odds tracking available for dynamic risk assessment.
AI Audio Summary
0:00 / 0:00
Click to play
Untitled design (38).png
Quantum News · Media Library

AAPL TSLA AMZN META AMD NVDA PEP COST ADBE GOOG AMGN HON INTC INTU NFLX ADP SBUX MRNA AAPL TSLA AMZN META AMD NVDA PEP COST ADBE GOOG AMGN HON INTC INTU NFLX ADP SBUX MRNA AAPL TSLA AMZN META AMD NVDA PEP COST ADBE GOOG AMGN HON INTC INTU NFLX ADP SBUX MRNA Markets MU Interesting MU Put And Call Options For April 10th February 26, 2026 — 11:10 am EST Written by BNK Invest for BNK Invest-> Investors in Micron Technology Inc. (Symbol: MU) saw new options begin trading today, for the April 10th expiration.

At Stock Options Channel, our YieldBoost formula has looked up and down the MU options chain for the new April 10th contracts and identified one put and one call contract of particular interest.The put contract at the $400.00 strike price has a current bid of $32.10. If an investor was to sell-to-open that put contract, they are committing to purchase the stock at $400.00, but will also collect the premium, putting the cost basis of the shares at $367.90 (before broker commissions). To an investor already interested in purchasing shares of MU, that could represent an attractive alternative to paying $403.60/share today. Because the $400.00 strike represents an approximate 1% discount to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the put contract would expire worthless. The current analytical data (including greeks and implied greeks) suggest the current odds of that happening are 62%.

Stock Options Channel will track those odds over time to see how they change, publishing a chart of those numbers on our website under the contract detail page for this contract. Should the contract expire worthless, the premium would represent a 8.03% return on the cash commitment, or 68.19% annualized — at Stock Options Channel we call this the YieldBoost. Below is a chart showing the trailing twelve month trading history for Micron Technology Inc., and highlighting in green where the $400.00 strike is located relative to that history: Turning to the calls side of the option chain, the call contract at the $435.00 strike price has a current bid of $34.70. If an investor was to purchase shares of MU stock at the current price level of $403.60/share, and then sell-to-open that call contract as a "covered call," they are committing to sell the stock at $435.00. Considering the call seller will also collect the premium, that would drive a total return (excluding dividends, if any) of 16.38% if the stock gets called away at the April 10th expiration (before broker commissions). Of course, a lot of upside could potentially be left on the table if MU shares really soar, which is why looking at the trailing twelve month trading history for Micron Technology Inc., as well as studying the business fundamentals becomes important. Below is a chart showing MU's trailing twelve month trading history, with the $435.00 strike highlighted in red: Considering the fact that the $435.00 strike represents an approximate 8% premium to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the covered call contract would expire worthless, in which case the investor would keep both their shares of stock and the premium collected. The current analytical data (including greeks and implied greeks) suggest the current odds of that happening are 51%. On our website under the contract detail page for this contract, Stock Options Channel will track those odds over time to see how they change and publish a chart of those numbers (the trading history of the option contract will also be charted). Should the covered call contract expire worthless, the premium would represent a 8.60% boost of extra return to the investor, or 73.05% annualized, which we refer to as the YieldBoost. The implied volatility in the put contract example, as well as the call contract example, are both approximately 76%.Meanwhile, we calculate the actual trailing twelve month volatility (considering the last 251 trading day closing values as well as today's price of $403.60) to be 64%. For more put and call options contract ideas worth looking at, visit StockOptionsChannel.com. Top YieldBoost Calls of the Nasdaq 100 » Also see: • Financial Stocks Hedge Funds Are Selling • ARCT Historical Stock Prices • OVT Historical Stock Prices The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Tags MarketsStocksOptions BNK Invest BNK Invest Inc. provides investment services and information. BNK Invest owns and operates a market news family of websites including DividendChannel, ETFChannel, StockOptionsChannel, and others, which make up an investor community featuring stock message boards, ratings, research, and strategies. BNK Invest caters to investing firms and individual investors internationally.

Financial Stocks Hedge Funds Are Selling-> ARCT Historical Stock Prices-> OVT Historical Stock Prices-> More articles by this source-> Stocks mentioned MU More Related Articles This data feed is not available at this time. Data is currently not available • Sign up for the TradeTalks newsletter to receive your weekly dose of trading news, trends and education. Delivered Wednesdays.

Read Original

Source Information

Discussion

0 professional contributions

Sign in to join this professional discussion.

Be the first to add a constructive contribution.