tech
January 16, 2026
Micron has been on a tear. How to take profits and generate income on the chipmaker using options
Jeff Kilburg breaks down how he's defining his risk in MU.
TL;DR
- Micron Technology's stock is performing exceptionally well, trading up significantly.
- The company has broken ground on a large memory manufacturing complex in Onondaga County, New York.
- Micron plans substantial investments in domestic memory manufacturing and R&D, projecting job creation.
- Micron has experienced substantial year-to-date and previous year gains.
- The stock's RSI indicates it may be overbought, but this is not currently impacting its upward trend.
- An investor is selling a defined-risk call spread to generate income, collecting $650 per spread.
- This strategy allows the investor to profit from the stock's movement while defining risk and maintaining upside potential.
- The investor is long Micron and has sold this specific call spread.
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