Micron Technology just released their latest earnings report, and it's safe to say they've knocked it out of the park. Despite the volatile market conditions, Micron demonstrated robust financial health, surpassing analysts' expectations on both revenue and earnings per share.
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Posted by SSSStephenwayne
24 Comments
Yet my calls are toast.
Their guidance was weak-ish (revenue midpoint estimate, a small raise in terms of EPS), so your weekly enjoyers are in peril.
Wtf is that dip then 🙁
Rip my calls
It’s no nvda
If your operating expenses exceed your income would you not have a net loss?
Still surprised at you seemingly surprised.
Ssshhh! We buy tomorrow at open
Buy the rumor, sell the news. How long have you guys been trading?
Glad I am just holding shares. I can wait this nonsense out. MM’s playing games.
tl;dr – bag holder looking for exit liquidity
I figured it out a while back: for MM controlled equities like MU.
You need to do calendars after ER.
You got to expose MMs to Vega risk. Sell the short term after ER and buy following week.This is unhedgable since it causes them to be short on the longer out expiry. This is called Vega risk. This forces MMs to bite the bullet in high enough numbers to just take the same position.
Alternatively if they try to move the price against your calendar, you’ve effectively made premium on selling a PMCC on the shorter expiry.
This isn’t some cheat code, you still need to be relatively close to calling high and lows, this just helps you so you don’t have to be exact down to the second.
Look at the run up. You don’t think earnings beat was priced in?
I bought 17k worth of calls i can see the market reverse like they did cava after there report or im screwed
capex is a huge reason. They’re spending a lot to build up their HBM production.
Sold out production until 2025
US propped up biz to replace TSMC
More energy efficient chips on the market with great margins
Revenue growth of 80% and strong EPS growth.
Buy the dip.
LOL a lot of regards on WSB like to compare Micron to Nvidia, it’s not even on the same playing field as AMD. They are a basic bitch supplier of basic chips, anyone can replace them, saying AI doesn’t make you an AI company.
Wait for 118
I will buy call tomorrow, fk Wall Street manipulation
Their guidance was slightly better than expected but people wanted to hear ai, cumming on titties, to the moon. And only heard we’re gonna slightly exceed expectations
This is why I hate this sometimes. You research and take a position. In this case you are totally right and they even beat whisper numbers. But yet it crashes. Makes no sense. Totally comfortable with taking losses when I’m wrong but hate taking losses when you feel you were right. Uggh.
Priced in out the wazzoo
Play long game friends, play the long game
Nowhere near 2018 revenues with smaller margins. Will always be a cyclical bitch but AI AI AI AI has people willing to buy anything related to NVDA.