Micron is about $373 today.


Trailing P/E of 17.
EPS going to the moon.
Revenue exploding.
The AI memory cycle has at least a few more years. Getting in at 17x with that growth rate is compelling.
This one is volatile. You need a strong stomach. But the fundamentals do not lie.
The play:
- Buy small shares position
- Sell $300 puts fall 2027 expiry
- Buy $380 calls same expiry
The market prices in EPS growth beyond your contract.
That is why the duration works here.
Bumpy ride. Real setup.
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