Last month, I mentioned the China case impacting Micron, and presented a couple of hedges for the stock.
Since then, Micron is down about 9%, and there's been an injunction against Micron in China, though Micron argues the impact of it will be minor.
What could potentially have a larger impact on Micron is if the nascent trade war between the U.S. and China intensifies.
In light of that, I present a couple of updated hedges on Micron. I also present my site's updated potential return estimate for Micron over the next 6 months.