Downside Protection For Micron

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About: Micron Technology, Inc. (MU)
by: David Pinsen
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Summary

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.

Micron making steering wheels complicated (credit: Micron).

Micron: Speed Bumps Ahead?

At the beginning of last month, I posted hedges for Micron (MU), after noting its recent run-up, the Morgan Stanley (