I hedged my bet on Micron (MU)...Wish I hadn't

Discussion in 'Stocks' started by Cabin1111, Mar 20, 2024.

  1. Cabin1111

    Cabin1111

    I own 200 shares of Micron. One I optioned for I believe June 24 $100, Don't remember what I got...Good option income and profit.

    The other 100 shares I have let ride...Would have, could have, should have!!

    I'll hold tight with the 100 not optioned...
     
    murray t turtle likes this.
  2. maxinger

    maxinger

    Do not commit suicide since you had made a mistake
     
    jmp1062-researcher and Axon like this.
  3. Cabin1111

    Cabin1111

    Not really a mistake...I do a lot of hedging on many stocks/ETFs.
     
  4. SunTrader

    SunTrader

    Why? What is wrong with owning a stock, unhedged, near alltime highs with earnings on the upswing?

    ! MU.png

    Then again you coulda, shoulda, woulda own Chipotle which just announced a 50-1 :wtf: split yesterday.
     
    murray t turtle likes this.
  5. %%
    SINGLE stock$ for sure have much more risk+ reward sometimes ;
    SPY,QQQ. Fidelity 500/Vanguard 500 ,QQQ componenent may have less risk LOL.
    I usually dont carry toW truck type insurance for many years; but 2o23 stared back;
    good thing $250 tow truck charge.
    I like SPXS + such to somewhat insure SPY + related , sometimes .
    An Eskimo needs a Frigidaire like i need thier Medicare;
    a polar bear needs a Frigidaire like I need their Medicare /
    LOL G Jones Song DONT Need /No Rockin' Chair with Pig Robbins on Piano+ flair >3,877,777 vVolume hits:D:D
     
  6. nitrene

    nitrene

    I'm surprised MU did so well. If you look at the RAM prices it is still pretty low. You can get 128 Gb of DDR4 RAM for $200. DDR5 RAM is about twice that but still a lot less than 2021. The PC cycle hasn't even begun yet so they probably go a lot higher.
     
    murray t turtle likes this.