Micron Stock Trade Idea
Buy MU May $55 Calls and sell MU Apr $55 calls for a $1.20 net debit
Maximum risk on the trade is $1.20 per spread. Ideally Micron stock closes near $55 at April expiration to realize the maximum gain. The trade structure also allows selling additional shorter-term weekly calls if the April options expire worthless to harvest even more premium.
Source: https://finance.yahoo.com/news/time-throw-chips-pot-micron-135601938.html