July 8, 2026, 11:37 AM EDT. Micron Technology Inc. (MU) opened new options for July 15 expiration. The $935 put, about 1% under MU's $942.84 last, is bid at $45.05, setting up a $889.95 cost basis if sold-to-open, with a 56% chance to expire worthless. That's a 4.82% yield on cash. The $955 call, about 1% over spot, shows a $48.55 bid. Selling it would mean giving up MU at $955 if exercised, for a 6.44% return with the premium. Both strikes draw traders looking for income or a price move as MU holds its range.
