The Rational Trader: Ringing the Register With Micron
JD explains why Micron’s hype-driven rally set up a simple mean reversion play: selling the $200 call into earnings, hedged with higher strikes for defined risk.
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JD explains why Micron’s hype-driven rally set up a simple mean reversion play: selling the $200 call into earnings, hedged with higher strikes for defined risk.
Read MoreJD explains how a zero factor score led to a missed entry and a bad fade — until Nvidia’s $100B shock forced a reset. Tomorrow, he’s eyeing Micron for a setup.
Read MoreJD walks through two earnings trades — FedEx and Micron — that paid off using his Mean Reversion Cash Machine. No guesswork. Just stretched setups and fading premium.
Read MoreMicron (MU) is set to report its second-quarter earnings today after markets close.
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