MU · Semiconductors · Ongoing · 2026

Micron MU

Trading the swings in AI spending expectations.

Realized gains / losses as a percentage of portfolio: +0.5%

Shares and options combined · Trades through September 21, 2026

Thesis

I see Micron as a beneficiary of AI capital spending, with fairly solid demand behind it. I expect the market to stay jittery. Scares like DeepSeek can create opportunities when prices fall more than I think the news warrants.

Decisions

I traded Micron shares through several swings from June to September. On August 27, I also bought calls and closed them that day at a loss.

MUJuly 17 to September 25, 2026 · USD

Candles: hollow up · filled down● Buy■ Sell

Trade details

The chart shows share trades from July 17 onward. Earlier share trades were a June 24 purchase, a June 25 sale, and a July 8 purchase.

The option trade

I expected strong earnings to lift the stock, but I didn’t have a clear edge on the size or timing of the move. When the trade went against me, I cut my losses that day.

August 27, 2026 · Calls bought and sold
$940 strike · August 31 expiration
Average premium paid: $15.65 · Sold: $10.15
Option result: -35.1% of premium paid

Profits from the share trades more than offset the option loss across the available records.

Still on my radar

I’m willing to return when the price is attractive. I expect the market to keep creating opportunities while the AI spending outlook holds up.