Micron Technology Inc. (MU) is the latest stock to hit a $1 trillion market cap.
The stock has been on a wild ride in 2026. It’s up over 190% this year, with price swings over 20% unfolding in a matter of days.
The bottom line?
Micron might be worth $1 trillion… but lately, it’s been moving like anything but a blue chip stock.
Scott Bauer even went as far to say Micron has been trading like a meme stock.
However, he believes the right trade could turn that unpredictability into attractive opportunities.
On the Schwab Network this week, Scott broke down the exact trade setup he would consider using to leverage the volatility Micron is exhibiting.
The analysis, insights, and strategies shared by Prosper Trading Academy’s coaches in Prosper Insider are strictly for educational and informational purposes only. All content reflects the personal opinions of the coaches and should not be construed as specific investment advice or recommendations. Any examples discussed are illustrative in nature and do not represent actual live trade signals or instructions to buy or sell securities. Trading involves risk, and individuals should carefully evaluate their own financial situation before making investment decisions.
Scott covers:
- Why he believes trying to pinpoint Micron’s next move could be a trap
- How he would consider trading Micron without picking a direction
- How this trade setup is structured to collect more premium than he would risk
- The upper and lower price boundaries that define where the trade could work
- What this setup could mean for traders who follow high-volatility names
