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Micron (MU) volatility elevated into shares pulling back on Q3 and guidance

July 1, 2016 6:31 AM

Micron Technology (NASDAQ: MU) is recently down $1.25 to $12.51 in the premarket after reporting less than expected Q3 results and guidance. July weekly call option implied volatility is at 168, July is at 59, August is at 52; compared to its 52-week range of 35 to 84.

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