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Fly News Breaks for September 13, 2017
MU, AVGO, TXN, AAPL
Sep 13, 2017 | 07:28 EDT
Credit Suisse analyst John Pitzer notes that Apple (AAPL) has announced four product updates largely in-line with expectations, and points out that semi companies in his coverage universe with exposure to Apple include Broadcom (AVGO), Micron (MU) and Texas Instruments (TXN).
News For AAPL;AVGO;MU;TXN From the Last 2 Days
MU
Nov 21, 2017 | 11:30 EDT
Large four-way spread in Micron as shares see strength. The stock up $1.19 to 52-week highs of $48.83 and 20K Jan 46 - 49 call spreads sold to buy 20K Jan 50 - 55 call spreads. 1c collected on the call condor and the activity likely rolls some positions opened 11/10 when 30K Jan 46 - 49 call spreads were bought to open for $1.25 with the stock at $43.95. The investor is closing two-thirds of that spread at $2.09 and opening a new position in Jan 49 - 55 call spreads for $2.08.
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