MU has been hitting new highs, so I decided to cash out and lock in my profits.
u/Ill_Revolution6 ·
Reddit — r/Vitards
· April 27, 2026 at 18:00
· ⬆ 10 pts
· 💬 9 comments
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AI Summary
Summary
The author describes closing a profitable MU 400C call option position ahead of expiration due to nervousness about upcoming macro events (Fed decision, tech earnings).
He announces he is locking in gains and now searching for the next stock poised to break out, but does not name any specific ticker.
The post is mostly a personal trade recap with no detailed analytical research or thesis for future positions.
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On April 7, I purchased 30 MU 400C call options as part of a long-term strategy. These options expire on May 1. As the expiration date approached and MU’s stock price continued to hit new highs, I began to feel a bit nervous. I decided to lock in my profits. Given the many major events coming up this week including the Fed’s interest rate decision (though the market expects rates to remain unchanged, who knows? This could be Powell’s last speech) and earnings reports from major tech companies I didn’t want to take any risks. I decided to lock in my profits while the stock price was at a high.
Looking for the next stock poised to break out
https://preview.redd.it/3ayo3pdi8rxg1.png?width=3000&format=png&auto=webp&s=036ddf157880b2fe2552b0b9cac4109de5473b02
I need to smoke some weed tonight.