User MM1966 explains the option strategy for $MU stock setting downside protection makes little sense:...Buying protection for the sake of buying protection makes no sense. You need to identify a catalyst or reason why you need the protection. If you think the Chinese situation is of concern, why go out till Jan 19? Shorten the horizon to much shorter and that will significantly reduce the cost of your hedge. User thotdoc says Micron is a buy and hold:If you believe we are at the beginning of the tech revolution related to AI, ML, AR/VR then buy and hold MU...no matter the blips. For me this is a longterm hold with true multi-multi-bagger potential. If what the CEO says is true about MU's future, and I believe him more than I believe talking heads and analysts, then over the next few years the SP multiple will rise as shares are taken off the market, as earnings continue to rise and as people stop believing the commodity cyclical narrative. Further, as MU emulates NVDA and SWKS in designing its chips with their customers needs in mind, Chinese commodity chips...if they come on line...will be selling to people who need only commodity chips. The future is in tighter and tighter integration of memory and processing. Commodity chips vs customized chips recapitulates Apple vs the rest of the phone manufacturers. We all know how that turned out...but some won't allow them selves to accept it.Note: Himax $HIMX is a VR/AR play. Microsoft has the Hololens and Facebook has Oculus.