Micron Technology (MU) was IBD's Stock of the Day on Tuesday and is the one of the best performing issues this year. Investors interested in taking some bullish exposure can do so with much lower risk through a bull call spread. A bull call spread is created through buying a call and then selling a further out-of-the-money call.
Extract — continue reading at the source.
Related stories
Why is the price of protein powder rising?
Palantir’s stock is heading for its highest close of the year, in a dramatic comeback
The ingredients for a financial reckoning are all in place
Businesses are growing at the fastest pace in over four years. Why war and inflation aren’t slowing the U.S. economy down.
McDonald’s is making a historic bet on chicken — and AI — to bring back customers
Fuel prices keep rising — and so do Democrats’ chances of winning both the House and Senate