### Comment:
It really comes down to guidance, assuming Papa Sanjay isn’t lying to us, and given the price action on chips it’s probably going to be weak.  They very well could crash and burn and you will make out like a bandit

### REPLY:
Remember, every quarter the share price stays at 30's is another day, they reach closer to book value. Its super dangerous to buy puts against MU now. its like GE and SNAP, they've been hit so hard, that it cant go much lower without bankruptcy.

### END.