### Comment:
Damn, that's what I get for reading quickly in a meeting. 
  
 &gt;If you did expect a 5-10% move, the correct play would be a long straddle in October, the expected move is only $2.80 (6%). 
  
 If I had any more money to waste on MU I would probably do that.

### REPLY:
I just checked the price and I won't do it. IV is too high for me.

### END.