---
title: "Does this combination work?"
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/42201451.md"
description: "Yesterday at Micron's 1025 level, I bought a 1150 call and a 900 put, both expiring on the 26th, with a spread of 125. Is this a reasonable hedge? How much does the price need to move for me to make a profit?"
datetime: "2026-06-25T14:18:47.000Z"
locales:
  - [en](https://longbridge.com/en/topics/42201451.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/42201451.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/42201451.md)
author: "[还原酶抑制剂](https://longbridge.com/en/profiles/18643928.md)"
---

# Does this combination work?

Yesterday at Micron's $1025 level, I bought 26th expiry $1150 calls and $900 puts respectively, with a spread of $125. Is this a reasonable hedge? How much does the price need to move for me to make money?

### Related Stocks

- [MU.US](https://longbridge.com/en/quote/MU.US.md)