MU earnings beat and now its sitting at VWAP after giving back some gains heres my take

mu reported yesterday and numbers were actually good. eps $25.11 vs 20.20 expected revenue beat guidance looks solid because hbm/ai memory demand is just insane right now. stock ripped after hours then gave most of it back today and landed right on daily vwap

thats literally the setup i look for after earnings

on daily chart the support zone from last week is around $135-138 area where it was consolidating before earnings if that holds on a daily close structure is still good for continuation

today it pulled into vwap midday and just kinda ground along it for a couple hours before buyers stepped back in thats what im watching for not just touching vwap but actually spending time there and holding. rsi on 4h is like 55ish so room to run not overbought yet

for options idk about buying naked calls here iv crush after earnings will wreck you even if direction is right. doing a call spread instead bought the 140 sold the 148 cheaper less vega risk still get paid if it grinds up

risk is simple if we lose $135 daily close im out setup broken dont need to overcomplicate it

not saying its going to $150 just saying this is how im playing it with defined risk instead of yoloing and hoping anyone else watching this one? where do you see resistance above

small position 140/148 call spread expiring next friday entered today