Micron have sold RAM for the next 4 years at current prices, so there are buyers expecting this to stay the same.
That means buyers have basically purchased options. If the price falls, they're underwater a little, but if the price spikes it protects them.
People do that all the time, and sometimes it doesn't pay off.
alt Hacker News
That means buyers have basically purchased options. If the price falls, they're underwater a little, but if the price spikes it protects them.
People do that all the time, and sometimes it doesn't pay off.