MU Options History — October 2009

In October 2009, MU traded between $6.79 and $8.91. ATM implied volatility averaged 54.0%, placing in the 7.8% IV rank vs the trailing year. The 30-day expected move averaged 15.9%. IV traded below realized volatility by 8.7% (HV 20d: 62.7%). Max pain ranged from $7.00 to $8.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 16 of 22 days. Put/call ratio averaged 0.55.

Notable Days

  • 2009-10-16: Highest Volume — 52,144 contracts
  • 2009-10-15: Largest IV spike — 33.3% change
  • 2009-10-30: Highest IV Rank — 14.3%
  • 2009-10-02: Largest Expected Move — 18.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$7.87$6.79$8.91$7.51$6.79
Max Pain$7.91$7.00$8.00$7.00$8.00
ATM IV54.0%39.0%65.4%64.8%61.8%
Expected Move15.9%13.5%18.8%18.6%17.7%
HV 20d62.7%56.7%68.0%57.2%66.9%
HV 60d51.3%46.9%56.3%48.4%56.3%
IV Rank7.8%0.0%14.3%11.9%14.3%
IV Percentile10.3%0.0%25.0%21.4%25.0%
Term Structure1.6%-4.8%7.2%-4.8%-1.2%
VWIV55.4%47.3%64.9%64.9%62.7%
Skew 25d4.4%-7.3%11.1%-7.3%3.8%
Skew 10d9.0%-22.7%28.5%-18.0%1.5%
Call IV 25d53.3%47.4%68.5%68.5%60.5%
Put IV 25d57.8%46.4%64.3%61.2%64.3%
Bid-Ask Spread %12.667.8621.919.478.98
Gamma HHI0.240.160.500.210.18
Net GEX1.7M1.1M3.2M1.4M1.2M
Net DEX-102.7M-174.0M-52.1M-84.4M-56.4M
Net VEX-467.3K-597.4K-363.1K-363.1K-565.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.550.101.690.911.06
Total Volume20,549.5915,08452,14419,5956,272
Total OI435,877.818360,317476,351402,464476,351

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2009-10-01$7.51$7.0064.8%18.6%57.2%11.9%64.9%-7.3%-4.8%1.4M-84.4M-363.1K0.919.47N/AN/A10,2459,350265,997136,467
2009-10-02$7.46$7.0065.4%18.8%56.7%12.3%62.1%3.9%-4.0%1.4M-77.8M-365.1K0.5410.27N/AN/A7,0563,810266,374141,503
2009-10-05$7.97$8.0060.4%16.9%60.7%9.0%59.6%7.4%2.7%1.5M-106.0M-377.6K0.5721.91N/AN/A14,9788,574269,452143,047
2009-10-06$7.89$8.0053.9%16.5%58.0%4.8%56.8%7.9%3.2%1.7M-106.8M-389.1K1.6917.87N/AN/A6,02610,168277,541140,231
2009-10-07$8.22$8.0051.6%16.0%59.7%3.3%57.0%9.1%7.2%1.8M-124.8M-383.5K0.5614.54N/AN/A7,6954,303277,413140,517
2009-10-08$8.22$8.0051.6%15.5%57.9%3.2%53.3%8.0%5.8%1.8M-126.9M-385.7K0.4318.03N/AN/A11,2474,825280,329142,726
2009-10-09$8.78$8.0043.3%14.5%60.9%0.0%54.6%8.0%3.1%2.1M-160.5M-397.2K0.3115.32N/AN/A19,2996,050286,814146,401
2009-10-12$8.88$8.0055.5%16.1%61.0%7.8%57.2%5.7%0.1%2.4M-169.4M-406.8K0.3116.73N/AN/A18,6955,879294,089149,173
2009-10-13$8.66$8.0051.7%15.9%61.3%5.4%56.3%8.5%0.1%2.3M-158.1M-413.1K0.3812.11N/AN/A14,5655,523298,869150,312
2009-10-14$8.91$8.0039.0%14.9%60.3%0.0%53.3%8.9%2.2%3.0M-174.0M-430.0K0.3817.95N/AN/A15,1835,799308,526155,988
2009-10-15$8.65$8.0052.0%14.9%60.0%8.1%51.6%8.1%2.5%2.3M-155.5M-441.1K0.3815.33N/AN/A3,9541,517312,161156,285
2009-10-16$7.95$8.0055.0%15.8%67.5%10.0%54.7%9.7%4.1%3.2M-106.3M-422.7K0.378.02N/AN/A38,04014,104313,863157,613
2009-10-19$8.05$8.0051.9%14.9%67.4%8.1%51.8%5.3%1.5%1.3M-85.2M-440.4K0.1012.06N/AN/A25,8942,577243,245117,072
2009-10-20$8.03$8.0050.1%14.4%66.0%6.9%50.2%2.6%4.2%1.4M-90.9M-508.8K0.3011.83N/AN/A16,6585,044264,832118,786
2009-10-21$7.64$8.0047.0%13.5%68.0%5.0%47.3%4.9%6.2%1.4M-73.4M-493.9K0.1910.06N/AN/A40,3177,495276,452122,727
2009-10-22$7.60$8.0050.1%14.4%65.7%6.9%50.8%0.2%2.5%1.4M-77.5M-579.9K0.3710.45N/AN/A10,7083,984312,254128,464
2009-10-23$7.45$8.0052.1%15.0%66.0%8.2%49.5%-6.8%3.4%1.3M-72.4M-590.6K1.138.77N/AN/A4,8615,469316,270130,550
2009-10-26$7.38$8.0058.4%16.7%63.8%12.1%56.9%-7.0%-1.2%1.3M-71.2M-590.8K0.287.86N/AN/A24,6276,817318,246134,444
2009-10-27$7.05$8.0056.1%16.1%65.3%10.7%56.1%0.1%-1.2%1.2M-58.1M-583.5K1.089.52N/AN/A12,19313,160334,465138,102
2009-10-28$6.83$8.0057.5%16.5%65.6%11.6%57.6%5.2%0.6%1.1M-52.1M-556.1K0.3710.60N/AN/A3,7091,375339,401133,127
2009-10-29$7.25$8.0057.9%16.6%62.9%11.8%54.5%11.1%-1.0%1.4M-71.1M-597.4K0.3910.79N/AN/A10,1043,942339,564133,269
2009-10-30$6.79$8.0061.8%17.7%66.9%14.3%62.7%3.8%-1.2%1.2M-56.4M-565.0K1.068.98N/AN/A3,0443,228345,438130,913