MU Options History — June 2010

In June 2010, MU traded between $8.38 and $10.02. ATM implied volatility averaged 52.4%, placing in the 37.1% IV rank vs the trailing year. The 30-day expected move averaged 15.0%. IV traded below realized volatility by 8.6% (HV 20d: 61.0%). Max pain ranged from $8.00 to $9.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 14 of 22 days. Put/call ratio averaged 0.59.

Notable Days

  • 2010-06-29: Highest Volume — 93,163 contracts
  • 2010-06-07: Largest IV spike — 21.2% change
  • 2010-06-07: Highest IV Rank — 60.0%
  • 2010-06-07: Largest Expected Move — 17.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$9.23$8.38$10.02$8.66$8.49
Max Pain$8.14$8.00$9.00$9.00$8.00
ATM IV52.4%46.7%66.0%57.1%53.8%
Expected Move15.0%13.4%17.5%16.4%15.4%
HV 20d61.0%55.0%75.9%59.2%73.0%
HV 60d54.4%51.2%62.3%51.2%62.0%
IV Rank37.1%26.9%60.0%44.7%41.4%
IV Percentile41.8%20.2%87.7%59.9%49.6%
Term Structure1.9%-3.8%6.7%-0.6%2.0%
VWIV53.3%47.4%60.1%60.1%50.4%
Skew 25d6.5%-0.3%10.4%10.1%5.2%
Skew 10d13.8%4.2%21.2%20.3%11.1%
Call IV 25d51.2%44.3%56.9%55.4%50.8%
Put IV 25d57.6%52.1%66.5%65.5%56.0%
Bid-Ask Spread %3.452.544.353.532.82
Gamma HHI0.210.150.570.200.15
Net GEX5.7M3.0M15.9M3.0M3.9M
Net DEX-180.6M-303.2M-54.1M-93.0M-54.1M
Net VEX-1.7M-1.8M-1.5M-1.6M-1.5M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.590.103.430.101.22
Total Volume41,071.45510,59493,16341,71056,110
Total OI940,158.909824,4191,040,676824,4191,040,676

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2010-06-01$8.66$9.0057.1%16.4%59.2%44.7%60.1%10.1%-0.6%3.0M-93.0M-1.6M0.103.53N/AN/A38,0573,653608,227216,192
2010-06-02$9.18$9.0051.7%14.8%62.3%35.5%52.6%9.3%3.1%4.2M-149.8M-1.7M0.124.20N/AN/A9,5011,093637,214217,140
2010-06-03$9.24$9.0046.9%13.4%61.6%27.3%47.4%8.5%3.7%4.5M-152.5M-1.7M0.103.07N/AN/A40,1493,909637,896217,138
2010-06-04$8.86$8.0054.5%16.1%60.0%40.2%58.3%8.6%5.0%4.3M-133.8M-1.7M0.364.35N/AN/A25,9799,469668,079217,565
2010-06-07$8.38$8.0066.0%17.5%62.8%60.0%58.8%10.4%2.9%3.7M-88.7M-1.5M0.224.19N/AN/A35,3807,695676,861220,379
2010-06-08$8.54$8.0053.6%15.8%59.3%38.8%58.0%9.4%5.1%4.3M-106.5M-1.6M0.203.57N/AN/A24,8534,992689,063219,581
2010-06-09$8.53$8.0050.4%14.5%58.4%33.3%52.8%8.4%6.7%4.6M-103.5M-1.5M0.224.00N/AN/A20,7884,539701,834221,555
2010-06-10$8.77$8.0050.3%14.4%55.5%33.1%54.6%8.3%6.5%5.3M-137.3M-1.6M3.434.12N/AN/A7,73026,529711,287220,852
2010-06-11$8.93$8.0049.1%14.1%55.5%31.0%50.0%6.4%3.8%5.6M-145.5M-1.6M0.234.05N/AN/A40,4639,488712,501232,521
2010-06-14$8.91$8.0049.5%14.2%55.0%31.6%50.8%5.9%4.0%5.9M-145.9M-1.6M0.183.08N/AN/A20,1203,623723,952234,117
2010-06-15$9.68$8.0046.7%13.4%61.9%26.9%48.5%5.3%4.0%6.8M-256.6M-1.8M0.184.17N/AN/A32,4645,953734,899235,245
2010-06-16$9.91$8.0048.5%13.9%62.1%30.0%49.0%5.5%3.1%7.2M-290.1M-1.8M0.272.54N/AN/A20,7745,690742,193237,606
2010-06-17$9.92$8.0049.0%14.1%61.8%30.9%50.6%6.5%1.5%7.8M-294.1M-1.8M0.553.13N/AN/A14,4327,895742,227238,639
2010-06-18$10.00$8.0047.6%13.6%60.8%28.5%48.8%5.7%3.1%15.9M-303.2M-1.8M0.152.86N/AN/A39,9575,985739,797240,588
2010-06-21$9.92$8.0049.6%14.2%60.7%31.9%49.6%4.9%-0.6%5.6M-258.4M-1.8M1.172.74N/AN/A33,06638,584685,099216,426
2010-06-22$9.64$8.0052.0%14.9%61.5%35.9%52.5%5.2%-0.8%5.4M-216.9M-1.8M0.263.76N/AN/A25,5816,538695,527242,121
2010-06-23$9.82$8.0052.5%15.1%61.7%36.9%53.7%6.0%-1.3%5.7M-247.6M-1.8M0.142.70N/AN/A18,2612,484709,742240,316
2010-06-24$9.62$8.0056.1%16.1%62.0%43.1%57.5%4.7%-1.7%5.8M-227.0M-1.8M1.043.03N/AN/A17,76118,499717,845239,820
2010-06-25$9.46$8.0059.6%17.1%55.2%49.0%57.7%4.9%-1.4%5.6M-211.9M-1.8M0.954.23N/AN/A16,43915,651730,665260,087
2010-06-28$10.02$8.0055.4%15.9%56.9%44.2%55.1%3.2%-3.8%6.2M-268.4M-1.8M1.062.74N/AN/A43,72646,549725,005263,552
2010-06-29$8.67$8.0053.5%15.3%75.9%40.9%55.6%-0.3%-1.6%4.4M-88.1M-1.6M0.853.04N/AN/A50,36742,796728,685292,782
2010-06-30$8.49$8.0053.8%15.4%73.0%41.4%50.4%5.2%2.0%3.9M-54.1M-1.5M1.222.82N/AN/A25,24130,869732,419308,257