MU Options History — June 2012

In June 2012, MU traded between $5.39 and $6.31. ATM implied volatility averaged 56.4%, placing in the 11.1% IV rank vs the trailing year. The 30-day expected move averaged 16.5%. IV traded above realized volatility by 6.6% (HV 20d: 49.8%). Max pain ranged from $7.00 to $7.00. Net GEX was positive for 0 of 21 trading days. Term structure was in contango for 13 of 21 days. Put/call ratio averaged 0.39.

Notable Days

  • 2012-06-29: Highest Volume — 162,036 contracts
  • 2012-06-29: Largest IV drop — 21.2% change
  • 2012-06-04: Highest IV Rank — 27.4%
  • 2012-06-04: Largest Expected Move — 20.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$5.79$5.39$6.31$5.45$6.31
Max Pain$7.00$7.00$7.00$7.00$7.00
ATM IV56.4%40.7%80.4%70.6%40.7%
Expected Move16.5%13.6%20.3%20.0%14.2%
HV 20d49.8%45.3%54.4%46.1%50.4%
HV 60d41.8%39.8%45.2%40.6%45.2%
IV Rank11.1%0.4%27.4%20.7%0.4%
IV Percentile43.0%1.6%84.1%73.0%1.6%
Term Structure0.7%-1.9%3.7%1.4%3.1%
VWIV58.8%49.3%68.3%68.3%55.0%
Skew 25d2.4%-3.2%23.1%0.6%23.1%
Skew 10d3.9%-14.5%77.9%1.7%77.9%
Call IV 25d60.3%51.4%70.6%69.1%57.7%
Put IV 25d62.7%50.7%80.9%69.7%80.9%
Bid-Ask Spread %4.673.217.514.683.21
Gamma HHI0.240.200.320.200.20
Net GEX-1.2M-1.6M-593.2K-1.1M-634.3K
Net DEX134.1M90.8M154.5M138.5M90.8M
Net VEX-906.0K-1000.0K-773.6K-945.6K-945.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.390.051.110.500.10
Total Volume25,898.7143,401162,03631,950162,036
Total OI1,091,319.9051,053,9051,120,7171,082,0661,090,106

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2012-06-01$5.45$7.0070.6%20.0%46.1%20.7%68.3%0.6%1.4%-1.1M138.5M-945.6K0.504.68N/AN/A21,35710,593547,175534,891
2012-06-04$5.39$7.0080.4%20.3%45.5%27.4%68.2%4.0%-1.4%-1.1M143.4M-909.8K0.457.03N/AN/A10,7284,856551,538536,506
2012-06-05$5.60$7.0071.9%18.4%48.6%21.6%65.3%3.3%-1.4%-1.1M137.5M-943.7K0.574.40N/AN/A8,3214,762556,328537,757
2012-06-06$5.75$7.0061.2%18.2%48.3%14.4%64.0%3.9%-1.9%-1.1M132.7M-970.2K0.593.99N/AN/A9,3665,505558,435538,105
2012-06-07$5.67$7.0055.7%17.5%47.6%10.6%64.0%0.6%0.2%-1.2M139.5M-943.7K0.133.48N/AN/A13,2481,726563,748539,188
2012-06-08$5.88$7.0053.5%17.4%49.8%9.1%63.7%2.4%1.0%-1.1M128.4M-1000.0K0.393.93N/AN/A5,1952,015569,403539,348
2012-06-11$5.71$7.0059.0%18.0%50.3%12.8%65.9%2.4%-1.1%-1.2M139.3M-929.4K0.134.05N/AN/A17,7102,241568,001539,414
2012-06-12$5.92$7.0054.2%17.9%51.9%9.6%62.4%3.5%-1.3%-1.0M127.4M-974.1K0.094.17N/AN/A17,8001,528578,996539,715
2012-06-13$5.86$7.0053.4%17.8%50.9%9.0%62.7%3.0%-0.3%-1.0M132.7M-957.7K1.115.02N/AN/A4,1574,607576,890539,036
2012-06-14$5.76$7.0060.9%17.5%50.4%14.2%62.9%3.1%0.7%-1.2M140.4M-924.7K0.294.67N/AN/A10,2872,991581,184539,533
2012-06-15$5.89$7.0058.8%16.9%49.9%12.7%59.5%3.3%1.1%-1.1M136.9M-935.7K0.645.46N/AN/A7,0394,474581,082538,600
2012-06-18$5.94$7.0055.1%15.8%45.6%10.2%56.3%1.7%0.9%-1.5M135.5M-908.6K0.444.52N/AN/A19,2558,517526,421527,484
2012-06-19$6.10$7.0055.8%16.0%45.6%10.7%55.7%2.4%-1.5%-1.3M125.6M-947.5K0.864.44N/AN/A19,58016,918537,522530,414
2012-06-20$6.12$7.0056.8%16.3%45.3%11.4%59.3%0.1%-1.8%-1.0M114.3M-960.7K0.684.30N/AN/A22,95115,676544,528525,651
2012-06-21$5.65$7.0049.2%14.1%54.0%6.2%49.7%-0.1%2.4%-1.6M154.5M-789.3K0.387.51N/AN/A13,9555,235557,011531,076
2012-06-22$5.74$7.0047.3%13.6%54.4%4.9%49.3%-0.6%3.7%-1.4M146.2M-813.5K0.173.58N/AN/A18,1513,146559,102527,596
2012-06-25$5.59$7.0051.4%14.7%53.2%7.7%51.7%-0.9%1.8%-1.4M144.9M-773.6K0.054.32N/AN/A8,271443555,481519,045
2012-06-26$5.63$7.0049.3%14.1%52.2%6.3%49.5%-3.2%3.1%-1.3M144.0M-781.5K0.244.97N/AN/A2,869683556,760519,070
2012-06-27$5.72$7.0048.2%13.8%52.3%5.5%49.3%-2.4%3.4%-1.4M140.8M-797.4K0.144.08N/AN/A2,990411558,183519,061
2012-06-28$5.97$7.0051.7%14.8%53.9%7.9%52.2%-0.7%1.9%-593.2K123.3M-875.0K0.306.24N/AN/A40,16512,115559,230519,104
2012-06-29$6.31$7.0040.7%14.2%50.4%0.4%55.0%23.1%3.1%-634.3K90.8M-945.2K0.103.21N/AN/A147,90114,135569,638520,468