MU Options History — October 2015

In October 2015, MU traded between $14.65 and $19.15. ATM implied volatility averaged 51.0%, placing in the 50.5% IV rank vs the trailing year. The 30-day expected move averaged 14.6%. IV traded below realized volatility by 16.8% (HV 20d: 67.8%). Max pain ranged from $18.50 to $20.00. Net GEX was positive for 21 of 22 trading days. Term structure was in contango for 2 of 22 days. Put/call ratio averaged 0.75.

Notable Days

  • 2015-10-05: Highest Volume — 176,649 contracts
  • 2015-10-20: Largest IV spike — 30.8% change
  • 2015-10-01: Highest IV Rank — 85.5%
  • 2015-10-01: Largest Expected Move — 22.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$17.44$14.65$19.15$14.65$16.60
Max Pain$19.52$18.50$20.00$19.00$19.00
ATM IV51.0%43.7%67.1%67.1%48.9%
Expected Move14.6%12.4%22.3%22.3%13.9%
HV 20d67.8%48.7%75.4%48.7%67.0%
HV 60d61.0%59.0%65.4%59.4%60.8%
IV Rank50.5%34.7%85.5%85.5%45.8%
IV Percentile80.7%69.4%98.0%98.0%75.8%
Term Structure-0.8%-6.1%6.3%6.3%1.2%
VWIV50.4%42.5%76.5%76.5%48.7%
Skew 25d4.4%2.0%9.5%2.6%2.0%
Skew 10d9.5%-3.6%33.3%0.8%13.6%
Call IV 25d49.3%42.2%66.0%66.0%47.4%
Put IV 25d53.7%46.1%68.7%68.7%49.4%
Bid-Ask Spread %10.845.4019.529.1910.75
Gamma HHI0.140.110.410.110.14
Net GEX5.9M-12.0M12.2M3.8M2.5M
Net DEX305.4M23.5M609.5M609.5M499.1M
Net VEX-5.1M-5.9M-4.1M-4.1M-4.5M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.750.322.050.452.05
Total Volume86,914.04539,452176,64976,81663,076
Total OI2,290,063.0451,969,0962,486,5772,379,6332,155,007

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2015-10-01$14.65$19.0067.1%22.3%48.7%85.5%76.5%2.6%6.3%3.8M609.5M-4.1M0.459.19N/AN/A52,88523,9311,485,779893,854
2015-10-02$15.93$18.5053.9%13.6%57.4%56.8%48.6%3.2%-0.8%7.1M470.7M-4.5M0.7115.88N/AN/A78,75355,6111,534,670921,964
2015-10-05$17.57$20.0051.1%13.9%67.4%50.8%49.5%4.4%-0.6%8.9M264.9M-5.3M0.4710.43N/AN/A120,50956,1401,468,341895,061
2015-10-06$18.27$20.0049.5%14.1%67.3%47.2%48.7%5.2%-0.4%11.3M122.8M-5.7M0.465.90N/AN/A76,89235,0501,493,962912,254
2015-10-07$18.60$20.0049.9%13.9%66.0%48.1%48.5%4.3%-0.1%12.2M44.3M-5.8M0.656.09N/AN/A51,30233,4241,512,651922,002
2015-10-08$18.72$20.0049.0%13.8%65.8%46.1%47.9%2.9%-0.5%11.8M23.5M-5.9M0.665.40N/AN/A53,61035,4201,520,651931,517
2015-10-09$17.94$20.0050.1%13.8%67.2%48.5%42.5%4.6%-1.9%9.3M222.0M-5.4M1.518.45N/AN/A36,89955,7171,531,252943,384
2015-10-12$18.02$20.0047.7%13.2%67.1%43.2%45.6%5.3%-1.6%11.2M253.6M-5.2M0.588.14N/AN/A36,24920,8671,500,928919,758
2015-10-13$18.18$20.0047.8%13.5%66.9%43.5%46.9%3.4%-0.2%11.8M194.7M-5.4M1.038.15N/AN/A25,19625,9161,508,952925,715
2015-10-14$18.83$20.0045.6%12.8%67.7%38.6%45.5%2.4%-0.9%11.4M61.0M-5.6M0.518.64N/AN/A86,23743,7561,513,482931,701
2015-10-15$18.69$20.0044.5%12.4%67.4%36.2%43.3%3.5%-1.5%6.5M100.9M-5.5M0.878.62N/AN/A33,29728,8301,531,705945,693
2015-10-16$18.48$20.0043.7%12.6%63.6%34.7%43.4%5.0%-0.1%-12.0M173.1M-5.3M0.535.99N/AN/A37,66620,0991,528,003958,574
2015-10-19$19.15$20.0044.9%12.8%64.3%37.2%44.5%2.9%-1.1%7.8M89.9M-5.6M0.4112.88N/AN/A69,86328,4731,190,035779,061
2015-10-20$17.37$20.0058.7%16.9%74.3%67.3%57.2%9.5%-6.1%4.7M322.5M-5.2M1.4419.52N/AN/A52,17475,0791,220,469791,227
2015-10-21$16.43$19.0059.1%16.9%75.4%68.1%58.3%5.9%-3.6%2.2M488.9M-4.8M0.6312.28N/AN/A85,22053,8521,286,017856,080
2015-10-22$16.72$19.0053.3%15.4%74.8%55.5%52.6%3.7%-2.3%4.3M465.9M-4.7M0.5115.53N/AN/A56,28128,8431,312,133863,109
2015-10-23$17.23$19.0051.5%14.9%74.4%51.5%51.9%3.7%-1.0%5.0M377.1M-4.9M0.4711.54N/AN/A52,60224,9601,320,541864,714
2015-10-26$16.57$19.0052.6%15.5%72.6%53.9%53.3%3.9%-0.3%2.8M478.7M-4.7M0.3214.97N/AN/A52,19716,9031,269,329842,079
2015-10-27$16.66$19.0052.3%15.2%72.4%53.2%53.0%5.1%-1.0%2.8M476.7M-4.7M0.9516.03N/AN/A21,86420,8371,275,741846,889
2015-10-28$16.91$19.0051.1%14.7%71.4%50.6%51.4%7.1%-0.1%4.0M436.4M-4.7M0.8713.58N/AN/A24,74321,4341,283,572843,375
2015-10-29$16.22$19.0050.2%14.4%72.8%48.7%50.0%6.5%-0.3%1.0M543.4M-4.3M0.4710.61N/AN/A26,83612,6161,291,668858,488
2015-10-30$16.60$19.0048.9%13.9%67.0%45.8%48.7%2.0%1.2%2.5M499.1M-4.5M2.0510.75N/AN/A20,70142,3751,298,358856,649