MU Options History — June 2017

In June 2017, MU traded between $29.92 and $32.53. ATM implied volatility averaged 53.9%, placing in the 62.6% IV rank vs the trailing year. The 30-day expected move averaged 14.6%. IV traded above realized volatility by 18.3% (HV 20d: 35.6%). Max pain ranged from $24.00 to $28.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 0 of 22 days. Put/call ratio averaged 0.44.

Notable Days

  • 2017-06-30: Highest Volume — 568,226 contracts
  • 2017-06-30: Largest IV drop — 32.8% change
  • 2017-06-29: Highest IV Rank — 100.0%
  • 2017-06-29: Largest Expected Move — 20.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$31.35$29.92$32.53$30.74$29.92
Max Pain$25.36$24.00$28.00$28.00$26.00
ATM IV53.9%43.5%64.8%53.4%43.5%
Expected Move14.6%10.2%20.1%11.3%12.3%
HV 20d35.6%31.7%41.8%32.1%41.8%
HV 60d32.6%31.0%34.8%31.4%34.2%
IV Rank62.6%38.1%100.0%60.2%38.1%
IV Percentile93.1%68.3%100.0%94.0%68.3%
Term Structure-2.8%-4.2%-0.0%-3.7%-0.0%
VWIV51.4%36.7%68.9%39.8%43.5%
Skew 25d2.3%0.1%7.8%0.9%2.2%
Skew 10d5.3%0.7%14.2%5.5%2.9%
Call IV 25d53.5%43.2%64.0%55.5%43.2%
Put IV 25d55.8%45.3%67.1%56.4%45.3%
Bid-Ask Spread %4.082.3613.296.177.57
Gamma HHI0.120.080.210.130.18
Net GEX41.6M24.0M55.3M42.6M49.7M
Net DEX-1.98B-2.32B-1.48B-1.95B-1.48B
Net VEX-5.5M-6.4M-4.6M-5.2M-6.2M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.440.250.900.560.47
Total Volume171,706.72782,859568,226100,584568,226
Total OI1,718,322.0911,517,6092,155,7701,577,7152,155,770

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2017-06-01$30.74$28.0053.4%11.3%32.1%60.2%39.8%0.9%-3.7%42.6M-1.95B-5.2M0.566.17N/AN/A64,40736,1771,027,177550,538
2017-06-02$31.10$28.0052.5%10.2%31.9%57.9%36.7%0.3%-4.2%54.4M-2.08B-5.0M0.454.87N/AN/A101,35745,5031,036,631568,364
2017-06-05$31.23$24.0052.9%13.3%31.9%58.9%47.4%0.1%-2.4%41.0M-1.93B-4.9M0.592.41N/AN/A89,63552,460973,184544,425
2017-06-06$31.50$24.0051.9%13.0%31.7%56.2%45.7%0.6%-3.3%44.4M-2.01B-4.8M0.282.85N/AN/A116,56832,511985,739565,158
2017-06-07$32.53$24.0050.6%12.8%32.5%52.8%45.2%1.1%-2.8%44.9M-2.32B-4.6M0.292.83N/AN/A127,08137,196995,969573,595
2017-06-08$32.39$24.0050.6%13.0%32.2%53.0%45.4%1.0%-3.9%55.3M-2.31B-4.7M0.322.56N/AN/A106,57533,8871,022,520588,767
2017-06-09$30.54$24.0063.4%16.2%39.1%86.4%56.6%2.7%-3.3%24.0M-1.59B-5.3M0.3913.29N/AN/A182,24571,7261,033,331601,914
2017-06-12$31.01$25.0055.6%14.8%39.3%66.1%51.3%4.2%-2.7%36.7M-1.80B-5.2M0.402.87N/AN/A118,82447,6491,010,235582,486
2017-06-13$31.55$25.0053.3%14.3%39.5%60.0%50.1%3.0%-3.2%40.4M-1.99B-5.2M0.312.36N/AN/A111,42834,6821,044,522600,089
2017-06-14$31.00$25.0055.5%15.1%40.3%65.8%52.6%4.1%-2.6%41.9M-1.83B-5.6M0.283.12N/AN/A81,76523,0761,086,256612,915
2017-06-15$30.47$25.0057.4%15.7%31.9%70.6%55.3%7.8%-2.8%34.3M-1.66B-5.6M0.663.43N/AN/A104,96168,9831,098,204619,469
2017-06-16$29.96$25.0055.1%15.2%32.8%64.8%53.2%2.8%-3.2%40.9M-1.57B-5.8M0.903.02N/AN/A89,83280,5251,159,990654,240
2017-06-19$31.19$25.0049.0%13.8%35.1%48.7%48.5%2.2%-1.1%37.9M-1.92B-5.7M0.382.81N/AN/A74,56928,6991,069,297601,739
2017-06-20$30.84$25.0052.4%14.9%35.7%57.5%52.3%2.3%-2.4%36.1M-1.82B-5.9M0.252.85N/AN/A90,45722,4131,083,275610,397
2017-06-21$31.90$25.0049.5%14.2%37.1%49.9%50.0%1.3%-2.5%45.6M-2.22B-5.8M0.512.63N/AN/A84,94443,4631,142,303619,387
2017-06-22$31.97$26.0050.1%14.5%36.2%51.6%50.8%1.2%-2.8%44.9M-2.22B-5.8M0.592.74N/AN/A52,06730,7921,153,031639,708
2017-06-23$31.90$26.0051.2%14.9%36.0%54.5%52.8%1.6%-3.0%50.5M-2.19B-5.9M0.473.88N/AN/A75,44535,1931,166,603646,625
2017-06-26$32.48$26.0052.8%15.8%36.3%58.6%56.5%1.8%-2.3%37.4M-2.28B-5.8M0.312.65N/AN/A117,25536,4751,130,066625,866
2017-06-27$31.75$26.0060.2%18.2%36.2%78.0%63.6%3.4%-2.6%35.2M-2.05B-6.1M0.394.55N/AN/A107,88542,1441,150,666639,548
2017-06-28$32.16$26.0059.3%18.4%36.4%87.6%65.3%3.0%-3.4%39.5M-2.27B-6.2M0.423.13N/AN/A100,79342,1191,225,404663,798
2017-06-29$31.61$26.0064.8%20.1%37.0%100.0%68.9%4.2%-3.7%38.0M-2.07B-6.4M0.547.26N/AN/A237,235128,3211,258,959684,926
2017-06-30$29.92$26.0043.5%12.3%41.8%38.1%43.5%2.2%-0.0%49.7M-1.48B-6.2M0.477.57N/AN/A386,686181,5401,382,310773,460