MU Options History — October 2017

In October 2017, MU traded between $39.34 and $44.31. ATM implied volatility averaged 38.7%, placing in the 24.0% IV rank vs the trailing year. The 30-day expected move averaged 11.2%. IV traded below realized volatility by 0.0% (HV 20d: 38.7%). Max pain ranged from $32.00 to $38.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 9 of 22 days. Put/call ratio averaged 0.63.

Notable Days

  • 2017-10-31: Highest Volume — 517,057 contracts
  • 2017-10-12: Largest IV spike — 7.3% change
  • 2017-10-02: Highest IV Rank — 33.9%
  • 2017-10-02: Largest Expected Move — 12.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$41.00$39.34$44.31$40.00$44.31
Max Pain$36.18$32.00$38.00$32.00$38.00
ATM IV38.7%35.7%42.0%42.0%38.5%
Expected Move11.2%10.7%12.2%12.2%11.7%
HV 20d38.7%27.8%44.7%39.4%35.3%
HV 60d36.6%34.2%38.8%37.1%36.0%
IV Rank24.0%15.4%33.9%33.9%23.4%
IV Percentile41.2%18.7%65.1%65.1%39.7%
Term Structure-0.1%-2.2%1.2%-0.1%-0.4%
VWIV39.8%37.2%43.9%43.4%42.0%
Skew 25d0.9%-0.5%2.5%-0.5%2.5%
Skew 10d3.0%-0.2%7.1%1.6%7.1%
Call IV 25d39.0%35.0%43.5%43.5%38.1%
Put IV 25d39.9%36.5%43.0%43.0%40.6%
Bid-Ask Spread %2.581.805.462.493.45
Gamma HHI0.150.100.200.180.12
Net GEX86.1M49.2M121.1M92.7M72.0M
Net DEX-3.93B-4.82B-2.62B-4.29B-4.24B
Net VEX-7.8M-8.9M-6.6M-7.3M-8.4M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.630.270.900.490.30
Total Volume226,990.773123,428517,057311,016517,057
Total OI2,478,728.7272,142,7963,028,1172,374,4262,288,404

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2017-10-02$40.00$32.0042.0%12.2%39.4%33.9%43.4%-0.5%-0.1%92.7M-4.29B-7.3M0.492.49N/AN/A208,419102,5971,495,262879,164
2017-10-03$40.32$32.0041.8%11.0%38.0%33.2%43.9%-0.3%-0.4%101.7M-4.47B-7.3M0.345.46N/AN/A168,63057,4271,551,544932,220
2017-10-04$39.55$32.0039.7%11.5%39.5%27.0%40.8%0.3%-0.0%109.3M-3.97B-7.4M0.653.17N/AN/A105,48068,4571,543,526943,682
2017-10-05$39.34$35.0037.9%10.8%39.8%21.9%38.5%0.1%0.3%121.1M-3.88B-7.4M0.781.96N/AN/A74,09157,9181,564,001970,854
2017-10-06$39.62$35.0037.2%10.7%39.2%19.7%37.8%1.0%-0.1%83.5M-4.00B-7.3M0.722.65N/AN/A92,97767,0771,568,213988,858
2017-10-09$40.92$35.0038.7%11.1%39.4%24.2%39.4%0.4%-0.0%85.5M-4.30B-6.9M0.561.80N/AN/A101,07956,9541,437,978933,307
2017-10-10$41.93$35.0039.4%11.4%39.4%26.2%40.7%0.4%0.3%81.9M-4.74B-6.6M0.701.80N/AN/A155,197108,1391,456,078948,129
2017-10-11$41.64$37.0038.0%11.0%39.8%22.1%39.4%0.7%0.3%83.2M-4.62B-7.0M0.591.89N/AN/A164,48496,6771,501,5141,005,851
2017-10-12$40.56$37.0040.8%11.5%41.6%30.2%41.0%1.7%-0.7%82.4M-4.04B-7.5M0.902.25N/AN/A138,769125,3431,537,0591,054,873
2017-10-13$40.35$37.0039.1%11.2%41.9%25.3%39.4%2.0%-0.2%102.1M-3.99B-7.9M0.812.13N/AN/A96,75577,9871,588,5681,088,160
2017-10-16$41.46$37.0039.3%11.3%42.0%26.0%40.2%0.8%-1.5%101.9M-4.62B-7.3M0.272.05N/AN/A200,17553,4381,562,2131,035,297
2017-10-17$40.42$37.0039.1%11.2%43.6%25.4%39.9%0.1%-1.0%107.8M-4.05B-7.4M0.802.31N/AN/A95,25375,9591,584,6931,056,900
2017-10-18$41.67$37.0039.9%11.4%44.4%27.6%40.3%-0.1%-1.0%107.6M-4.77B-7.5M0.522.37N/AN/A141,22273,7211,620,7561,089,145
2017-10-19$41.27$37.0038.3%11.0%44.7%22.9%38.6%-0.1%-1.2%109.2M-4.49B-7.8M0.692.44N/AN/A232,820161,5751,642,7521,135,834
2017-10-20$41.49$37.0038.4%11.2%44.7%23.2%39.0%0.8%-2.2%101.7M-4.82B-8.4M0.863.50N/AN/A185,075159,8671,771,5541,256,563
2017-10-23$41.54$37.0038.2%11.4%41.9%22.6%39.9%1.2%0.8%59.4M-2.98B-8.4M0.712.36N/AN/A84,73560,0641,257,504885,292
2017-10-24$41.53$37.0037.3%11.2%40.6%19.9%39.5%1.4%1.1%63.6M-3.00B-8.5M0.802.44N/AN/A68,56754,8611,287,889906,846
2017-10-25$41.00$38.0037.0%11.2%30.4%19.3%39.0%2.1%1.2%54.7M-2.75B-8.5M0.572.25N/AN/A124,36770,9551,297,442927,367
2017-10-26$40.60$38.0035.7%10.7%29.8%15.4%37.2%1.5%1.1%49.2M-2.62B-8.7M0.552.73N/AN/A87,79048,0851,357,911964,944
2017-10-27$40.80$38.0036.8%10.7%27.8%18.5%37.6%2.0%0.9%56.5M-2.73B-8.8M0.662.96N/AN/A137,06089,8951,388,443983,522
2017-10-30$41.65$38.0037.7%11.2%28.2%21.3%39.0%1.9%0.4%67.3M-3.11B-8.9M0.552.18N/AN/A95,01351,7861,320,376921,544
2017-10-31$44.31$38.0038.5%11.7%35.3%23.4%42.0%2.5%-0.4%72.0M-4.24B-8.4M0.303.45N/AN/A396,720120,3371,349,976938,428