MU Options History — June 2019

In June 2019, MU traded between $32.50 and $38.85. ATM implied volatility averaged 51.6%, placing in the 59.4% IV rank vs the trailing year. The 30-day expected move averaged 14.2%. IV traded above realized volatility by 6.6% (HV 20d: 45.1%). Max pain ranged from $35.00 to $38.00. Net GEX was positive for 3 of 20 trading days. Term structure was in contango for 3 of 20 days. Put/call ratio averaged 1.03.

Notable Days

  • 2019-06-26: Highest Volume — 530,813 contracts
  • 2019-06-26: Largest IV drop — 21.1% change
  • 2019-06-25: Highest IV Rank — 74.7%
  • 2019-06-25: Largest Expected Move — 16.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$34.25$32.50$38.85$32.67$38.85
Max Pain$36.60$35.00$38.00$37.00$36.00
ATM IV51.6%41.3%56.2%55.8%41.7%
Expected Move14.2%11.6%16.7%13.5%11.9%
HV 20d45.1%36.7%58.7%36.7%58.0%
HV 60d39.8%35.9%43.6%38.7%43.3%
IV Rank59.4%24.7%74.7%73.4%26.1%
IV Percentile72.4%29.0%90.9%88.9%31.7%
Term Structure-1.2%-2.6%0.8%-2.0%0.5%
VWIV49.8%40.9%57.4%47.7%42.6%
Skew 25d3.9%2.1%5.5%5.5%3.8%
Skew 10d8.1%4.3%12.3%12.3%7.4%
Call IV 25d50.0%39.2%53.8%52.8%40.3%
Put IV 25d53.9%43.7%58.7%58.3%44.1%
Bid-Ask Spread %2.311.742.682.622.11
Gamma HHI0.100.050.480.080.14
Net GEX-14.2M-59.5M15.2M-20.1M15.2M
Net DEX1.16B-447.0M1.76B1.68B-447.0M
Net VEX-11.3M-13.0M-10.3M-10.9M-13.0M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.030.391.730.640.85
Total Volume163,263.964,898530,81364,898251,066
Total OI2,208,288.051,756,7312,444,0152,204,8342,168,366

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-06-03$32.67$37.0055.8%13.5%36.7%73.4%47.7%5.5%-2.0%-20.1M1.68B-10.9M0.642.62N/AN/A39,56725,331999,2411,205,593
2019-06-04$34.43$37.0052.4%12.1%43.3%61.9%42.3%4.9%-1.7%-10.1M1.27B-11.8M0.522.17N/AN/A58,36630,5091,016,8231,212,189
2019-06-05$33.34$37.0052.9%12.5%41.4%63.7%44.3%4.4%-1.5%-17.2M1.56B-11.1M0.672.07N/AN/A53,10135,7691,022,5981,219,786
2019-06-06$33.50$38.0052.7%14.3%41.7%63.0%49.7%4.5%-1.8%-16.5M1.50B-11.2M0.632.22N/AN/A42,69526,8711,032,1401,220,961
2019-06-07$33.95$38.0052.1%14.3%42.3%61.1%50.5%4.0%-1.5%-3.8M1.36B-11.5M1.302.68N/AN/A51,75767,4401,046,2281,224,822
2019-06-10$34.91$38.0051.9%14.2%44.0%60.2%49.8%3.5%-1.8%-9.9M1.08B-11.6M1.032.58N/AN/A48,54050,1511,015,6361,198,049
2019-06-11$34.88$38.0052.0%14.2%42.1%60.7%50.7%3.6%-2.2%-9.5M1.11B-11.6M1.732.44N/AN/A26,66146,0731,026,1991,207,317
2019-06-12$32.98$38.0053.4%14.7%44.0%65.3%52.1%4.2%-1.9%-25.3M1.68B-10.5M1.702.29N/AN/A67,420114,7891,025,6871,232,033
2019-06-13$33.31$38.0053.3%14.8%44.4%65.2%52.1%3.3%-1.8%-22.3M1.58B-10.9M1.172.01N/AN/A39,68546,3381,046,0731,253,440
2019-06-14$32.72$38.0053.4%14.8%43.9%65.3%52.3%3.4%-2.6%-27.2M1.75B-10.6M1.102.52N/AN/A64,86771,4351,052,9181,262,981
2019-06-17$32.50$37.0053.6%15.2%42.2%65.9%52.4%3.0%-1.3%-26.0M1.76B-10.3M0.392.43N/AN/A86,61233,9961,036,0661,248,690
2019-06-18$34.31$35.0053.0%15.1%45.4%64.0%52.6%3.2%-1.0%-9.9M1.21B-11.4M0.832.20N/AN/A109,43391,2581,076,6631,248,405
2019-06-19$34.11$35.0051.4%14.7%44.2%58.8%51.4%3.4%-0.6%-11.5M1.35B-11.3M1.132.52N/AN/A40,70745,9291,107,5121,287,197
2019-06-20$34.12$35.0052.4%15.1%43.7%62.1%53.2%2.1%-0.8%-12.8M1.31B-11.3M1.072.12N/AN/A79,45385,2921,107,5471,281,739
2019-06-21$33.06$35.0054.4%15.7%43.1%68.9%54.7%2.5%-0.7%-59.5M1.64B-10.8M1.342.44N/AN/A86,498115,9741,126,1311,317,884
2019-06-24$33.30$36.0054.1%15.8%42.9%67.7%54.5%3.7%-0.8%-16.8M988.9M-10.7M1.161.74N/AN/A81,08994,040744,4561,012,275
2019-06-25$32.91$35.0056.2%16.7%41.5%74.7%57.4%5.5%-1.2%-17.0M1.06B-10.8M1.362.59N/AN/A114,279155,804782,0361,046,376
2019-06-26$36.82$35.0044.4%12.5%57.6%35.1%44.8%4.8%0.2%6.4M103.3M-12.2M0.942.47N/AN/A273,759257,054837,2951,122,061
2019-06-27$38.25$36.0041.3%11.6%58.7%24.7%40.9%4.5%0.8%9.0M-261.1M-12.8M0.941.93N/AN/A131,572124,098894,0831,200,265
2019-06-28$38.85$36.0041.7%11.9%58.0%26.1%42.6%3.8%0.5%15.2M-447.0M-13.0M0.852.11N/AN/A135,532115,534926,8811,241,485