MU Options History — October 2019

In October 2019, MU traded between $42.03 and $48.53. ATM implied volatility averaged 37.4%, placing in the 8.6% IV rank vs the trailing year. The 30-day expected move averaged 10.8%. IV traded below realized volatility by 13.6% (HV 20d: 51.1%). Max pain ranged from $44.00 to $46.00. Net GEX was positive for 12 of 23 trading days. Term structure was in contango for 12 of 23 days. Put/call ratio averaged 0.84.

Notable Days

  • 2019-10-11: Highest Volume — 218,495 contracts
  • 2019-10-08: Largest IV spike — 7.8% change
  • 2019-10-02: Highest IV Rank — 26.5%
  • 2019-10-03: Largest Expected Move — 12.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$45.11$42.03$48.53$42.28$47.34
Max Pain$45.11$44.00$46.00$44.00$45.50
ATM IV37.4%34.0%42.9%41.0%34.0%
Expected Move10.8%9.8%12.1%11.5%9.9%
HV 20d51.1%40.3%60.6%52.8%40.3%
HV 60d44.6%43.7%45.8%44.3%44.2%
IV Rank8.6%0.0%26.5%20.0%0.0%
IV Percentile9.8%0.0%32.1%25.0%0.0%
Term Structure-0.2%-1.4%0.8%-0.1%0.3%
VWIV37.9%34.9%42.6%40.2%35.9%
Skew 25d5.0%4.0%6.1%5.1%4.1%
Skew 10d9.3%5.6%11.7%10.9%8.5%
Call IV 25d35.3%31.7%40.4%39.2%32.5%
Put IV 25d40.3%36.6%46.0%44.3%36.6%
Bid-Ask Spread %1.911.404.591.871.79
Gamma HHI0.060.050.160.060.05
Net GEX722.1K-16.8M29.5M-16.8M3.8M
Net DEX-130.8M-866.1M628.6M619.5M-506.4M
Net VEX-12.8M-13.2M-12.4M-12.7M-13.0M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.840.561.480.771.24
Total Volume101,619.91339,055218,495116,09087,043
Total OI1,867,123.3041,647,8182,016,3181,913,3691,788,695

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-10-01$42.28$44.0041.0%11.5%52.8%20.0%40.2%5.1%-0.1%-16.8M619.5M-12.7M0.771.87N/AN/A65,52150,569843,3031,070,066
2019-10-02$42.03$44.0042.9%12.1%50.3%26.5%42.6%5.6%0.0%-15.4M628.6M-12.8M0.911.84N/AN/A68,07161,930857,8381,076,940
2019-10-03$43.35$46.0041.7%12.1%48.9%22.4%41.7%5.0%-0.3%-6.1M271.4M-13.1M0.601.64N/AN/A74,86545,166873,8971,088,246
2019-10-04$44.44$45.0039.1%11.4%50.1%13.3%39.7%4.7%0.1%502.1K-41.9M-13.2M0.691.57N/AN/A59,74741,296880,7001,093,664
2019-10-07$44.16$45.0039.1%11.3%50.0%13.4%38.7%5.6%0.4%-6.2M84.7M-12.8M0.791.48N/AN/A43,38634,138830,6901,070,156
2019-10-08$42.73$45.0042.2%12.1%50.9%24.1%41.3%5.5%-0.1%-13.1M449.5M-12.7M1.061.52N/AN/A42,13744,779840,5621,074,188
2019-10-09$43.02$45.0040.6%11.6%49.9%18.5%40.4%6.1%-0.1%-11.3M384.1M-12.6M0.574.59N/AN/A24,89814,157852,1521,087,419
2019-10-10$43.32$45.0039.6%11.5%50.1%15.2%39.5%5.2%0.4%-8.0M264.2M-12.6M0.641.69N/AN/A49,36931,397860,3431,083,261
2019-10-11$45.44$45.0039.1%11.2%53.8%13.2%38.7%5.5%0.4%14.9M-390.5M-12.9M0.633.50N/AN/A134,29284,203872,5611,092,849
2019-10-14$44.84$45.0036.7%10.6%53.8%4.9%37.9%4.5%0.5%1.8M-127.7M-12.6M0.671.50N/AN/A53,04535,452851,0441,078,087
2019-10-15$46.47$45.0035.1%10.1%55.4%0.0%36.1%4.7%-0.4%11.2M-647.1M-12.8M0.591.66N/AN/A75,82644,563871,3901,085,057
2019-10-16$45.25$45.0035.8%10.3%55.9%2.5%36.0%4.4%0.0%6.8M-275.9M-12.7M0.871.40N/AN/A39,07233,809889,2321,094,432
2019-10-17$45.38$45.0035.0%10.1%56.0%0.0%34.9%4.0%-0.6%10.8M-322.4M-12.6M0.561.53N/AN/A44,72025,117895,2661,102,148
2019-10-18$43.64$45.0036.6%10.4%57.2%5.5%36.1%4.7%0.8%-13.7M267.1M-12.4M0.981.49N/AN/A65,46564,481905,1791,111,139
2019-10-21$45.14$45.0035.6%10.1%58.6%2.3%35.4%5.5%-1.2%-2.4M-78.3M-12.6M0.721.86N/AN/A59,12242,515738,550909,268
2019-10-22$44.66$45.0037.1%10.7%58.1%7.4%36.9%5.0%-1.3%-2.6M20.3M-12.6M1.301.68N/AN/A39,22450,932757,652920,327
2019-10-23$44.60$45.5037.4%10.6%57.3%8.4%37.4%5.6%-1.4%-4.4M54.2M-12.6M1.481.83N/AN/A44,25965,337768,836941,266
2019-10-24$47.01$45.5035.1%10.2%60.6%0.3%36.2%5.2%-1.2%11.4M-583.0M-13.0M0.591.79N/AN/A91,05253,780780,059966,204
2019-10-25$48.00$45.5034.1%9.8%41.3%0.0%35.5%4.7%-1.0%29.5M-866.1M-13.0M0.741.71N/AN/A90,71267,393795,066985,058
2019-10-28$48.53$45.5034.1%10.1%41.1%0.0%36.6%4.8%0.1%10.5M-832.8M-13.0M0.932.28N/AN/A37,73035,187762,053973,018
2019-10-29$48.11$45.5034.3%10.1%40.9%0.6%36.8%4.3%0.0%8.7M-726.2M-13.0M1.071.84N/AN/A30,56032,793770,066983,893
2019-10-30$47.86$45.5034.1%10.1%40.9%0.1%36.9%4.2%0.4%6.8M-653.3M-13.0M1.031.83N/AN/A28,60829,540777,459994,557
2019-10-31$47.34$45.5034.0%9.9%40.3%0.0%35.9%4.1%0.3%3.8M-506.4M-13.0M1.241.79N/AN/A38,82548,218786,6711,002,024