MU Options History — June 2021

In June 2021, MU traded between $76.84 and $84.84. ATM implied volatility averaged 39.8%, placing in the 18.8% IV rank vs the trailing year. The 30-day expected move averaged 11.3%. IV traded above realized volatility by 5.7% (HV 20d: 34.0%). Max pain ranged from $77.50 to $80.00. Net GEX was positive for 15 of 22 trading days. Term structure was in contango for 0 of 22 days. Put/call ratio averaged 0.57.

Notable Days

2021-06-30: Highest Volume — 397,134 contracts
2021-06-28: Largest IV spike — 5.5% change
2021-06-03: Highest IV Rank — 27.6%
2021-06-30: Largest Expected Move — 12.9%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$81.06	$76.84	$84.84	$84.44	$84.84
Max Pain	$79.77	$77.50	$80.00	$77.50	$80.00
ATM IV	39.8%	37.7%	42.4%	41.3%	41.3%
Expected Move	11.3%	10.0%	12.9%	10.0%	12.9%
HV 20d	34.0%	30.1%	38.3%	37.9%	34.6%
HV 60d	37.2%	34.1%	41.8%	41.8%	34.7%
IV Rank	18.8%	11.0%	27.6%	23.7%	25.1%
IV Percentile	21.9%	9.9%	38.1%	27.0%	33.7%
Term Structure	-1.1%	-1.8%	-0.4%	-1.6%	-1.2%
VWIV	40.5%	35.3%	46.3%	35.3%	46.3%
Skew 25d	-1.7%	-4.7%	0.6%	-0.1%	-4.7%
Skew 10d	-2.9%	-10.6%	5.5%	3.5%	-10.6%
Call IV 25d	41.5%	39.3%	44.6%	42.6%	44.6%
Put IV 25d	39.8%	37.4%	43.5%	42.5%	39.9%
Bid-Ask Spread %	2.81	1.59	5.94	2.19	2.21
Gamma HHI	0.06	0.05	0.17	0.05	0.06
Net GEX	14.7M	-46.2M	86.2M	29.5M	64.2M
Net DEX	-757.6M	-1.98B	358.9M	-1.47B	-1.98B
Net VEX	-15.9M	-18.2M	-13.9M	-14.4M	-18.2M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.57	0.39	0.82	0.68	0.40
Total Volume	136,266.455	39,978	397,134	51,208	397,134
Total OI	1,545,116.727	1,410,684	1,760,355	1,423,725	1,603,669

Daily Data (22 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Wall	Put Wall	Call Vol	Put Vol	Call OI	Put OI
2021-06-01	$84.44	$77.50	41.3%	10.0%	37.9%	23.7%	35.3%	-0.1%	-1.6%	29.5M	-1.47B	-14.4M	0.68	2.19	N/A	N/A	30,518	20,690	669,491	754,234
2021-06-02	$84.12	$77.50	42.1%	10.0%	37.4%	26.7%	35.9%	-0.0%	-1.4%	28.5M	-1.38B	-14.6M	0.72	2.07	N/A	N/A	23,224	16,754	676,829	761,630
2021-06-03	$82.01	$80.00	42.4%	11.4%	37.8%	27.6%	40.1%	0.5%	-1.8%	10.6M	-919.3M	-14.4M	0.60	2.61	N/A	N/A	40,493	24,460	683,775	763,452
2021-06-04	$83.73	$80.00	41.8%	11.3%	38.3%	25.6%	39.5%	0.6%	-1.3%	31.1M	-1.33B	-14.4M	0.81	5.58	N/A	N/A	34,621	27,890	701,533	772,425
2021-06-07	$84.06	$80.00	41.4%	11.3%	37.6%	24.1%	40.4%	0.4%	-1.3%	30.0M	-1.37B	-14.1M	0.52	3.29	N/A	N/A	26,744	13,904	684,272	767,792
2021-06-08	$80.28	$80.00	42.2%	11.6%	35.7%	27.0%	40.8%	-0.7%	-1.6%	593.9K	-572.0M	-13.9M	0.76	4.25	N/A	N/A	127,600	96,795	696,685	773,806
2021-06-09	$78.76	$80.00	40.3%	11.3%	36.2%	20.1%	41.0%	-0.3%	-0.8%	-12.3M	-167.8M	-14.7M	0.56	2.12	N/A	N/A	83,248	46,287	746,719	836,686
2021-06-10	$79.12	$80.00	38.6%	10.9%	31.8%	14.3%	38.0%	-1.3%	-1.3%	-10.0M	-224.7M	-14.7M	0.55	4.14	N/A	N/A	74,441	41,307	769,122	862,117
2021-06-11	$79.26	$80.00	37.7%	10.6%	31.6%	11.0%	38.0%	-1.1%	-0.9%	-13.8M	-251.1M	-14.9M	0.70	1.59	N/A	N/A	54,992	38,472	781,162	881,454
2021-06-14	$79.99	$80.00	38.3%	10.8%	30.1%	12.9%	38.9%	-1.2%	-0.5%	-3.9M	-466.0M	-15.0M	0.63	2.19	N/A	N/A	48,467	30,652	747,163	865,390
2021-06-15	$82.16	$80.00	38.9%	11.1%	31.6%	16.1%	39.6%	-1.6%	-1.0%	22.7M	-1.03B	-15.5M	0.51	2.45	N/A	N/A	81,807	41,843	762,783	879,388
2021-06-16	$80.97	$80.00	39.4%	11.3%	31.6%	18.0%	40.0%	-1.1%	-1.4%	9.2M	-726.2M	-15.8M	0.57	5.94	N/A	N/A	51,979	29,403	774,997	891,241
2021-06-17	$80.63	$80.00	39.2%	11.3%	31.7%	17.1%	43.1%	-3.7%	-0.9%	9.6M	-657.8M	-15.9M	0.65	2.44	N/A	N/A	97,924	64,131	788,206	900,003
2021-06-18	$76.97	$80.00	40.3%	11.6%	34.5%	21.3%	41.8%	-3.1%	-0.8%	-46.2M	358.9M	-16.1M	0.82	2.11	N/A	N/A	176,391	144,151	829,499	930,856
2021-06-21	$76.84	$80.00	38.7%	11.3%	34.4%	15.5%	41.1%	-1.7%	-0.5%	-18.4M	291.7M	-16.6M	0.42	2.59	N/A	N/A	89,267	37,547	663,853	746,831
2021-06-22	$77.60	$80.00	38.2%	11.2%	32.3%	13.6%	40.5%	-2.0%	-0.4%	-6.1M	77.5M	-17.0M	0.51	2.28	N/A	N/A	84,228	42,811	699,619	760,931
2021-06-23	$79.01	$80.00	37.8%	11.3%	32.2%	11.8%	40.4%	-2.7%	-0.7%	15.7M	-345.3M	-17.4M	0.49	2.14	N/A	N/A	100,864	49,032	726,389	770,533
2021-06-24	$80.59	$80.00	37.8%	11.3%	32.8%	11.8%	41.4%	-3.0%	-1.3%	30.0M	-749.4M	-17.8M	0.44	2.50	N/A	N/A	76,865	33,846	732,850	782,346
2021-06-25	$82.02	$80.00	38.0%	11.4%	32.4%	12.6%	41.1%	-3.4%	-0.7%	86.2M	-1.20B	-17.9M	0.39	2.15	N/A	N/A	114,664	44,931	745,495	792,677
2021-06-28	$83.40	$80.00	40.1%	12.4%	33.0%	20.5%	44.3%	-3.4%	-1.0%	32.5M	-1.37B	-18.0M	0.43	2.18	N/A	N/A	99,316	42,721	710,922	770,746
2021-06-29	$82.55	$80.00	39.4%	12.2%	33.1%	17.9%	43.8%	-4.0%	-0.9%	33.3M	-1.19B	-18.1M	0.41	2.82	N/A	N/A	138,798	56,650	742,609	790,388
2021-06-30	$84.84	$80.00	41.3%	12.9%	34.6%	25.1%	46.3%	-4.7%	-1.2%	64.2M	-1.98B	-18.2M	0.40	2.21	N/A	N/A	282,798	114,336	796,726	806,943