MU Options History — September 2021

In September 2021, MU traded between $71.33 and $75.31. ATM implied volatility averaged 37.0%, placing in the 26.6% IV rank vs the trailing year. The 30-day expected move averaged 10.5%. IV traded above realized volatility by 11.9% (HV 20d: 25.1%). Max pain ranged from $75.00 to $75.00. Net GEX was positive for 0 of 21 trading days. Term structure was in contango for 1 of 21 days. Put/call ratio averaged 0.83.

Notable Days

  • 2021-09-29: Highest Volume — 306,620 contracts
  • 2021-09-29: Largest IV drop — 15.9% change
  • 2021-09-20: Highest IV Rank — 45.7%
  • 2021-09-20: Largest Expected Move — 12.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$73.48$71.33$75.31$73.72$71.33
Max Pain$75.00$75.00$75.00$75.00$75.00
ATM IV37.0%31.9%42.2%36.8%31.9%
Expected Move10.5%8.0%12.5%8.0%8.9%
HV 20d25.1%19.5%36.4%36.3%23.8%
HV 60d33.1%30.7%34.6%34.6%30.7%
IV Rank26.6%9.0%45.7%23.3%9.0%
IV Percentile26.6%6.0%57.9%21.4%6.0%
Term Structure-1.2%-3.3%0.2%-1.4%0.2%
VWIV37.2%29.3%43.0%29.3%30.3%
Skew 25d2.7%1.3%5.1%1.3%3.8%
Skew 10d5.8%2.6%10.8%2.6%8.2%
Call IV 25d36.5%30.4%40.2%37.0%30.4%
Put IV 25d39.3%34.1%45.3%38.3%34.1%
Bid-Ask Spread %2.261.893.052.781.94
Gamma HHI0.090.060.140.080.14
Net GEX-42.7M-86.9M-8.9M-31.9M-86.9M
Net DEX841.6M185.6M1.48B773.5M1.48B
Net VEX-20.1M-20.6M-18.9M-20.4M-19.0M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.830.411.151.080.57
Total Volume127,305.28658,867306,62094,722142,860
Total OI1,894,728.1431,613,3482,134,4031,940,0411,866,533

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-09-01$73.72$75.0036.8%8.0%36.3%23.3%29.3%1.3%-1.4%-31.9M773.5M-20.4M1.082.78N/AN/A45,49849,224876,5521,063,489
2021-09-02$73.81$75.0036.6%9.8%36.4%22.8%35.1%1.8%-3.3%-34.0M775.1M-20.6M0.921.96N/AN/A61,07056,068890,0701,082,996
2021-09-03$73.92$75.0036.2%9.7%36.2%21.5%34.3%1.8%-1.6%-46.8M790.4M-20.6M0.571.89N/AN/A70,12639,819897,8351,104,037
2021-09-07$73.48$75.0037.0%10.1%35.8%24.7%35.9%1.9%-1.5%-52.2M990.2M-20.0M0.662.05N/AN/A46,40930,549865,4611,087,063
2021-09-08$72.24$75.0037.1%10.2%30.1%27.2%36.4%2.6%-1.8%-63.5M1.46B-19.6M1.082.52N/AN/A64,67569,803890,9711,097,108
2021-09-09$73.13$75.0037.4%10.3%30.4%28.7%36.6%2.4%-2.0%-56.6M1.14B-19.7M0.942.02N/AN/A62,77859,209904,6801,112,026
2021-09-10$73.62$75.0038.0%10.6%19.5%30.7%37.2%2.7%-1.7%-50.2M943.2M-20.2M0.782.17N/AN/A105,15381,722914,5111,141,028
2021-09-13$74.33$75.0037.4%10.6%19.6%28.7%37.9%2.8%-1.0%-49.8M710.7M-20.5M0.702.36N/AN/A56,06639,275895,6731,140,113
2021-09-14$73.42$75.0038.4%10.9%20.3%32.0%38.1%2.4%-1.3%-63.3M1.05B-20.2M1.012.50N/AN/A58,62658,976910,3041,152,922
2021-09-15$73.69$75.0037.2%10.7%20.1%27.9%37.5%2.9%-1.3%-61.1M993.1M-20.2M1.071.89N/AN/A40,04142,864925,7801,162,513
2021-09-16$74.76$75.0036.8%10.6%20.5%26.5%37.3%2.6%-0.9%-36.3M505.8M-20.5M0.991.89N/AN/A52,23751,876942,0121,174,144
2021-09-17$74.17$75.0036.9%10.7%20.5%26.8%38.1%2.5%-1.1%-38.4M855.7M-20.2M1.152.21N/AN/A55,73764,015954,7651,179,638
2021-09-20$71.97$75.0042.2%12.5%23.5%45.7%43.0%5.1%-1.3%-32.8M930.2M-19.8M0.782.07N/AN/A62,80449,064706,609906,739
2021-09-21$72.45$75.0039.9%11.8%22.4%37.3%41.7%4.7%-1.2%-35.9M895.8M-19.9M0.612.99N/AN/A36,45222,415722,969936,894
2021-09-22$74.38$75.0037.7%11.3%24.2%29.6%40.5%3.7%-0.6%-11.7M380.0M-20.3M0.832.80N/AN/A44,46836,937736,679954,500
2021-09-23$74.23$75.0036.1%10.9%21.5%23.8%38.4%2.5%-0.9%-8.9M408.1M-20.2M0.982.26N/AN/A50,01549,261750,647963,808
2021-09-24$74.15$75.0035.8%10.7%20.2%22.7%37.4%3.6%-0.8%-24.7M445.0M-20.2M0.592.14N/AN/A70,54641,301759,965976,778
2021-09-27$75.31$75.0036.5%11.4%20.3%25.3%40.1%2.3%-0.2%-21.6M185.6M-20.1M0.412.02N/AN/A110,60345,235724,959949,642
2021-09-28$73.53$75.0038.7%12.3%21.9%33.1%43.0%1.8%-0.6%-28.6M603.5M-20.0M0.863.05N/AN/A130,988112,026747,873961,290
2021-09-29$71.49$75.0032.5%9.2%23.8%11.2%32.8%2.5%-0.2%-62.5M1.35B-18.9M0.862.00N/AN/A164,604142,016780,149977,566
2021-09-30$71.33$75.0031.9%8.9%23.8%9.0%30.3%3.8%0.2%-86.9M1.48B-19.0M0.571.94N/AN/A90,78152,079828,0181,038,515