MU Options History — April 2022

In April 2022, MU traded between $66.69 and $77.53. ATM implied volatility averaged 47.4%, placing in the 51.4% IV rank vs the trailing year. The 30-day expected move averaged 13.7%. IV traded above realized volatility by 1.8% (HV 20d: 45.6%). Max pain ranged from $75.00 to $80.00. Net GEX was positive for 0 of 20 trading days. Term structure was in contango for 7 of 20 days. Put/call ratio averaged 0.67.

Notable Days

2022-04-01: Highest Volume — 349,327 contracts
2022-04-26: Largest IV spike — 7.3% change
2022-04-26: Highest IV Rank — 69.8%
2022-04-26: Largest Expected Move — 16.3%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$71.75	$66.69	$77.53	$75.31	$68.58
Max Pain	$76.38	$75.00	$80.00	$80.00	$75.00
ATM IV	47.4%	40.5%	55.1%	43.7%	53.2%
Expected Move	13.7%	12.0%	16.3%	12.8%	15.9%
HV 20d	45.6%	33.8%	63.3%	63.3%	39.4%
HV 60d	56.5%	55.5%	57.5%	56.6%	56.3%
IV Rank	51.4%	35.0%	69.8%	42.6%	65.2%
IV Percentile	82.1%	67.1%	95.2%	76.2%	90.9%
Term Structure	-0.4%	-2.0%	1.2%	0.2%	-1.6%
VWIV	47.6%	41.3%	55.1%	45.5%	55.1%
Skew 25d	5.5%	2.8%	8.4%	2.8%	8.3%
Skew 10d	11.4%	5.6%	16.9%	6.2%	16.8%
Call IV 25d	45.3%	39.8%	51.4%	42.7%	50.7%
Put IV 25d	50.8%	42.6%	59.9%	45.5%	59.0%
Bid-Ask Spread %	1.90	1.61	2.65	1.82	2.39
Gamma HHI	0.08	0.05	0.31	0.07	0.07
Net GEX	-28.5M	-76.2M	-3.6M	-31.2M	-27.2M
Net DEX	1.21B	407.0M	1.72B	1.03B	1.37B
Net VEX	-16.1M	-17.1M	-14.7M	-16.8M	-15.5M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.67	0.42	0.97	0.64	0.68
Total Volume	130,752.6	84,439	349,327	349,327	98,581
Total OI	1,473,366.65	1,321,477	1,617,331	1,617,331	1,459,402

Daily Data (20 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
2022-04-01	$75.31	$80.00	43.7%	12.8%	63.3%	42.6%	45.5%	2.8%	0.2%	-31.2M	1.03B	-16.8M	0.64	1.82	N/A	N/A	213,469	135,858	767,291	850,040
2022-04-04	$77.53	$77.50	40.5%	12.0%	59.3%	35.0%	41.3%	2.8%	1.0%	-3.6M	407.0M	-17.1M	0.44	1.78	N/A	N/A	111,944	49,615	684,906	805,830
2022-04-05	$74.47	$80.00	43.2%	12.5%	60.4%	41.5%	44.0%	3.5%	1.0%	-26.8M	1.04B	-16.7M	0.87	1.64	N/A	N/A	77,240	66,823	701,134	821,492
2022-04-06	$74.10	$80.00	45.1%	13.0%	59.2%	45.8%	45.6%	5.0%	1.2%	-31.5M	1.14B	-16.8M	0.73	1.75	N/A	N/A	88,726	64,475	714,373	838,117
2022-04-07	$73.83	$80.00	45.3%	13.0%	55.8%	46.4%	45.5%	5.0%	0.8%	-32.8M	1.15B	-16.8M	0.66	1.88	N/A	N/A	92,229	60,567	726,264	845,074
2022-04-08	$72.33	$77.50	45.6%	13.2%	54.9%	47.2%	45.9%	4.8%	1.0%	-40.5M	1.55B	-16.5M	0.85	1.95	N/A	N/A	91,572	78,006	747,661	869,375
2022-04-11	$72.05	$77.50	48.3%	13.7%	51.7%	53.5%	48.1%	5.6%	-0.8%	-34.7M	1.32B	-16.4M	0.88	1.92	N/A	N/A	58,594	51,625	674,883	828,323
2022-04-12	$71.99	$75.00	47.5%	13.5%	48.2%	51.7%	47.0%	5.4%	-0.6%	-36.3M	1.32B	-16.4M	0.64	1.97	N/A	N/A	64,985	41,555	682,367	840,090
2022-04-13	$72.64	$75.00	44.4%	12.7%	39.8%	44.2%	43.6%	5.0%	0.1%	-30.4M	1.21B	-16.4M	0.62	1.73	N/A	N/A	65,900	41,060	698,234	845,660
2022-04-14	$70.30	$75.00	44.5%	12.6%	39.7%	44.6%	43.8%	5.0%	-0.6%	-76.2M	1.65B	-15.7M	0.70	1.91	N/A	N/A	73,502	51,696	710,614	851,467
2022-04-18	$70.89	$75.00	46.0%	13.1%	40.0%	48.1%	45.0%	5.3%	-0.4%	-25.2M	1.19B	-15.5M	0.42	1.63	N/A	N/A	79,684	33,824	574,972	746,505
2022-04-19	$72.54	$75.00	44.5%	12.8%	40.2%	44.6%	45.1%	5.0%	-0.4%	-11.9M	888.5M	-16.1M	0.70	1.61	N/A	N/A	53,689	37,507	605,169	756,267
2022-04-20	$73.38	$75.00	45.6%	13.1%	38.9%	47.2%	45.2%	4.8%	-0.5%	-4.1M	695.9M	-16.3M	0.61	1.63	N/A	N/A	70,269	42,803	621,198	767,614
2022-04-21	$70.84	$75.00	48.6%	14.0%	38.3%	54.3%	48.5%	5.1%	-0.9%	-20.6M	1.17B	-15.9M	0.67	1.80	N/A	N/A	58,462	38,946	630,344	772,574
2022-04-22	$69.80	$75.00	50.7%	14.6%	37.1%	59.3%	50.5%	6.1%	-1.0%	-35.0M	1.34B	-15.8M	0.97	1.70	N/A	N/A	63,187	61,161	637,008	778,256
2022-04-25	$69.89	$75.00	51.3%	15.0%	37.1%	60.8%	51.2%	6.8%	-1.1%	-24.8M	1.26B	-15.6M	0.68	2.29	N/A	N/A	50,245	34,194	601,571	766,330
2022-04-26	$67.59	$75.00	55.1%	16.3%	36.6%	69.8%	54.1%	8.4%	-2.0%	-28.7M	1.58B	-15.0M	0.53	2.65	N/A	N/A	71,394	38,011	617,131	772,521
2022-04-27	$66.69	$75.00	53.8%	15.8%	33.8%	66.7%	54.0%	8.1%	-1.7%	-31.7M	1.72B	-14.7M	0.56	2.16	N/A	N/A	57,588	32,512	638,039	780,973
2022-04-28	$70.34	$75.00	50.9%	15.1%	38.8%	59.8%	52.3%	7.9%	-1.3%	-15.9M	1.10B	-15.8M	0.48	1.77	N/A	N/A	76,716	36,838	651,465	786,799
2022-04-29	$68.58	$75.00	53.2%	15.9%	39.4%	65.2%	55.1%	8.3%	-1.6%	-27.2M	1.37B	-15.5M	0.68	2.39	N/A	N/A	58,694	39,887	667,649	791,753