MU Options History — June 2022

In June 2022, MU traded between $54.80 and $74.90. ATM implied volatility averaged 54.1%, placing in the 67.6% IV rank vs the trailing year. The 30-day expected move averaged 15.8%. IV traded below realized volatility by 0.3% (HV 20d: 54.4%). Max pain ranged from $65.00 to $76.00. Net GEX was positive for 1 of 21 trading days. Term structure was in contango for 0 of 21 days. Put/call ratio averaged 1.01.

Notable Days

2022-06-30: Highest Volume — 279,505 contracts
2022-06-16: Largest IV spike — 12.2% change
2022-06-13: Highest IV Rank — 85.2%
2022-06-30: Largest Expected Move — 18.3%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$61.94	$54.80	$74.90	$73.94	$55.33
Max Pain	$70.17	$65.00	$76.00	$76.00	$65.00
ATM IV	54.1%	48.0%	61.6%	49.4%	56.8%
Expected Move	15.8%	12.9%	18.3%	12.9%	18.3%
HV 20d	54.4%	50.0%	58.8%	52.2%	52.1%
HV 60d	48.9%	46.7%	51.2%	49.8%	48.2%
IV Rank	67.6%	52.8%	85.2%	56.2%	73.9%
IV Percentile	88.0%	74.2%	97.2%	80.2%	92.5%
Term Structure	-1.3%	-3.0%	-0.3%	-1.3%	-1.6%
VWIV	55.1%	45.2%	63.9%	45.2%	63.9%
Skew 25d	8.2%	6.4%	10.8%	8.3%	6.9%
Skew 10d	15.7%	13.0%	20.0%	15.9%	14.0%
Call IV 25d	50.4%	44.9%	56.6%	45.8%	54.4%
Put IV 25d	58.6%	52.8%	67.4%	54.1%	61.2%
Bid-Ask Spread %	1.88	1.56	2.23	2.19	1.81
Gamma HHI	0.10	0.06	0.16	0.06	0.06
Net GEX	-28.7M	-52.2M	227.0K	-5.9M	-23.3M
Net DEX	1.68B	208.2M	2.79B	378.9M	1.81B
Net VEX	-12.3M	-14.7M	-10.5M	-14.6M	-11.2M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	1.01	0.50	1.43	0.71	0.92
Total Volume	121,075.524	59,822	279,505	73,857	279,505
Total OI	1,397,758	1,182,392	1,605,201	1,363,999	1,374,383

Daily Data (21 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
2022-06-01	$73.94	$76.00	49.4%	12.9%	52.2%	56.2%	45.2%	8.3%	-1.3%	-5.9M	378.9M	-14.6M	0.71	2.19	N/A	N/A	43,290	30,567	578,812	785,187
2022-06-02	$74.90	$72.50	48.0%	13.3%	51.0%	52.8%	47.9%	7.9%	-1.3%	227.0K	208.2M	-14.7M	0.62	2.20	N/A	N/A	44,331	27,568	589,744	796,949
2022-06-03	$69.86	$72.50	50.5%	14.0%	55.5%	58.9%	52.0%	8.1%	-1.7%	-26.6M	1.13B	-13.9M	1.14	1.76	N/A	N/A	90,799	103,446	598,693	802,339
2022-06-06	$70.35	$72.50	50.5%	14.0%	55.3%	59.0%	52.6%	7.3%	-1.1%	-25.2M	1.01B	-14.0M	1.04	1.91	N/A	N/A	47,597	49,292	595,067	813,673
2022-06-07	$70.60	$72.50	49.2%	13.8%	54.1%	55.7%	49.6%	7.4%	-0.8%	-25.3M	996.9M	-13.9M	1.14	1.99	N/A	N/A	42,463	48,593	604,041	837,821
2022-06-08	$68.58	$72.50	50.0%	14.3%	54.8%	57.8%	50.5%	7.5%	-0.3%	-38.6M	1.34B	-13.6M	1.24	2.23	N/A	N/A	56,768	70,304	616,348	854,285
2022-06-09	$66.55	$72.50	52.1%	14.5%	54.9%	62.7%	50.6%	7.3%	-2.1%	-47.4M	1.63B	-13.4M	1.27	1.92	N/A	N/A	50,781	64,587	633,678	863,354
2022-06-10	$62.68	$72.50	55.1%	15.5%	58.8%	69.9%	53.2%	8.0%	-1.7%	-52.2M	2.24B	-12.5M	1.38	1.94	N/A	N/A	68,282	94,182	648,663	873,013
2022-06-13	$58.88	$72.50	61.6%	17.4%	54.0%	85.2%	60.0%	10.8%	-1.0%	-47.9M	2.52B	-11.6M	1.42	2.02	N/A	N/A	75,928	107,656	628,750	862,363
2022-06-14	$58.65	$70.00	60.2%	17.2%	53.9%	82.0%	59.2%	10.3%	-3.0%	-45.9M	2.52B	-11.7M	1.27	2.10	N/A	N/A	44,932	56,941	657,145	872,505
2022-06-15	$59.40	$70.00	54.5%	15.6%	50.0%	68.4%	53.8%	9.4%	-0.5%	-46.8M	2.43B	-11.8M	0.61	2.15	N/A	N/A	58,367	35,820	674,017	879,354
2022-06-16	$54.80	$70.00	61.1%	17.6%	54.9%	84.3%	60.6%	10.8%	-1.6%	-39.6M	2.79B	-10.5M	1.43	1.96	N/A	N/A	52,838	75,756	695,395	879,136
2022-06-17	$55.45	$70.00	58.3%	16.9%	55.6%	77.4%	57.3%	9.8%	-1.5%	-25.0M	2.71B	-10.8M	1.13	1.65	N/A	N/A	58,558	65,883	714,154	891,047
2022-06-21	$56.85	$67.50	54.3%	16.1%	56.9%	68.0%	55.3%	8.7%	-0.6%	-24.9M	1.71B	-11.0M	0.50	1.89	N/A	N/A	57,319	28,602	491,221	691,171
2022-06-22	$56.42	$67.50	55.2%	16.4%	56.3%	70.1%	57.7%	8.7%	-1.1%	-22.9M	1.75B	-11.1M	0.96	1.61	N/A	N/A	30,558	29,264	511,621	699,518
2022-06-23	$56.31	$67.50	54.9%	16.4%	55.7%	69.3%	59.1%	7.9%	-0.8%	-23.0M	1.77B	-11.0M	0.99	1.65	N/A	N/A	41,499	40,916	522,473	712,461
2022-06-24	$58.11	$67.50	52.1%	15.7%	56.8%	62.6%	53.4%	7.0%	-0.7%	-5.6M	1.55B	-11.8M	1.07	1.61	N/A	N/A	57,937	61,731	538,222	736,795
2022-06-27	$58.97	$67.50	52.6%	16.2%	54.9%	63.9%	55.2%	6.6%	-1.5%	-26.2M	1.46B	-12.0M	0.68	1.71	N/A	N/A	59,706	40,625	512,672	734,719
2022-06-28	$58.02	$67.50	53.9%	16.9%	52.4%	66.9%	58.3%	6.4%	-1.0%	-24.6M	1.53B	-11.9M	0.91	1.68	N/A	N/A	49,103	44,601	530,479	742,985
2022-06-29	$56.00	$67.50	56.7%	18.3%	52.4%	73.7%	62.7%	7.1%	-1.9%	-25.5M	1.76B	-11.3M	0.72	1.56	N/A	N/A	90,659	65,032	547,178	761,487
2022-06-30	$55.33	$65.00	56.8%	18.3%	52.1%	73.9%	63.9%	6.9%	-1.6%	-23.3M	1.81B	-11.2M	0.92	1.81	N/A	N/A	145,390	134,115	590,104	784,279