MU Options History — August 2022

In August 2022, MU traded between $56.47 and $64.92. ATM implied volatility averaged 41.5%, placing in the 37.3% IV rank vs the trailing year. The 30-day expected move averaged 11.6%. IV traded above realized volatility by 0.6% (HV 20d: 40.8%). Max pain ranged from $60.00 to $70.00. Net GEX was positive for 1 of 23 trading days. Term structure was in contango for 12 of 23 days. Put/call ratio averaged 1.14.

Notable Days

  • 2022-08-09: Highest Volume — 180,288 contracts
  • 2022-08-22: Largest IV spike — 11.9% change
  • 2022-08-31: Highest IV Rank — 59.9%
  • 2022-08-30: Largest Expected Move — 13.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$61.02$56.47$64.92$62.64$56.97
Max Pain$66.30$60.00$70.00$60.00$65.00
ATM IV41.5%36.9%50.9%40.8%50.9%
Expected Move11.6%10.6%13.2%12.1%13.0%
HV 20d40.8%32.0%49.1%37.0%47.6%
HV 60d47.5%46.0%49.3%49.1%46.3%
IV Rank37.3%26.3%59.9%35.8%59.9%
IV Percentile42.8%24.2%77.0%41.3%77.0%
Term Structure0.8%-1.2%4.4%-0.7%-0.9%
VWIV41.0%36.2%46.1%41.9%45.4%
Skew 25d5.9%4.4%8.0%6.6%7.3%
Skew 10d12.2%9.7%15.4%13.7%15.1%
Call IV 25d38.9%35.0%47.8%38.4%47.8%
Put IV 25d44.9%39.3%55.4%45.0%55.1%
Bid-Ask Spread %1.861.373.102.071.52
Gamma HHI0.080.050.190.060.08
Net GEX-22.7M-34.2M13.5M-21.9M-31.9M
Net DEX968.6M206.2M1.63B724.4M1.53B
Net VEX-12.6M-13.5M-11.4M-13.3M-11.7M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.140.572.851.182.85
Total Volume90,986.04350,383180,288109,614103,135
Total OI1,401,870.3911,323,8071,489,7001,361,5821,400,490

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-08-01$62.64$60.0040.8%12.1%37.0%35.8%41.9%6.6%-0.7%-21.9M724.4M-13.3M1.182.07N/AN/A50,32859,286537,765823,817
2022-08-02$62.49$60.0042.2%12.2%32.0%39.0%43.4%6.4%-1.2%-24.7M767.6M-13.3M1.432.23N/AN/A29,73042,528548,856840,251
2022-08-03$64.29$60.0039.1%11.3%32.9%31.6%40.9%5.7%-0.7%-9.8M423.0M-13.4M1.052.05N/AN/A47,33249,567553,184846,631
2022-08-04$64.66$70.0038.7%11.0%32.4%30.6%39.5%5.7%-0.7%-3.5M349.1M-13.5M0.881.72N/AN/A40,81235,837563,191853,855
2022-08-05$62.40$70.0038.7%11.1%35.4%30.7%39.4%5.7%-0.2%-21.9M820.5M-13.1M1.322.12N/AN/A46,88061,905570,207864,334
2022-08-08$61.43$70.0040.1%11.2%35.1%33.9%40.0%6.1%-0.8%-26.0M963.0M-12.8M1.121.60N/AN/A37,60842,205550,028827,274
2022-08-09$59.05$70.0041.2%11.6%37.8%36.6%41.4%6.0%-0.4%-34.2M1.37B-12.2M1.361.37N/AN/A76,439103,849557,549834,050
2022-08-10$61.38$70.0037.6%10.7%40.2%28.1%36.2%5.4%-0.3%-26.5M917.0M-12.8M1.411.54N/AN/A51,57472,867569,774851,104
2022-08-11$62.30$70.0038.2%11.0%40.5%29.5%39.4%5.0%0.1%-20.2M709.5M-12.8M0.971.68N/AN/A58,94157,360579,436858,672
2022-08-12$64.92$70.0036.9%10.7%41.2%26.4%37.5%4.4%0.7%13.5M206.2M-13.1M0.801.64N/AN/A75,90860,999584,100864,574
2022-08-15$64.85$70.0037.8%10.9%40.5%28.6%38.7%4.8%0.7%-9.4M299.9M-13.0M0.611.70N/AN/A44,38227,146563,722845,050
2022-08-16$63.92$70.0036.9%10.6%38.8%26.3%38.1%4.8%1.0%-12.5M455.4M-12.8M1.022.22N/AN/A24,97725,406576,416852,409
2022-08-17$61.66$65.0038.4%11.0%40.8%29.9%40.0%5.2%1.4%-27.5M957.0M-12.6M1.432.31N/AN/A48,46069,262585,551866,735
2022-08-18$63.14$65.0038.0%10.8%41.7%29.0%38.0%5.3%0.9%-16.9M626.6M-13.0M1.261.47N/AN/A35,72944,979592,513878,822
2022-08-19$60.43$65.0039.3%11.2%42.7%32.2%39.2%5.1%1.3%-31.2M1.14B-12.4M0.791.44N/AN/A50,84640,308600,151889,549
2022-08-22$58.00$65.0044.0%12.4%44.6%43.3%42.6%6.7%3.6%-33.3M1.49B-11.9M0.761.44N/AN/A31,99824,232525,210798,597
2022-08-23$57.97$65.0043.4%12.1%44.6%42.0%41.6%6.3%3.4%-33.9M1.49B-11.8M0.931.65N/AN/A29,68127,703533,869802,869
2022-08-24$58.49$65.0043.7%12.0%41.5%42.7%42.1%6.3%3.3%-31.3M1.40B-12.1M1.001.74N/AN/A31,84931,767544,880809,645
2022-08-25$61.12$65.0041.6%11.3%44.8%37.6%40.8%6.0%4.4%-20.9M962.2M-12.5M0.572.15N/AN/A45,65025,925559,599816,460
2022-08-26$57.70$65.0046.5%12.7%49.1%49.2%45.1%6.5%3.9%-33.8M1.50B-11.8M1.242.12N/AN/A41,74351,773567,370820,395
2022-08-29$57.17$65.0049.3%12.9%48.9%56.0%44.7%8.0%-0.6%-31.3M1.53B-11.6M1.221.90N/AN/A25,98131,723551,959807,209
2022-08-30$56.47$65.0050.7%13.2%48.9%59.4%46.1%7.6%-0.6%-33.3M1.63B-11.4M1.083.10N/AN/A36,50039,569560,522814,375
2022-08-31$56.97$65.0050.9%13.0%47.6%59.9%45.4%7.3%-0.9%-31.9M1.53B-11.7M2.851.52N/AN/A26,81676,319573,093827,397