MU Options History — September 2022

In September 2022, MU traded between $49.26 and $57.81. ATM implied volatility averaged 53.0%, placing in the 64.8% IV rank vs the trailing year. The 30-day expected move averaged 14.9%. IV traded above realized volatility by 10.2% (HV 20d: 42.8%). Max pain ranged from $57.50 to $65.00. Net GEX was positive for 0 of 21 trading days. Term structure was in contango for 1 of 21 days. Put/call ratio averaged 1.31.

Notable Days

2022-09-30: Highest Volume — 269,373 contracts
2022-09-30: Largest IV drop — 14.1% change
2022-09-27: Highest IV Rank — 75.7%
2022-09-27: Largest Expected Move — 17.0%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$52.91	$49.26	$57.81	$56.94	$50.58
Max Pain	$60.90	$57.50	$65.00	$65.00	$57.50
ATM IV	53.0%	47.5%	57.6%	51.5%	48.6%
Expected Move	14.9%	13.1%	17.0%	13.2%	13.9%
HV 20d	42.8%	34.5%	49.0%	47.5%	36.8%
HV 60d	42.7%	39.6%	46.3%	46.3%	39.6%
IV Rank	64.8%	51.7%	75.7%	61.3%	54.4%
IV Percentile	81.8%	60.7%	93.7%	79.8%	60.7%
Term Structure	-1.0%	-2.0%	0.4%	-0.5%	0.4%
VWIV	52.5%	44.0%	59.0%	48.5%	49.2%
Skew 25d	7.9%	6.7%	9.3%	8.0%	7.0%
Skew 10d	15.3%	12.8%	17.8%	15.7%	13.6%
Call IV 25d	49.2%	44.1%	53.2%	48.2%	45.8%
Put IV 25d	57.1%	51.4%	61.8%	56.2%	52.8%
Bid-Ask Spread %	2.08	1.47	3.69	2.21	1.65
Gamma HHI	0.09	0.06	0.19	0.08	0.07
Net GEX	-26.6M	-37.2M	-13.9M	-32.1M	-17.8M
Net DEX	1.61B	1.33B	1.99B	1.52B	1.36B
Net VEX	-10.5M	-11.8M	-9.7M	-11.8M	-10.1M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	1.31	0.71	2.35	1.54	1.40
Total Volume	112,057.238	55,293	269,373	92,807	269,373
Total OI	1,401,469.286	1,235,158	1,529,672	1,422,026	1,509,960

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
2022-09-01	$56.94	$65.00	51.5%	13.2%	47.5%	61.3%	48.5%	8.0%	-0.5%	-32.1M	1.52B	-11.8M	1.54	2.21	N/A	N/A	36,492	56,315	584,055	837,971
2022-09-02	$56.16	$65.00	52.3%	13.1%	46.3%	63.2%	46.1%	8.0%	-1.1%	-37.2M	1.65B	-11.6M	0.95	1.94	N/A	N/A	43,425	41,225	590,766	855,290
2022-09-06	$55.29	$62.50	53.3%	14.5%	46.3%	65.5%	53.0%	7.6%	-1.5%	-32.3M	1.75B	-10.9M	1.47	1.47	N/A	N/A	39,974	58,732	578,511	829,456
2022-09-07	$55.40	$62.50	51.2%	14.1%	44.6%	60.5%	48.5%	7.8%	-1.4%	-33.5M	1.74B	-10.9M	1.22	1.75	N/A	N/A	39,853	48,432	585,799	838,964
2022-09-08	$55.15	$62.50	50.0%	13.8%	41.7%	57.7%	47.2%	7.9%	-1.1%	-34.6M	1.74B	-10.8M	1.14	1.63	N/A	N/A	32,992	37,666	599,130	844,158
2022-09-09	$57.44	$62.50	47.5%	13.1%	44.3%	51.7%	44.0%	7.3%	-1.2%	-17.4M	1.37B	-11.5M	0.71	2.12	N/A	N/A	48,288	34,327	609,938	850,953
2022-09-12	$57.81	$62.50	47.7%	13.5%	41.2%	52.1%	45.6%	7.3%	-0.1%	-25.4M	1.35B	-11.4M	0.95	1.95	N/A	N/A	37,930	36,196	598,763	833,260
2022-09-13	$53.34	$62.50	53.5%	15.1%	48.9%	65.9%	53.1%	8.4%	-0.4%	-30.3M	1.91B	-10.4M	1.21	1.65	N/A	N/A	47,649	57,607	616,260	838,124
2022-09-14	$53.22	$62.50	52.8%	14.9%	49.0%	64.3%	52.0%	8.8%	-0.5%	-32.2M	1.92B	-10.3M	2.35	2.75	N/A	N/A	33,254	78,097	624,178	844,272
2022-09-15	$52.74	$62.50	52.9%	14.9%	47.9%	64.6%	58.7%	8.2%	-1.1%	-31.7M	1.93B	-10.4M	2.33	3.69	N/A	N/A	29,218	67,952	636,047	850,266
2022-09-16	$52.39	$60.00	53.0%	14.8%	46.5%	64.9%	52.7%	6.9%	-2.0%	-24.2M	1.99B	-10.4M	2.06	1.75	N/A	N/A	34,483	70,867	643,644	886,028
2022-09-19	$52.38	$60.00	53.3%	15.1%	44.7%	65.6%	51.5%	7.4%	-1.2%	-25.1M	1.43B	-10.3M	0.92	1.65	N/A	N/A	28,826	26,467	488,945	746,213
2022-09-20	$51.19	$60.00	54.4%	15.5%	43.3%	68.3%	53.9%	8.0%	-1.5%	-26.6M	1.56B	-9.9M	1.02	1.95	N/A	N/A	43,375	44,188	501,318	763,742
2022-09-21	$50.22	$60.00	55.0%	15.8%	43.5%	69.7%	54.3%	8.2%	-1.4%	-28.0M	1.64B	-9.7M	1.43	2.38	N/A	N/A	47,520	68,142	516,503	777,479
2022-09-22	$50.18	$60.00	54.5%	15.7%	43.2%	68.5%	55.1%	6.7%	-1.2%	-29.7M	1.63B	-10.0M	0.76	2.52	N/A	N/A	50,554	38,253	529,677	791,010
2022-09-23	$50.00	$60.00	55.6%	16.1%	38.7%	71.0%	55.6%	7.6%	-1.4%	-34.5M	1.62B	-9.9M	0.95	2.22	N/A	N/A	65,933	62,619	551,552	797,991
2022-09-26	$49.26	$59.00	57.1%	16.7%	34.5%	74.6%	58.0%	8.3%	-1.0%	-19.7M	1.56B	-9.7M	1.38	1.96	N/A	N/A	46,485	64,106	541,012	776,677
2022-09-27	$50.30	$57.50	57.6%	17.0%	35.9%	75.7%	58.7%	8.5%	-0.8%	-16.2M	1.43B	-10.2M	1.26	2.33	N/A	N/A	44,950	56,498	561,929	796,793
2022-09-28	$51.05	$57.50	54.6%	16.1%	36.6%	68.5%	56.8%	8.3%	-0.6%	-13.9M	1.33B	-10.4M	1.14	1.59	N/A	N/A	73,956	84,445	577,259	805,423
2022-09-29	$50.15	$57.50	56.6%	16.8%	36.5%	73.4%	59.0%	9.3%	-0.7%	-16.7M	1.43B	-10.2M	1.28	2.53	N/A	N/A	99,539	126,999	594,265	827,274
2022-09-30	$50.58	$57.50	48.6%	13.9%	36.8%	54.4%	49.2%	7.0%	0.4%	-17.8M	1.36B	-10.1M	1.40	1.65	N/A	N/A	112,329	157,044	624,528	885,432