MU Options History — October 2022

In October 2022, MU traded between $51.72 and $56.47. ATM implied volatility averaged 50.4%, placing in the 57.5% IV rank vs the trailing year. The 30-day expected move averaged 14.6%. IV traded above realized volatility by 11.5% (HV 20d: 38.9%). Max pain ranged from $55.00 to $57.50. Net GEX was positive for 0 of 21 trading days. Term structure was in contango for 3 of 21 days. Put/call ratio averaged 1.25.

Notable Days

2022-10-13: Highest Volume — 165,081 contracts
2022-10-10: Largest IV spike — 5.3% change
2022-10-12: Highest IV Rank — 70.1%
2022-10-12: Largest Expected Move — 15.6%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$53.91	$51.72	$56.47	$51.97	$54.21
Max Pain	$55.33	$55.00	$57.50	$57.50	$55.00
ATM IV	50.4%	46.6%	55.2%	49.1%	47.7%
Expected Move	14.6%	13.7%	15.6%	14.0%	14.6%
HV 20d	38.9%	32.2%	44.7%	38.5%	43.8%
HV 60d	41.4%	40.0%	43.1%	40.0%	42.6%
IV Rank	57.5%	45.9%	70.1%	55.5%	48.6%
IV Percentile	66.1%	45.6%	89.3%	63.1%	50.0%
Term Structure	-0.9%	-2.9%	0.1%	0.1%	-0.2%
VWIV	50.7%	48.2%	54.0%	51.0%	50.3%
Skew 25d	7.8%	6.5%	9.3%	8.0%	6.8%
Skew 10d	15.4%	12.7%	17.9%	15.7%	13.1%
Call IV 25d	46.8%	43.5%	51.1%	45.7%	44.1%
Put IV 25d	54.6%	50.2%	59.9%	53.6%	50.9%
Bid-Ask Spread %	1.96	1.62	2.58	1.70	1.94
Gamma HHI	0.07	0.06	0.17	0.07	0.07
Net GEX	-14.8M	-32.6M	-5.0M	-21.2M	-20.7M
Net DEX	960.3M	527.7M	1.34B	1.26B	924.9M
Net VEX	-10.9M	-11.5M	-10.4M	-10.4M	-10.7M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	1.25	0.75	2.33	1.19	1.01
Total Volume	114,406.143	71,867	165,081	129,949	84,660
Total OI	1,409,230.905	1,216,597	1,511,484	1,366,875	1,303,684

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
2022-10-03	$51.97	$57.50	49.1%	14.0%	38.5%	55.5%	51.0%	8.0%	0.1%	-21.2M	1.26B	-10.4M	1.19	1.70	N/A	N/A	59,395	70,554	544,276	822,599
2022-10-04	$53.90	$57.50	48.3%	13.9%	40.8%	53.6%	49.0%	7.9%	-0.4%	-13.4M	1.01B	-10.9M	1.04	1.93	N/A	N/A	60,508	62,979	556,916	845,569
2022-10-05	$55.00	$57.00	47.9%	13.7%	41.5%	52.6%	48.5%	7.8%	-0.2%	-8.4M	852.3M	-11.1M	0.78	1.81	N/A	N/A	75,283	58,563	570,645	856,387
2022-10-06	$54.55	$55.00	48.8%	13.8%	41.5%	54.9%	48.8%	8.2%	-0.1%	-8.2M	878.2M	-11.3M	0.98	2.58	N/A	N/A	68,440	67,353	599,270	867,915
2022-10-07	$52.89	$55.00	50.3%	14.3%	39.9%	58.3%	50.1%	8.3%	-0.4%	-18.6M	1.22B	-11.0M	0.75	2.21	N/A	N/A	76,543	57,278	609,012	892,623
2022-10-10	$51.72	$55.00	52.9%	14.8%	40.2%	64.7%	50.7%	9.3%	-1.2%	-23.4M	1.34B	-10.6M	0.98	1.81	N/A	N/A	41,129	40,268	579,964	855,342
2022-10-11	$53.79	$55.00	54.5%	15.0%	32.2%	68.5%	52.5%	8.9%	-1.7%	-14.0M	978.7M	-11.2M	1.03	2.23	N/A	N/A	61,283	63,050	589,943	851,120
2022-10-12	$53.06	$55.00	55.2%	15.6%	32.6%	70.1%	53.6%	8.8%	-0.9%	-15.4M	1.07B	-11.1M	1.69	1.70	N/A	N/A	31,618	53,384	606,481	862,399
2022-10-13	$54.92	$55.00	53.6%	15.1%	34.6%	66.2%	53.2%	8.7%	-1.1%	-5.0M	767.7M	-11.5M	2.33	1.67	N/A	N/A	49,594	115,487	611,511	862,838
2022-10-14	$52.96	$55.00	53.8%	15.3%	37.1%	66.7%	52.9%	8.3%	-0.9%	-16.0M	1.09B	-11.0M	1.37	1.82	N/A	N/A	47,757	65,587	624,166	876,694
2022-10-17	$53.63	$55.00	52.8%	15.1%	37.4%	64.3%	50.4%	8.1%	-2.9%	-12.0M	997.2M	-10.8M	1.05	1.93	N/A	N/A	49,430	52,135	599,448	847,603
2022-10-18	$52.43	$55.00	52.6%	15.0%	37.4%	62.9%	54.0%	8.2%	-1.4%	-17.1M	1.16B	-10.5M	1.64	1.99	N/A	N/A	41,815	68,644	606,383	853,110
2022-10-19	$52.88	$55.00	52.3%	15.0%	36.6%	61.9%	51.1%	8.2%	-1.5%	-17.7M	1.10B	-10.6M	1.39	2.05	N/A	N/A	41,598	57,954	611,310	867,182
2022-10-20	$53.51	$55.00	51.3%	14.8%	36.8%	59.6%	50.4%	7.5%	-2.1%	-14.8M	973.9M	-10.8M	1.17	2.18	N/A	N/A	41,408	48,651	620,504	870,067
2022-10-21	$56.20	$55.00	49.8%	14.5%	40.1%	55.8%	49.5%	7.5%	-2.2%	-7.8M	527.7M	-11.3M	0.97	2.20	N/A	N/A	58,330	56,697	632,306	879,178
2022-10-24	$56.47	$55.00	48.9%	14.5%	39.3%	52.4%	51.3%	7.1%	-0.3%	-6.0M	565.7M	-11.1M	1.35	1.98	N/A	N/A	50,638	68,299	489,215	727,382
2022-10-25	$56.00	$55.00	47.1%	14.0%	39.3%	47.6%	48.2%	6.5%	0.0%	-7.5M	634.5M	-11.3M	0.84	1.62	N/A	N/A	39,096	32,771	513,184	762,635
2022-10-26	$55.62	$55.00	46.9%	14.0%	39.4%	47.0%	49.7%	7.0%	-0.4%	-8.5M	691.9M	-11.1M	1.94	1.67	N/A	N/A	44,106	85,660	518,636	767,143
2022-10-27	$52.63	$55.00	48.8%	14.8%	44.1%	51.6%	50.7%	7.1%	-0.3%	-22.4M	1.14B	-10.5M	1.66	2.31	N/A	N/A	47,936	79,780	528,186	778,469
2022-10-28	$53.86	$55.00	46.6%	14.0%	44.7%	45.9%	48.8%	6.7%	0.1%	-32.6M	973.2M	-10.7M	1.15	1.81	N/A	N/A	59,004	67,864	535,832	796,722
2022-10-31	$54.21	$55.00	47.7%	14.6%	43.8%	48.6%	50.3%	6.8%	-0.2%	-20.7M	924.9M	-10.7M	1.01	1.94	N/A	N/A	42,189	42,471	518,642	785,042