MU Options History — October 2023

In October 2023, MU traded between $64.60 and $70.19. ATM implied volatility averaged 34.9%, placing in the 15.1% IV rank vs the trailing year. The 30-day expected move averaged 10.1%. IV traded above realized volatility by 8.7% (HV 20d: 26.1%). Max pain ranged from $67.00 to $67.50. Net GEX was positive for 14 of 22 trading days. Term structure was in contango for 5 of 22 days. Put/call ratio averaged 0.96.

Notable Days

  • 2023-10-10: Highest Volume — 92,061 contracts
  • 2023-10-03: Largest IV spike — 7.4% change
  • 2023-10-26: Highest IV Rank — 28.0%
  • 2023-10-26: Largest Expected Move — 11.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$68.05$64.60$70.19$67.69$66.84
Max Pain$67.43$67.00$67.50$67.00$67.50
ATM IV34.9%32.1%37.1%34.3%35.0%
Expected Move10.1%9.2%11.1%10.0%10.5%
HV 20d26.1%21.2%28.9%27.2%21.8%
HV 60d31.1%29.8%32.1%32.1%30.1%
IV Rank15.1%1.8%28.0%10.4%16.9%
IV Percentile17.8%2.8%36.5%10.7%19.8%
Term Structure-0.3%-1.3%0.4%-0.1%0.1%
VWIV35.3%32.1%39.0%34.5%35.8%
Skew 25d4.1%3.3%5.0%3.4%4.5%
Skew 10d8.2%6.6%10.0%7.0%9.0%
Call IV 25d32.9%30.5%35.0%32.8%32.8%
Put IV 25d37.0%34.0%40.0%36.2%37.3%
Bid-Ask Spread %1.641.261.911.831.84
Gamma HHI0.060.050.170.050.07
Net GEX6.4M-20.3M48.1M5.2M-6.8M
Net DEX-243.5M-759.1M382.8M-202.7M1.9M
Net VEX-10.2M-10.6M-10.0M-10.5M-10.1M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.960.511.551.040.90
Total Volume47,528.27323,75492,06152,09431,192
Total OI1,115,372.591991,9011,184,4411,124,8121,059,964

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-10-02$67.69$67.0034.3%10.0%27.2%10.4%34.5%3.4%-0.1%5.2M-202.7M-10.5M1.041.83N/AN/A25,52026,574457,574667,238
2023-10-03$67.59$67.0036.8%10.8%27.0%21.8%37.5%3.5%-0.4%3.4M-190.8M-10.6M0.691.69N/AN/A32,03722,063462,797676,633
2023-10-04$68.16$67.0036.0%10.4%27.3%18.6%37.2%3.3%-0.6%9.5M-293.5M-10.6M1.301.85N/AN/A14,78419,167469,768680,060
2023-10-05$69.38$67.5035.2%9.9%28.1%15.0%34.2%3.4%-0.3%21.6M-520.1M-10.5M0.551.40N/AN/A43,00823,695474,482684,966
2023-10-06$70.19$67.5033.6%9.6%28.4%8.2%32.5%3.3%-0.1%48.1M-759.1M-10.2M0.691.51N/AN/A37,25725,605479,477688,916
2023-10-09$69.34$67.5034.6%9.7%28.7%12.6%34.2%3.8%-0.8%19.8M-516.3M-10.3M0.851.26N/AN/A12,87210,970457,534663,672
2023-10-10$69.25$67.5033.6%9.5%28.5%8.2%33.1%3.6%-0.4%21.9M-527.6M-10.0M0.741.30N/AN/A52,95839,103462,242666,502
2023-10-11$70.06$67.5032.4%9.3%28.9%3.2%32.1%3.5%-0.1%28.8M-683.3M-10.2M0.511.31N/AN/A24,38112,396473,195682,040
2023-10-12$69.84$67.5032.1%9.2%28.0%1.8%33.4%3.5%0.1%28.8M-645.2M-10.1M1.131.30N/AN/A20,62223,228476,217684,516
2023-10-13$69.22$67.5034.2%9.7%26.4%10.7%33.9%4.2%-0.4%11.4M-482.6M-10.3M1.261.66N/AN/A17,24921,744480,055693,825
2023-10-16$69.25$67.5033.3%9.5%26.3%7.5%33.4%4.0%-0.6%15.2M-415.6M-10.1M0.571.42N/AN/A21,43412,287457,525680,866
2023-10-17$68.85$67.5032.8%9.4%26.3%5.2%34.2%4.3%-0.4%11.9M-331.0M-10.1M1.551.38N/AN/A12,91919,965466,039685,810
2023-10-18$68.93$67.5034.5%9.9%26.2%13.5%34.6%4.3%-0.7%11.9M-348.5M-10.3M0.581.61N/AN/A23,64313,788471,144695,039
2023-10-19$67.40$67.5036.3%10.5%25.5%22.1%36.5%4.4%-1.3%-10.3M-41.5M-10.1M0.861.67N/AN/A26,90523,079475,375699,909
2023-10-20$67.28$67.5035.9%10.4%24.9%20.4%36.4%4.6%-1.1%-13.3M-524.0K-10.2M1.261.73N/AN/A26,59933,558481,332703,109
2023-10-23$66.90$67.5035.6%10.5%24.7%20.1%37.0%4.5%0.1%-7.6M29.8M-10.1M0.891.91N/AN/A31,05527,674404,133587,768
2023-10-24$68.09$67.5034.3%10.1%25.4%13.4%35.0%4.2%-0.0%1.3M-193.4M-10.1M1.051.87N/AN/A11,60012,154422,856600,159
2023-10-25$66.37$67.5036.5%10.8%27.0%24.7%36.5%4.8%-0.2%-10.9M97.1M-10.2M1.141.90N/AN/A22,66625,758429,684604,147
2023-10-26$64.60$67.5037.1%11.1%25.2%28.0%39.0%5.0%0.4%-20.3M382.8M-10.1M0.921.83N/AN/A39,29436,125437,050608,162
2023-10-27$65.63$67.5036.5%10.9%21.2%24.6%38.5%4.7%0.1%-18.9M210.1M-10.2M1.401.83N/AN/A16,32122,875443,605617,294
2023-10-30$66.31$67.5036.6%11.0%21.6%25.4%38.3%4.6%-0.1%-9.1M72.5M-10.0M1.211.89N/AN/A22,42527,073421,222604,296
2023-10-31$66.84$67.5035.0%10.5%21.8%16.9%35.8%4.5%0.1%-6.8M1.9M-10.1M0.901.84N/AN/A16,40914,783435,680624,284