MU Options History — April 2024

In April 2024, MU traded between $106.11 and $127.09. ATM implied volatility averaged 41.6%, placing in the 48.3% IV rank vs the trailing year. The 30-day expected move averaged 11.7%. IV traded below realized volatility by 14.6% (HV 20d: 56.2%). Max pain ranged from $90.00 to $100.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 5 of 22 days. Put/call ratio averaged 0.50.

Notable Days

  • 2024-04-01: Highest Volume — 488,060 contracts
  • 2024-04-19: Largest IV spike — 9.8% change
  • 2024-04-19: Highest IV Rank — 58.5%
  • 2024-04-19: Largest Expected Move — 12.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$118.36$106.11$127.09$123.91$113.79
Max Pain$97.84$90.00$100.00$90.00$100.00
ATM IV41.6%39.7%44.7%40.1%42.8%
Expected Move11.7%11.0%12.8%11.0%12.4%
HV 20d56.2%42.6%65.3%62.1%42.6%
HV 60d48.6%46.3%51.3%46.3%51.0%
IV Rank48.3%42.0%58.5%43.3%52.2%
IV Percentile83.5%76.6%91.7%80.2%87.3%
Term Structure-0.4%-1.6%1.3%-0.2%-0.7%
VWIV41.5%39.2%45.6%39.2%43.5%
Skew 25d-0.3%-3.5%1.7%-3.5%0.7%
Skew 10d-0.4%-7.3%4.0%-7.3%1.9%
Call IV 25d42.3%39.9%45.9%43.0%42.3%
Put IV 25d42.0%39.5%45.7%39.5%43.1%
Bid-Ask Spread %4.192.3010.186.113.55
Gamma HHI0.090.050.130.100.07
Net GEX76.0M7.6M158.1M121.7M51.3M
Net DEX-4.62B-7.16B-2.13B-6.53B-2.97B
Net VEX-15.5M-16.8M-14.1M-14.1M-15.5M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.500.290.990.480.57
Total Volume213,871.18274,296488,060488,06096,187
Total OI1,416,504.7731,155,6701,616,6781,362,9441,180,397

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-04-01$123.91$90.0040.1%11.0%62.1%43.3%39.2%-3.5%-0.2%121.7M-6.53B-14.1M0.486.11N/AN/A330,776157,284784,641578,303
2024-04-02$123.08$92.5040.5%11.0%62.5%44.5%39.5%-1.9%-0.3%105.4M-6.07B-15.6M0.344.47N/AN/A142,62248,993832,351628,470
2024-04-03$127.09$92.5043.0%11.8%61.4%52.9%42.0%-2.9%-0.7%133.9M-7.16B-15.5M0.353.86N/AN/A304,125107,078855,217636,071
2024-04-04$124.13$95.0043.9%12.2%62.9%56.0%43.6%-1.7%-0.9%111.3M-6.33B-16.8M0.367.34N/AN/A269,09697,731906,386669,116
2024-04-05$123.27$95.0041.6%11.6%62.8%48.2%41.3%-1.0%-0.7%93.9M-6.00B-16.3M0.423.84N/AN/A169,64370,517937,658679,020
2024-04-08$122.86$95.0041.8%11.8%62.6%48.7%41.8%-1.3%-0.5%101.7M-5.84B-16.2M0.334.13N/AN/A177,18459,018844,857621,395
2024-04-09$122.10$97.5040.3%11.3%60.5%43.8%40.2%-0.9%-0.6%90.0M-5.58B-16.0M0.373.58N/AN/A111,71541,232872,963646,015
2024-04-10$121.95$97.5040.2%11.3%60.4%43.7%40.1%-0.7%-0.9%83.6M-5.46B-15.9M0.566.04N/AN/A119,31466,746874,052656,511
2024-04-11$127.03$97.5039.7%11.2%58.8%42.0%39.8%-1.2%-0.8%158.1M-6.92B-15.7M0.383.21N/AN/A189,24172,773886,265655,894
2024-04-12$122.67$100.0040.6%11.6%59.5%45.1%40.9%0.1%-0.4%54.8M-5.57B-16.2M0.523.21N/AN/A133,46869,780896,084671,185
2024-04-15$120.97$100.0040.7%11.6%60.3%45.1%41.2%0.4%1.0%81.1M-5.21B-15.7M0.293.45N/AN/A124,64036,460837,725632,667
2024-04-16$122.04$100.0039.7%11.4%60.3%42.0%39.8%0.2%1.3%93.3M-5.46B-15.3M0.502.30N/AN/A93,89246,735849,098638,898
2024-04-17$116.75$100.0040.5%11.6%63.5%44.5%41.0%0.4%1.2%58.8M-4.28B-15.4M0.5010.18N/AN/A148,07773,619857,163644,857
2024-04-18$112.72$100.0040.7%11.6%65.3%45.2%40.8%0.6%0.8%34.6M-3.52B-15.3M0.542.42N/AN/A202,527109,327880,090647,783
2024-04-19$106.11$100.0044.7%12.8%50.6%58.5%45.6%1.7%0.5%7.6M-2.36B-15.2M0.994.57N/AN/A161,944160,681903,702663,058
2024-04-22$109.06$100.0042.0%11.9%51.7%49.7%42.4%1.4%-1.4%27.4M-2.13B-15.2M0.933.66N/AN/A76,72670,990641,918535,944
2024-04-23$112.34$100.0041.6%11.7%46.5%48.3%41.4%0.8%-1.1%44.6M-2.72B-15.3M0.414.06N/AN/A81,60233,378654,898554,447
2024-04-24$111.35$100.0042.7%12.0%46.2%51.9%42.0%0.7%-1.6%43.0M-2.58B-15.3M0.652.64N/AN/A69,27545,078672,743563,286
2024-04-25$111.98$100.0043.5%12.1%46.3%54.7%42.6%0.7%-1.6%53.8M-2.75B-15.2M0.594.78N/AN/A64,25137,735686,996566,132
2024-04-26$114.63$100.0041.9%11.6%47.1%49.3%40.9%0.7%-1.2%77.0M-3.20B-15.4M0.512.46N/AN/A105,48553,925690,786572,393
2024-04-29$114.09$100.0042.8%12.2%42.6%52.2%42.8%0.4%-0.8%44.3M-2.98B-15.0M0.402.41N/AN/A53,09021,206623,173532,497
2024-04-30$113.79$100.0042.8%12.4%42.6%52.2%43.5%0.7%-0.7%51.3M-2.97B-15.5M0.573.55N/AN/A61,23934,948641,845538,552