MU Options History — June 2024

In June 2024, MU traded between $126.31 and $152.68. ATM implied volatility averaged 59.4%, placing in the 88.3% IV rank vs the trailing year. The 30-day expected move averaged 16.3%. IV traded above realized volatility by 17.4% (HV 20d: 42.0%). Max pain ranged from $85.00 to $115.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 2 of 19 days. Put/call ratio averaged 0.51.

Notable Days

  • 2024-06-27: Highest Volume — 902,154 contracts
  • 2024-06-27: Largest IV drop — 40.8% change
  • 2024-06-13: Highest IV Rank — 100.0%
  • 2024-06-26: Largest Expected Move — 22.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$137.59$126.31$152.68$127.44$131.27
Max Pain$97.11$85.00$115.00$95.00$115.00
ATM IV59.4%40.8%72.2%53.7%40.8%
Expected Move16.3%11.3%22.6%11.3%11.4%
HV 20d42.0%34.0%52.6%37.2%50.0%
HV 60d45.3%40.6%49.0%48.7%42.6%
IV Rank88.3%30.2%100.0%88.7%30.2%
IV Percentile96.6%74.6%100.0%97.6%74.6%
Term Structure-2.5%-4.9%0.9%-2.2%0.9%
VWIV57.8%39.6%78.8%39.8%41.7%
Skew 25d-2.1%-5.2%0.3%0.3%-2.5%
Skew 10d-4.3%-11.3%1.2%1.2%-5.8%
Call IV 25d60.7%42.4%77.4%52.9%42.4%
Put IV 25d58.6%40.0%72.3%53.1%40.0%
Bid-Ask Spread %14.612.2532.302.4417.89
Gamma HHI0.110.060.470.090.11
Net GEX84.7M2.7M197.6M65.6M2.7M
Net DEX-5.12B-7.94B-2.72B-3.99B-2.72B
Net VEX-17.6M-21.3M-14.9M-15.3M-20.9M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.510.340.890.450.52
Total Volume273,635.68457,248902,154104,446494,383
Total OI1,346,159.8421,154,5151,804,6101,154,5151,804,610

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-06-03$127.44$95.0053.7%11.3%37.2%88.7%39.8%0.3%-2.2%65.6M-3.99B-15.3M0.452.44N/AN/A72,28132,165618,885535,630
2024-06-04$126.31$95.0054.4%11.3%34.0%91.0%39.6%0.1%-0.4%61.7M-3.81B-15.4M0.622.48N/AN/A35,32421,924633,090545,511
2024-06-05$132.85$95.0053.8%11.3%37.8%89.1%39.7%-0.7%-2.5%94.1M-4.98B-14.9M0.502.25N/AN/A103,28051,760640,237552,971
2024-06-06$130.46$85.0054.7%14.6%38.7%91.9%51.3%-0.5%-2.6%79.9M-4.44B-15.5M0.5024.13N/AN/A66,96333,805640,498566,184
2024-06-07$131.11$87.5054.3%14.5%38.0%90.6%51.2%-0.5%-2.9%97.2M-4.66B-15.7M0.604.27N/AN/A55,06632,954660,904575,017
2024-06-10$135.24$87.5054.3%14.9%38.2%90.7%51.9%-0.7%-1.8%86.9M-5.14B-15.3M0.4516.27N/AN/A90,49241,132634,150554,374
2024-06-11$134.71$90.0054.2%14.9%38.1%90.4%52.1%0.1%-2.0%91.6M-5.12B-15.6M0.8920.18N/AN/A51,24345,659661,291569,994
2024-06-12$139.06$90.0054.0%14.8%39.3%89.5%51.8%-0.9%-2.5%99.1M-5.86B-15.1M0.4332.30N/AN/A121,26451,587665,841586,965
2024-06-13$143.10$90.0058.2%16.1%39.4%100.0%57.6%-1.6%-2.5%105.4M-6.46B-15.9M0.3413.78N/AN/A160,00554,470682,263598,488
2024-06-14$141.50$90.0063.8%17.5%39.9%100.0%63.2%-2.0%-4.0%108.5M-6.36B-17.1M0.4625.19N/AN/A136,25262,495741,595610,409
2024-06-17$147.89$95.0066.0%18.6%41.0%100.0%65.8%-1.9%-3.4%101.6M-7.08B-17.3M0.4226.36N/AN/A210,08087,617722,671600,063
2024-06-18$152.68$100.0067.2%19.1%41.1%100.0%67.2%-4.3%-3.6%103.0M-7.94B-17.9M0.4629.50N/AN/A293,709133,730765,232635,192
2024-06-20$145.73$100.0071.0%20.5%44.7%100.0%74.2%-5.2%-3.4%76.1M-6.51B-19.2M0.4620.47N/AN/A259,600118,857816,678673,086
2024-06-21$140.27$100.0072.2%21.1%47.2%100.0%75.2%-5.1%-3.9%197.6M-5.49B-20.2M0.5511.57N/AN/A247,115136,053875,980702,119
2024-06-24$139.90$105.0069.7%21.1%47.2%94.5%75.3%-4.9%-2.6%61.3M-4.38B-20.3M0.4910.20N/AN/A143,15370,532721,118513,444
2024-06-25$140.06$105.0070.8%21.7%46.6%97.0%76.6%-4.9%-4.0%65.2M-4.51B-20.7M0.449.39N/AN/A151,57667,377770,653549,854
2024-06-26$141.93$110.0072.1%22.6%46.2%99.8%78.8%-2.4%-4.9%80.0M-5.08B-21.3M0.485.31N/AN/A380,118182,903845,616585,178
2024-06-27$132.70$110.0042.7%12.1%52.6%34.5%45.0%-2.2%0.4%32.3M-2.74B-20.0M0.573.61N/AN/A573,506328,6481,025,502695,744
2024-06-28$131.27$115.0040.8%11.4%50.0%30.2%41.7%-2.5%0.9%2.7M-2.72B-20.9M0.5217.89N/AN/A325,220169,1631,095,122709,488