MU Options History — July 2024

In July 2024, MU traded between $102.73 and $136.18. ATM implied volatility averaged 43.0%, placing in the 35.3% IV rank vs the trailing year. The 30-day expected move averaged 12.3%. IV traded below realized volatility by 2.1% (HV 20d: 45.1%). Max pain ranged from $115.00 to $130.00. Net GEX was positive for 12 of 22 trading days. Term structure was in contango for 7 of 22 days. Put/call ratio averaged 0.51.

Notable Days

  • 2024-07-18: Highest Volume — 330,533 contracts
  • 2024-07-30: Largest IV spike — 7.5% change
  • 2024-07-30: Highest IV Rank — 49.8%
  • 2024-07-30: Largest Expected Move — 14.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$121.86$102.73$136.18$130.67$109.89
Max Pain$125.18$115.00$130.00$120.00$115.00
ATM IV43.0%38.8%49.6%40.5%47.1%
Expected Move12.3%10.7%14.5%11.3%13.4%
HV 20d45.1%37.5%49.2%49.2%48.7%
HV 60d42.5%41.8%45.3%42.3%45.3%
IV Rank35.3%25.8%49.8%29.7%44.2%
IV Percentile78.7%66.3%86.9%72.6%85.7%
Term Structure-0.1%-1.6%2.3%-0.1%-1.3%
VWIV43.4%38.5%50.1%40.6%47.1%
Skew 25d0.1%-2.0%3.6%-1.6%1.5%
Skew 10d0.0%-4.4%7.1%-4.3%3.3%
Call IV 25d43.4%40.5%47.8%42.2%46.6%
Put IV 25d43.5%38.7%51.4%40.6%48.0%
Bid-Ask Spread %12.812.4425.603.673.45
Gamma HHI0.060.040.130.050.04
Net GEX40.8M-23.0M149.3M68.7M14.2M
Net DEX-1.77B-4.53B731.5M-3.00B-441.7M
Net VEX-20.1M-21.5M-17.9M-20.8M-20.0M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.510.321.020.440.67
Total Volume191,972.54593,209330,533237,187180,722
Total OI1,462,021.4091,279,6471,598,9051,483,9231,427,166

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-07-01$130.67$120.0040.5%11.3%49.2%29.7%40.6%-1.6%-0.1%68.7M-3.00B-20.8M0.443.67N/AN/A164,87272,315901,836582,087
2024-07-02$132.08$120.0038.8%10.7%48.0%25.8%38.5%-1.8%0.6%87.2M-3.42B-20.8M0.326.07N/AN/A127,31741,002925,707601,971
2024-07-03$135.63$120.0039.2%10.7%48.6%26.8%38.5%-2.0%0.3%149.3M-4.44B-21.5M0.3315.15N/AN/A146,33748,095943,214604,272
2024-07-05$131.97$130.0041.1%11.6%46.5%31.0%41.6%-1.9%-0.6%103.5M-3.41B-21.1M0.3624.71N/AN/A231,86783,445957,552609,577
2024-07-08$130.36$130.0041.2%11.7%46.2%31.3%41.6%-1.6%-0.4%68.0M-3.05B-20.8M0.3325.24N/AN/A118,89939,167856,565578,702
2024-07-09$131.00$130.0041.0%11.6%46.2%30.8%41.4%-1.8%-0.4%78.8M-3.26B-21.1M0.3925.60N/AN/A136,15252,857879,062592,842
2024-07-10$136.18$130.0041.7%11.8%47.0%32.4%42.3%-2.0%-0.6%138.2M-4.53B-21.4M0.3423.95N/AN/A171,45258,011894,897607,286
2024-07-11$131.13$130.0042.0%11.9%48.9%33.1%42.7%-1.2%-0.5%69.5M-3.13B-21.0M0.4321.81N/AN/A147,92364,323899,042611,681
2024-07-12$133.51$130.0040.9%11.7%47.9%30.6%41.3%-1.2%-0.3%122.6M-3.91B-21.2M0.4821.38N/AN/A122,71659,261932,214623,835
2024-07-15$130.38$130.0042.4%12.1%47.1%34.0%43.3%-1.4%-0.6%58.7M-3.03B-20.7M0.4414.05N/AN/A113,85050,122856,335590,933
2024-07-16$127.47$130.0042.9%12.3%47.4%35.0%44.1%-1.0%-0.7%31.3M-2.35B-20.6M0.558.18N/AN/A106,35758,828888,926612,697
2024-07-17$120.16$130.0044.7%12.8%47.3%39.1%45.6%0.4%-0.8%-6.0M-847.9M-19.7M0.5723.72N/AN/A158,36390,333912,673629,664
2024-07-18$117.36$130.0044.8%12.9%44.8%39.1%45.0%1.6%-0.8%-3.2M-467.2M-19.3M1.0223.05N/AN/A163,404167,129941,521631,566
2024-07-19$114.43$125.0044.9%12.9%43.3%39.3%45.5%1.6%-0.6%-23.0M-381.9M-19.3M0.6618.37N/AN/A97,43164,676972,786626,119
2024-07-22$115.00$125.0041.6%12.0%42.5%32.2%42.5%1.1%1.8%-4.4M-328.7M-19.0M0.524.03N/AN/A88,40045,594716,641563,006
2024-07-23$114.23$125.0041.2%11.9%42.5%31.2%42.0%0.9%1.5%-3.3M-309.7M-19.1M0.603.69N/AN/A58,08435,125743,226574,497
2024-07-24$110.84$125.0044.1%12.8%42.8%37.6%44.7%1.5%1.5%-14.7M141.1M-18.8M0.643.16N/AN/A103,13165,880758,644582,319
2024-07-25$108.33$120.0045.6%13.3%41.9%40.9%46.1%2.5%1.3%-19.5M428.6M-18.6M0.493.43N/AN/A182,79189,489783,890592,612
2024-07-26$109.31$120.0045.3%12.9%37.5%40.2%45.1%2.3%2.3%-3.3M-44.2M-19.5M0.404.05N/AN/A98,52439,219841,311589,929
2024-07-29$108.18$120.0046.1%13.1%37.5%42.1%45.6%2.5%-1.2%-2.5M103.5M-18.8M0.632.63N/AN/A58,61536,749772,016579,135
2024-07-30$102.73$119.0049.6%14.5%40.3%49.8%50.1%3.6%-1.6%-11.8M731.5M-17.9M0.682.44N/AN/A109,75674,813787,455587,062
2024-07-31$109.89$115.0047.1%13.4%48.7%44.2%47.1%1.5%-1.3%14.2M-441.7M-20.0M0.673.45N/AN/A108,46372,259818,478608,688