MU Options History — August 2024

In August 2024, MU traded between $87.61 and $108.35. ATM implied volatility averaged 52.7%, placing in the 56.8% IV rank vs the trailing year. The 30-day expected move averaged 14.4%. IV traded below realized volatility by 10.9% (HV 20d: 63.6%). Max pain ranged from $100.00 to $115.00. Net GEX was positive for 17 of 22 trading days. Term structure was in contango for 12 of 22 days. Put/call ratio averaged 0.53.

Notable Days

  • 2024-08-02: Highest Volume — 331,877 contracts
  • 2024-08-02: Largest IV spike — 18.0% change
  • 2024-08-05: Highest IV Rank — 90.0%
  • 2024-08-05: Largest Expected Move — 18.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$98.36$87.61$108.35$100.91$95.45
Max Pain$102.73$100.00$115.00$115.00$100.00
ATM IV52.7%43.7%67.7%52.3%58.2%
Expected Move14.4%12.6%18.5%15.3%12.6%
HV 20d63.6%44.0%70.4%53.7%44.0%
HV 60d52.8%47.4%54.4%47.4%52.4%
IV Rank56.8%36.7%90.0%55.9%69.0%
IV Percentile87.5%75.0%98.0%89.7%95.2%
Term Structure1.5%-5.3%9.5%-1.6%-2.4%
VWIV50.2%44.7%61.3%51.8%45.3%
Skew 25d3.3%0.3%11.1%3.0%1.0%
Skew 10d6.3%0.8%21.3%5.8%1.9%
Call IV 25d51.4%43.5%62.0%51.3%58.9%
Put IV 25d54.7%44.1%72.0%54.3%59.9%
Bid-Ask Spread %4.521.8611.712.807.89
Gamma HHI0.040.030.050.040.04
Net GEX16.3M-17.9M58.8M-17.9M3.0M
Net DEX-87.6M-2.18B1.75B911.5M357.7M
Net VEX-19.6M-21.8M-16.7M-18.6M-19.6M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.530.360.920.920.51
Total Volume169,649.81877,395331,877202,531122,394
Total OI1,558,8051,452,2641,699,2621,473,0071,633,062

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-08-01$100.91$115.0052.3%15.3%53.7%55.9%51.8%3.0%-1.6%-17.9M911.5M-18.6M0.922.80N/AN/A105,44197,090839,076633,931
2024-08-02$91.41$115.0061.8%17.7%61.4%76.9%61.3%7.2%-1.8%-17.6M1.75B-16.7M0.693.83N/AN/A196,049135,828877,747632,473
2024-08-05$90.19$110.0067.7%18.5%61.3%90.0%60.8%11.1%-2.8%-10.9M1.41B-17.6M0.4811.71N/AN/A129,14761,621874,732618,316
2024-08-06$89.36$110.0057.0%15.9%60.8%66.3%54.5%8.3%-0.8%-10.6M1.42B-16.9M0.582.60N/AN/A99,85857,591922,494612,507
2024-08-07$87.61$105.0057.4%16.6%56.9%67.2%56.5%8.1%-0.7%-8.8M1.38B-16.8M0.502.45N/AN/A117,25158,427963,038618,828
2024-08-08$92.34$100.0053.3%15.2%62.3%58.2%50.5%6.5%-0.5%4.9M694.3M-18.4M0.645.13N/AN/A127,14681,907988,300623,354
2024-08-09$93.41$100.0049.6%14.4%61.9%50.0%49.4%5.8%0.1%16.1M429.9M-18.4M0.636.54N/AN/A124,87978,5161,021,869620,994
2024-08-12$94.06$100.0049.4%14.3%62.5%49.5%50.1%4.6%0.9%6.9M408.4M-18.7M0.571.97N/AN/A82,26146,495966,996609,269
2024-08-13$97.43$100.0047.1%13.9%65.0%44.3%49.2%3.3%1.3%22.3M-134.1M-19.6M0.452.33N/AN/A90,21140,665990,136622,309
2024-08-14$100.34$100.0045.7%13.5%64.4%41.1%47.3%2.8%1.3%37.2M-685.5M-20.3M0.553.02N/AN/A103,67956,7181,007,740632,458
2024-08-15$107.62$100.0044.2%12.9%69.9%37.9%46.2%0.9%1.0%58.8M-2.16B-21.6M0.402.44N/AN/A193,99577,9331,028,070644,244
2024-08-16$107.81$100.0043.7%12.8%69.5%36.7%45.8%0.6%1.6%52.5M-2.18B-21.8M0.512.94N/AN/A123,04362,6081,036,724662,538
2024-08-19$107.45$100.0043.9%12.7%69.4%37.1%44.7%0.6%8.6%45.6M-1.62B-21.5M0.382.10N/AN/A94,50536,181845,951606,313
2024-08-20$108.35$100.0045.1%13.0%69.5%39.9%46.3%0.4%8.9%51.0M-1.76B-21.8M0.361.86N/AN/A56,90720,488856,871618,651
2024-08-21$107.67$100.0045.3%13.0%68.8%40.4%46.0%0.6%9.5%50.9M-1.63B-21.7M0.402.07N/AN/A72,29229,078863,758625,058
2024-08-22$104.21$100.0049.4%13.7%69.3%49.5%48.0%1.6%9.2%29.7M-986.0M-21.2M0.382.24N/AN/A106,49840,535876,295632,281
2024-08-23$101.81$101.0050.6%13.5%69.5%52.1%47.9%1.1%9.4%6.7M-500.9M-20.7M0.583.00N/AN/A140,27780,684887,923646,052
2024-08-26$98.24$102.0058.0%14.8%70.4%68.4%52.1%0.3%1.4%10.9M3.8M-20.1M0.515.77N/AN/A95,59848,448839,503627,375
2024-08-27$97.70$101.0058.1%14.3%68.2%68.6%50.2%1.9%-1.9%12.0M101.5M-19.8M0.447.91N/AN/A59,85926,093873,731647,300
2024-08-28$94.80$101.0062.9%15.2%63.6%79.4%53.4%1.9%-2.4%5.3M497.6M-19.5M0.558.55N/AN/A107,99659,663900,320657,349
2024-08-29$95.84$100.0059.7%13.1%56.8%72.2%46.3%1.8%-5.3%10.1M355.5M-19.5M0.6810.35N/AN/A111,23575,206933,020674,754
2024-08-30$95.45$100.0058.2%12.6%44.0%69.0%45.3%1.0%-2.4%3.0M357.7M-19.6M0.517.89N/AN/A80,95241,442954,536678,526