MU Options History — September 2024

In September 2024, MU traded between $86.00 and $110.90. ATM implied volatility averaged 58.6%, placing in the 69.8% IV rank vs the trailing year. The 30-day expected move averaged 16.3%. IV traded above realized volatility by 7.1% (HV 20d: 51.5%). Max pain ranged from $95.00 to $100.00. Net GEX was positive for 11 of 20 trading days. Term structure was in contango for 3 of 20 days. Put/call ratio averaged 0.53.

Notable Days

  • 2024-09-26: Highest Volume — 1,147,225 contracts
  • 2024-09-26: Largest IV drop — 27.9% change
  • 2024-09-06: Highest IV Rank — 82.2%
  • 2024-09-25: Largest Expected Move — 18.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$92.12$86.00$110.90$88.62$102.57
Max Pain$97.10$95.00$100.00$100.00$97.50
ATM IV58.6%43.2%64.1%62.7%43.9%
Expected Move16.3%12.3%18.8%15.0%12.5%
HV 20d51.5%43.8%74.6%51.5%74.6%
HV 60d54.7%52.7%62.3%54.2%62.3%
IV Rank69.8%35.6%82.2%78.9%37.2%
IV Percentile88.8%62.7%96.8%96.0%64.3%
Term Structure-1.9%-4.8%1.5%-4.8%1.5%
VWIV57.1%43.9%65.7%52.3%44.6%
Skew 25d2.4%-1.1%7.1%5.8%0.7%
Skew 10d4.5%-2.4%9.6%9.6%1.9%
Call IV 25d57.3%43.2%62.2%59.9%44.0%
Put IV 25d59.7%43.3%66.9%65.7%44.7%
Bid-Ask Spread %7.581.7715.0012.462.65
Gamma HHI0.050.030.110.040.06
Net GEX14.4M-16.7M126.1M-13.8M35.1M
Net DEX42.6M-4.76B1.33B1.22B-1.14B
Net VEX-19.6M-23.4M-17.3M-17.8M-22.5M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.530.270.780.470.41
Total Volume242,16169,3501,147,225164,242308,449
Total OI1,706,120.151,537,8232,038,4131,542,6841,792,057

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-09-03$88.62$100.0062.7%15.0%51.5%78.9%52.3%5.8%-4.8%-13.8M1.22B-17.8M0.4712.46N/AN/A112,09352,149889,512653,172
2024-09-04$89.15$100.0061.5%14.2%51.5%76.2%50.2%1.5%-2.2%-11.1M1.06B-18.1M0.419.71N/AN/A75,97031,336919,913664,558
2024-09-05$89.11$100.0062.0%16.9%50.9%77.4%58.5%4.0%-2.0%-7.7M999.8M-18.5M0.6414.12N/AN/A42,25427,096947,832668,002
2024-09-06$86.39$100.0064.1%17.2%48.3%82.2%59.8%4.7%-2.2%-16.7M1.33B-17.7M0.7515.00N/AN/A74,62355,801957,391668,960
2024-09-09$86.00$100.0062.9%17.3%47.9%79.5%59.3%4.5%-1.8%-13.2M1.25B-17.3M0.5711.61N/AN/A66,26537,713918,406658,766
2024-09-10$86.81$100.0062.2%17.1%48.0%77.7%59.4%4.7%-1.7%-8.2M1.08B-17.8M0.6414.54N/AN/A61,45339,567943,071662,685
2024-09-11$90.31$100.0063.1%17.1%48.5%79.8%59.7%3.3%-1.9%6.4M512.9M-19.0M0.2711.75N/AN/A101,41827,219964,767674,004
2024-09-12$86.96$97.5062.1%17.2%48.3%77.5%60.5%7.1%-2.6%-940.6K988.7M-18.2M0.785.79N/AN/A149,595116,481996,182682,848
2024-09-13$91.12$95.0061.5%17.2%43.8%76.2%60.2%2.2%-2.5%33.3M118.0M-19.7M0.441.90N/AN/A161,80871,4151,032,668709,944
2024-09-16$87.30$95.0062.3%17.6%45.3%78.2%61.1%2.8%-2.2%-6.2M912.5M-18.4M0.572.94N/AN/A108,68362,490992,636700,239
2024-09-17$88.60$95.0061.2%17.4%46.1%75.6%60.8%2.3%-2.6%4.5M594.5M-19.1M0.606.07N/AN/A72,20543,2401,041,114726,378
2024-09-18$87.58$95.0060.3%17.3%45.6%73.6%60.1%2.4%-3.4%-1.8M839.1M-18.8M0.4314.93N/AN/A70,06229,9391,046,492742,425
2024-09-19$89.70$95.0059.0%17.0%47.3%70.7%59.1%1.3%-2.7%9.2M374.4M-19.4M0.552.39N/AN/A132,38272,2361,065,568744,759
2024-09-20$90.57$95.0057.7%16.7%46.9%67.9%58.7%0.8%-1.8%6.7M72.4M-19.7M0.504.97N/AN/A93,35646,5011,092,280755,923
2024-09-23$93.47$95.0059.1%17.7%48.3%71.0%61.8%0.8%-1.8%21.6M-308.7M-20.3M0.541.79N/AN/A128,93969,474861,597676,226
2024-09-24$94.28$95.0058.2%17.6%47.1%69.1%62.2%0.5%-2.1%26.7M-497.7M-20.9M0.631.77N/AN/A116,91073,408909,141706,071
2024-09-25$95.25$95.0061.0%18.8%47.2%75.1%65.7%-0.9%-3.1%30.7M-740.6M-21.7M0.4310.54N/AN/A341,519147,751954,862740,278
2024-09-26$110.90$95.0043.9%12.7%70.9%37.3%45.0%-1.1%0.7%126.1M-4.76B-23.0M0.422.66N/AN/A806,519340,7061,107,364815,899
2024-09-27$107.75$97.0043.2%12.3%72.0%35.6%43.9%0.1%0.9%67.8M-3.05B-23.4M0.464.02N/AN/A324,224149,9711,145,122893,291
2024-09-30$102.57$97.5043.9%12.5%74.6%37.2%44.6%0.7%1.5%35.1M-1.14B-22.5M0.412.65N/AN/A218,48789,9621,009,152782,905