MU Options History — November 2024

In November 2024, MU traded between $95.84 and $113.43. ATM implied volatility averaged 48.0%, placing in the 46.4% IV rank vs the trailing year. The 30-day expected move averaged 15.4%. IV traded above realized volatility by 1.1% (HV 20d: 46.9%). Max pain ranged from $100.00 to $105.00. Net GEX was positive for 12 of 20 trading days. Term structure was in contango for 8 of 20 days. Put/call ratio averaged 0.53.

Notable Days

  • 2024-11-06: Highest Volume — 216,629 contracts
  • 2024-11-18: Largest IV spike — 8.4% change
  • 2024-11-22: Highest IV Rank — 63.3%
  • 2024-11-29: Largest Expected Move — 17.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$102.60$95.84$113.43$99.84$97.53
Max Pain$103.10$100.00$105.00$102.00$100.00
ATM IV48.0%39.3%55.7%45.7%55.2%
Expected Move15.4%13.9%17.8%13.9%17.8%
HV 20d46.9%42.0%49.8%42.0%46.9%
HV 60d54.3%53.2%55.4%53.7%53.6%
IV Rank46.4%26.9%63.3%41.3%62.2%
IV Percentile65.8%34.1%84.9%65.1%84.5%
Term Structure1.4%-4.2%9.2%-0.5%-3.0%
VWIV54.1%49.1%62.3%49.1%62.3%
Skew 25d0.2%-1.2%2.1%2.1%-1.2%
Skew 10d1.1%-1.5%4.9%4.9%-1.5%
Call IV 25d48.2%39.4%57.9%45.1%56.9%
Put IV 25d48.4%39.9%57.1%47.1%55.7%
Bid-Ask Spread %2.341.564.352.651.85
Gamma HHI0.060.040.220.090.04
Net GEX19.3M-60.7M155.8M-20.7M-11.0M
Net DEX-686.8M-2.98B800.8M-42.7M199.9M
Net VEX-21.0M-21.9M-19.9M-20.8M-20.8M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.530.310.860.860.44
Total Volume133,228.6568,027216,62994,487128,727
Total OI1,609,768.31,502,2781,736,5711,585,6551,706,512

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-11-01$99.84$102.0045.7%13.9%42.0%41.3%49.1%2.1%-0.5%-20.7M-42.7M-20.8M0.862.65N/AN/A50,90643,581835,104750,551
2024-11-04$101.90$105.0046.0%15.4%42.7%41.9%53.0%1.7%0.1%6.4M-469.2M-21.2M0.512.03N/AN/A60,88930,940790,443726,567
2024-11-05$104.94$105.0044.6%15.1%43.9%38.9%52.6%1.6%0.1%27.8M-1.04B-21.6M0.604.35N/AN/A47,67728,756808,341739,429
2024-11-06$112.29$105.0043.0%14.9%49.5%35.1%52.3%1.1%-0.1%77.9M-2.66B-21.9M0.372.01N/AN/A157,61559,014820,267748,062
2024-11-07$113.43$105.0040.7%14.2%47.6%30.0%50.2%0.7%-0.2%108.8M-2.98B-21.9M0.493.74N/AN/A76,99337,653861,890757,632
2024-11-08$111.87$105.0039.3%14.0%48.0%26.9%49.2%0.6%0.3%155.8M-2.54B-21.5M0.512.12N/AN/A86,67444,609875,266765,334
2024-11-11$108.32$105.0041.1%14.4%49.1%31.1%50.5%0.5%9.0%47.8M-1.52B-20.9M0.633.45N/AN/A70,80644,641834,775751,639
2024-11-12$104.29$105.0042.8%14.9%48.3%34.8%52.3%0.5%9.2%9.6M-647.4M-20.8M0.701.98N/AN/A103,76372,678857,467767,786
2024-11-13$100.31$105.0042.6%14.8%46.7%34.4%52.4%0.3%9.0%-20.1M140.5M-20.4M0.451.71N/AN/A112,75050,628883,983794,431
2024-11-14$98.96$105.0043.8%14.7%45.1%37.1%52.0%0.2%9.0%-26.5M357.6M-20.4M0.571.56N/AN/A85,43948,834911,978807,563
2024-11-15$95.84$105.0046.3%14.9%45.9%42.6%53.2%0.9%8.7%-60.7M800.8M-19.9M0.521.62N/AN/A133,25969,836926,527810,044
2024-11-18$97.51$105.0050.2%15.0%46.4%51.3%53.1%-0.4%-0.1%-9.2M148.8M-20.5M0.411.62N/AN/A66,93027,752774,002728,276
2024-11-19$97.80$105.0052.3%15.3%46.5%56.0%53.9%-0.3%-1.1%-1.4M34.1M-20.8M0.391.84N/AN/A48,76719,260806,525736,749
2024-11-20$98.11$100.0054.8%15.7%45.8%61.4%55.2%-0.4%-1.1%3.9M-73.9M-21.0M0.852.29N/AN/A43,12536,533823,162742,568
2024-11-21$102.52$100.0052.2%15.0%48.3%55.6%53.4%-0.3%-0.7%32.1M-931.1M-21.7M0.313.05N/AN/A140,03643,764839,445758,971
2024-11-22$102.62$100.0055.7%16.3%47.8%63.3%58.2%-0.7%-4.2%39.9M-989.8M-21.7M0.612.91N/AN/A76,07546,687866,598766,967
2024-11-25$104.97$100.0054.8%16.7%48.5%61.4%58.8%-0.7%-2.3%35.8M-1.28B-21.4M0.421.88N/AN/A91,75338,360820,881746,285
2024-11-26$100.94$100.0054.7%17.0%49.8%61.2%59.4%-0.5%-2.4%2.9M-394.0M-20.9M0.521.92N/AN/A95,76349,937836,765754,575
2024-11-27$97.92$100.0054.4%17.1%48.9%60.6%60.8%-0.8%-2.7%-13.0M158.4M-20.7M0.482.21N/AN/A130,10063,063887,832774,174
2024-11-29$97.53$100.0055.2%17.8%46.9%62.2%62.3%-1.2%-3.0%-11.0M199.9M-20.8M0.441.85N/AN/A89,52039,207909,128797,384