MU Options History — June 2025

In June 2025, MU traded between $98.23 and $127.88. ATM implied volatility averaged 54.3%, placing in the 31.9% IV rank vs the trailing year. The 30-day expected move averaged 14.7%. IV traded above realized volatility by 21.9% (HV 20d: 32.4%). Max pain ranged from $90.00 to $100.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 2 of 20 days. Put/call ratio averaged 0.66.

Notable Days

  • 2025-06-26: Highest Volume — 539,251 contracts
  • 2025-06-26: Largest IV drop — 24.1% change
  • 2025-06-03: Highest IV Rank — 42.3%
  • 2025-06-17: Largest Expected Move — 16.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$116.30$98.23$127.88$98.23$123.19
Max Pain$91.75$90.00$100.00$90.00$100.00
ATM IV54.3%38.4%60.0%58.7%39.0%
Expected Move14.7%10.6%16.6%13.0%10.7%
HV 20d32.4%27.4%40.4%38.4%30.3%
HV 60d77.7%75.6%81.3%81.2%75.7%
IV Rank31.9%3.5%42.3%39.9%4.4%
IV Percentile56.6%1.6%75.0%71.4%2.8%
Term Structure-1.9%-4.7%1.0%-1.7%-0.4%
VWIV51.7%37.9%58.1%46.0%38.2%
Skew 25d1.7%0.4%3.3%2.9%1.5%
Skew 10d4.4%1.2%9.0%6.4%3.3%
Call IV 25d53.8%38.7%60.3%57.9%38.9%
Put IV 25d55.5%39.4%62.4%60.8%40.4%
Bid-Ask Spread %4.262.576.873.243.94
Gamma HHI0.070.050.130.050.08
Net GEX83.4M32.3M110.8M32.3M108.0M
Net DEX-4.71B-6.47B-1.93B-1.93B-4.47B
Net VEX-24.9M-25.7M-23.9M-24.5M-25.2M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.660.461.080.560.71
Total Volume199,256.15104,190539,251104,190132,898
Total OI1,844,274.81,538,0642,012,0561,741,7971,716,947

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-06-02$98.23$90.0058.7%13.0%38.4%39.9%46.0%2.9%-1.7%32.3M-1.93B-24.5M0.563.24N/AN/A66,70037,490851,060890,737
2025-06-03$102.21$90.0060.0%12.9%39.5%42.3%45.7%2.9%-4.7%52.9M-2.78B-24.8M0.573.25N/AN/A89,25351,022869,144906,072
2025-06-04$103.07$90.0059.4%12.6%39.5%41.2%44.4%2.5%-3.4%57.8M-2.94B-25.0M0.913.13N/AN/A61,89756,441883,702920,702
2025-06-05$106.92$90.0059.8%15.9%40.4%42.0%55.8%2.1%-3.6%69.4M-3.79B-25.0M0.536.87N/AN/A152,08081,059896,266947,661
2025-06-06$108.72$90.0056.8%15.4%39.6%36.6%54.0%1.1%-3.2%78.0M-4.13B-25.1M0.605.13N/AN/A115,62269,790919,155974,045
2025-06-09$110.86$90.0056.8%15.6%39.4%36.4%54.8%1.1%-1.4%74.9M-4.26B-24.9M0.475.55N/AN/A99,82747,026900,952941,038
2025-06-10$114.06$90.0056.8%15.5%33.6%36.4%54.5%0.4%-2.3%87.7M-4.94B-25.0M0.534.30N/AN/A100,51053,015925,017954,557
2025-06-11$115.38$90.0057.8%16.0%29.9%38.3%56.3%1.6%-2.2%89.8M-5.14B-25.3M0.653.99N/AN/A110,66272,422938,752974,234
2025-06-12$115.97$90.0056.9%15.9%28.2%36.7%55.9%1.2%-1.8%93.9M-5.26B-25.4M1.086.54N/AN/A50,76354,765959,546988,370
2025-06-13$115.19$90.0057.1%16.0%28.6%37.1%56.0%2.1%-2.4%92.3M-5.06B-25.3M0.975.42N/AN/A68,36766,271971,3891,008,610
2025-06-16$119.73$90.0058.0%16.4%29.7%38.6%57.7%1.5%-1.9%91.2M-5.81B-25.0M0.463.16N/AN/A117,96754,762941,217982,966
2025-06-17$120.53$90.0058.4%16.6%29.7%39.3%58.1%3.3%-2.0%92.5M-5.92B-25.0M0.553.97N/AN/A129,90670,953958,541999,942
2025-06-18$121.84$90.0056.0%16.0%29.1%35.0%56.2%2.5%-2.9%102.5M-6.14B-25.0M0.733.71N/AN/A80,44958,759972,8201,018,514
2025-06-20$123.15$90.0055.1%16.0%27.5%33.5%56.0%2.9%-1.8%110.8M-6.47B-24.6M0.653.12N/AN/A96,92163,317985,5311,026,525
2025-06-23$121.89$90.0054.3%15.8%27.4%32.0%55.5%2.3%-1.6%65.1M-4.32B-24.2M0.723.07N/AN/A83,13060,204744,609793,455
2025-06-24$127.88$90.0053.5%16.0%27.8%30.6%56.3%0.4%-1.4%80.0M-5.47B-23.9M0.662.57N/AN/A153,635101,212775,099811,537
2025-06-25$127.12$95.0052.4%15.4%28.6%28.6%54.0%0.4%-1.4%84.4M-5.31B-24.1M0.706.25N/AN/A263,779185,843816,794845,744
2025-06-26$125.36$100.0039.8%11.3%30.2%6.0%40.2%1.4%0.9%94.5M-5.08B-24.9M0.623.29N/AN/A331,995207,256948,578947,980
2025-06-27$124.64$100.0038.4%10.6%30.5%3.5%37.9%0.7%1.0%109.8M-4.95B-25.7M0.544.72N/AN/A186,104101,0511,010,273967,415
2025-06-30$123.19$100.0039.0%10.7%30.3%4.4%38.2%1.5%-0.4%108.0M-4.47B-25.2M0.713.94N/AN/A77,57955,319890,541826,406