Micron Technology Options Hit the Mark: On October 17th, 223,190 Contracts Were Traded, Resulting in 1.96 Million in Open Interest

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Options Trading Activity for Micron Technology on October 17th

On October 17th, Eastern Time, $Micron Technology (MU.US)$ exhibited vigorous options trading, amassing a total volume of 223,190 contracts during the day. Notably, put options constituted 37.74% of this volume, while call options represented 62.26%.

By the close of trading, the open interest for $Micron Technology (MU.US)$ reached approximately 1.96 million contracts. This figure represented an astounding 102.45% of the average open interest observed over the preceding 30 trading days.

During the trading session, $Micron Technology (MU.US)$ was positioned at $198.67. Notably, a call option with a strike price of $300.00, set to expire on December 19, 2025, accounted for 1,800 transactions. This ranking distinguished it as the most unusual option trade of the day, yielding a turnover of $450,000.

Moreover, the overall trading volume for the day revealed that the most actively traded option was linked to $Micron Technology (MU.US)$, culminating in a total of 19,061 volumes at a closing price of $2.30.

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For further details, please refer to the following notes:

Notes:

  • Select the top 50 stocks and 20 ETFs based on options volume for the trading day.
  • The findings will be published once options trading concludes.
  • Volume/30-Day Average Volume (or Total Volume DoD) and OI/30-Day Average OI (or OI DoD) illustrate shifts in overall options activity in comparison to historical data.
  • The accompanying chart depicts the cumulative distribution of open interest across multiple expiration dates relative to differing strike prices, highlighting the ten closest strike prices to the current underlying price.
  • Options trades exceeding 1,000 contracts will be designated as unusual trades.
  • It is essential to consider that options trading involves substantial risk and may not be suitable for all investors. Potential participants should consult the Characteristics and Risks of Standardized Options prior to partaking in any options trading strategies.
  • Past performances do not ensure future results. Customers should meticulously evaluate their investment objectives and associated risks before committing to options.
  • Given the fundamental influence of tax considerations on all option transactions, prospective investors are encouraged to consult their tax advisors regarding the tax implications of their strategies.

Source link: News.futunn.com.

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