7281 MU Jan 2016 16 calls went up in 1 block on the CBOE marked price variation.?

unusual options activity in MU

Shares of Micron Technologies , Inc (MU) are down .77 to 14.14 today. MU is near the bottom of the 52 week range.?

  • Paper traded 7281 MU Jan 2016 16 calls for 1.14. ??
  • The ADV is 107066 contracts.? ?
  • The open interest is 48914 contracts.

The volume went up in 1 block on the CBOE marked price variation.? Several size blocks of these calls went up on near 20000 contracts.? The trade is consistent with a buy write type of activity.? No blocks of stock are showing tied to options close to the same time so the trade is most likely against an existing equity position.

  • IV 30 is trading for 27%.?
  • HV10 is trading for 26%.?
  • IV 30 is below the HV 10.

Micron Technology, Inc. is a global provider of semiconductor devices. Through the Company?s global operations, it manufactures and markets a full range of Dynamic Random Access Memory (DRAM), NAND Flash and NOR Flash memory, as well as other memory technologies, packaging solutions and semiconductor systems for use in leading-edge computing, consumer, networking, automotive, industrial, embedded and mobile products.