14679 MU Jan 2016 20 calls went up in 1 block on the ISE marked autoex.?

unusual options activity in MU

Shares of Micron Technology Inc. (MU) are up 1.09 to 19.26 today. ?MU is near the middle of the 52 week range.

  • Paper traded 14679 MU Jan 2016 20 calls for 1.27. ?
  • The ADV is 99k contracts.?
  • The OI is 200 contracts.

The volume went up in 1 block on the ISE marked autoex.? The trade went up right in between the markets with heavy volume on most of the near the money strikes. This could be a short call closer as MU hit the upside strike a little earlier than expected.? A size 1 x 2 call spread traded in the same month with a bullish bias as well.

  • IV 30 is trading for 45%.?
  • HV10 is trading for 63%.?
  • IV 30 is trading 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.