MU251017P00080000 Option on Micron Technology
MU Stock | USD 113.23 1.16 1.01% |
MU251017P00080000 is a PUT option contract on Micron Technology's common stock with a strick price of 80.0 expiring on 2025-10-17. The contract was not traded in recent days and, as of today, has 88 days remaining before the expiration. The option is currently trading at a bid price of $0.86, and an ask price of $0.9. The implied volatility as of the 21st of July is 88.0.
When exercised, put options on Micron Technology produce a short position in Micron Stock. Because of this protective nature, they are typically used either for hedging purposes or to capitalize on Micron Technology's downside price movement.
Rule 16 of 2025-10-17 Option Contract
The options market is anticipating that Micron Technology will have an average daily up or down price movement of about 0.0327% per day over the life of the option. With Micron Technology trading at USD 113.23, that is roughly USD 0.037. If you think that the market is fully understating Micron Technology's daily price movement you should consider buying Micron Technology options at that current volatility level of 0.52%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Out Of The Money Put Option on Micron Technology
An 'Out of The Money' option on Micron has a strike price that Micron Stock has yet to reach, meaning the option has no intrinsic value. 'Out of The Money' options are usually less costly than 'In The Money' options, making them more desirable to traders with smaller amounts of capital. Some of the uses for Micron Technology's 'Out of The Money' options include buying the options if you expect a big move in Micron Technology's stock. Since 'Out of The Money' options have a lower up-front cost (i.e., no intrinsic value) than 'In The Money' options, buying it is a reasonable choice.
Put Contract Name | MU251017P00080000 |
Expires On | 2025-10-17 |
Days Before Expriration | 88 |
Vega | 0.069122 |
Gamma | 0.004099 |
Theoretical Value | 0.88 |
Open Interest | 4542 |
Current Trading Volume | 353.0 |
Strike Price | 80.0 |
Last Traded At | 0.92 |
Current Price Spread | 0.86 | 0.9 |
Rule 16 Daily Up or Down | USD 0.037 |
Micron short PUT Option Greeks
Micron Technology's Option Greeks for the contract ending on 2025-10-17 at a strike price of 80.0 measures the various factors that affect its cost and calculated using a theoretical options pricing model. It helps investors make more informed decisions about whether to trade this option contract or when to trade it. In addition to Micron Technology's option greeks, its implied volatility helps estimate the risk of Micron Technology stock implied by the prices of the options on Micron Technology's stock.
Delta | -0.061671 | |
Gamma | 0.004099 | |
Theta | -0.019287 | |
Vega | 0.069122 | |
Rho | -0.018059 |
Micron long PUT Option Payoff at expiration
Put options written on Micron Technology grant holders of the option the right to sell a specified amount of Micron Technology at a specified price within a specified time frame. The put buyer has a limited loss and, while not fully unlimited gains, as the price of Micron Stock cannot fall below zero, the put buyer does gain as the price drops. So, purchasing a put option on Micron Technology is like buying insurance aginst Micron Technology's downside shift.
Profit |
Micron Technology Price At Expiration |
Micron short PUT Option Payoff at expiration
By selling Micron Technology's put option, the investors signal their bearish sentiment. A short position in a put option written on Micron Technology will generally make money when the underlying price is above the strike price. Therefore Micron Technology's put payoff at expiration depends on where the Micron Stock price is relative to the put option strike price. The breakeven price of 79.12 is the critical point that divides the payoff function into two parts. Below the breakeven price, the payoff is dropping and negative (the seller makes a loss). Above the breakeven price, the payoff line is upward sloping as the option payoff increases in proportion to Micron Technology's price. Finally, at the strike price of 80.0, the payoff chart is constant and positive.
Profit |
Micron Technology Price At Expiration |
Micron Technology Available Put Options
Micron Technology's option chain is a display of a range of information that helps investors for ways to trade options on Micron. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Micron. It also shows strike prices and maturity days for a Micron Technology against a given expiration period. The table below combines all the option information in the form of a chain but before you use it, remember that it entails significant risk and it is not for everyone.
Open Int | Strike Price | Current Spread | Last Price | |||
Put | MU251017P00035000 | 72 | 35.0 | 0.0 - 0.12 | 0.02 | Out |
Put | MU251017P00040000 | 273 | 40.0 | 0.02 - 0.14 | 0.05 | Out |
Put | MU251017P00045000 | 1298 | 45.0 | 0.01 - 0.16 | 0.08 | Out |
Put | MU251017P00050000 | 1052 | 50.0 | 0.04 - 0.2 | 0.12 | Out |
Put | MU251017P00055000 | 2224 | 55.0 | 0.1 - 0.23 | 0.16 | Out |
Put | MU251017P00060000 | 8544 | 60.0 | 0.07 - 0.24 | 0.23 | Out |
Put | MU251017P00065000 | 3380 | 65.0 | 0.2 - 0.32 | 0.34 | Out |
Put | MU251017P00070000 | 3768 | 70.0 | 0.36 - 0.44 | 0.49 | Out |
Put | MU251017P00075000 | 3408 | 75.0 | 0.53 - 0.64 | 0.61 | Out |
Put | MU251017P00080000 | 4542 | 80.0 | 0.86 - 0.9 | 0.92 | Out |
Put | MU251017P00085000 | 4903 | 85.0 | 1.28 - 1.31 | 1.28 | Out |
Put | MU251017P00090000 | 3710 | 90.0 | 1.73 - 1.94 | 1.9 | Out |
Put | MU251017P00095000 | 2862 | 95.0 | 2.76 - 2.81 | 2.78 | Out |
Put | MU251017P00100000 | 2021 | 100.0 | 3.9 - 4.0 | 3.9 | Out |
Put | MU251017P00105000 | 1768 | 105.0 | 5.45 - 5.55 | 5.6 | Out |
Put | MU251017P00110000 | 2364 | 110.0 | 7.35 - 7.5 | 7.4 | Out |
Put | MU251017P00115000 | 2529 | 115.0 | 9.7 - 9.8 | 9.67 | In |
Put | MU251017P00120000 | 2076 | 120.0 | 12.45 - 12.6 | 12.59 | In |
Put | MU251017P00125000 | 1656 | 125.0 | 15.6 - 15.9 | 16.41 | In |
Put | MU251017P00130000 | 505 | 130.0 | 19.15 - 19.3 | 19.36 | In |
Put | MU251017P00135000 | 1695 | 135.0 | 23.0 - 23.25 | 24.05 | In |
Put | MU251017P00140000 | 67 | 140.0 | 27.1 - 27.4 | 25.8 | In |
Put | MU251017P00145000 | 138 | 145.0 | 31.5 - 32.05 | 28.03 | In |
Put | MU251017P00150000 | 180 | 150.0 | 36.1 - 36.3 | 37.45 | In |
Put | MU251017P00155000 | 1 | 155.0 | 40.3 - 41.15 | 33.55 | In |
Put | MU251017P00160000 | 150 | 160.0 | 44.95 - 47.45 | 37.2 | In |
Put | MU251017P00165000 | 0 | 165.0 | 49.1 - 52.65 | 49.1 | In |
Put | MU251017P00170000 | 0 | 170.0 | 55.35 - 57.55 | 55.35 | In |
Put | MU251017P00175000 | 0 | 175.0 | 59.1 - 61.15 | 59.1 | In |
Put | MU251017P00180000 | 0 | 180.0 | 64.95 - 66.15 | 64.95 | In |
Put | MU251017P00185000 | 0 | 185.0 | 70.1 - 71.15 | 70.1 | In |
Put | MU251017P00190000 | 0 | 190.0 | 75.1 - 77.75 | 75.1 | In |
Micron Technology Corporate Management
Michael Ray | Chief VP | Profile | |
Rob Beard | Gen VP | Profile | |
Rahul Sandil | Head Marketing | Profile | |
Anand Bahl | Co Officer | Profile |
Additional Tools for Micron Stock Analysis
When running Micron Technology's price analysis, check to measure Micron Technology's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Micron Technology is operating at the current time. Most of Micron Technology's value examination focuses on studying past and present price action to predict the probability of Micron Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Micron Technology's price. Additionally, you may evaluate how the addition of Micron Technology to your portfolios can decrease your overall portfolio volatility.