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 NameMU251017P00080000
Expires On2025-10-17
Days Before Expriration88
Vega0.069122
Gamma0.004099
Theoretical Value0.88
Open Interest4542
Current Trading Volume353.0
Strike Price80.0
Last Traded At0.92
Current Price Spread0.86 | 0.9
Rule 16 Daily Up or DownUSD 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
Gamma0.004099
Theta-0.019287
Vega0.069122
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  
View All Micron Technology Options

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 IntStrike PriceCurrent SpreadLast Price
 Put
MU251017P000350007235.00.0 - 0.120.02Out
 Put
MU251017P0004000027340.00.02 - 0.140.05Out
 Put
MU251017P00045000129845.00.01 - 0.160.08Out
 Put
MU251017P00050000105250.00.04 - 0.20.12Out
 Put
MU251017P00055000222455.00.1 - 0.230.16Out
 Put
MU251017P00060000854460.00.07 - 0.240.23Out
 Put
MU251017P00065000338065.00.2 - 0.320.34Out
 Put
MU251017P00070000376870.00.36 - 0.440.49Out
 Put
MU251017P00075000340875.00.53 - 0.640.61Out
 Put
MU251017P00080000454280.00.86 - 0.90.92Out
 Put
MU251017P00085000490385.01.28 - 1.311.28Out
 Put
MU251017P00090000371090.01.73 - 1.941.9Out
 Put
MU251017P00095000286295.02.76 - 2.812.78Out
 Put
MU251017P001000002021100.03.9 - 4.03.9Out
 Put
MU251017P001050001768105.05.45 - 5.555.6Out
 Put
MU251017P001100002364110.07.35 - 7.57.4Out
 Put
MU251017P001150002529115.09.7 - 9.89.67In
 Put
MU251017P001200002076120.012.45 - 12.612.59In
 Put
MU251017P001250001656125.015.6 - 15.916.41In
 Put
MU251017P00130000505130.019.15 - 19.319.36In
 Put
MU251017P001350001695135.023.0 - 23.2524.05In
 Put
MU251017P0014000067140.027.1 - 27.425.8In
 Put
MU251017P00145000138145.031.5 - 32.0528.03In
 Put
MU251017P00150000180150.036.1 - 36.337.45In
 Put
MU251017P001550001155.040.3 - 41.1533.55In
 Put
MU251017P00160000150160.044.95 - 47.4537.2In
 Put
MU251017P001650000165.049.1 - 52.6549.1In
 Put
MU251017P001700000170.055.35 - 57.5555.35In
 Put
MU251017P001750000175.059.1 - 61.1559.1In
 Put
MU251017P001800000180.064.95 - 66.1564.95In
 Put
MU251017P001850000185.070.1 - 71.1570.1In
 Put
MU251017P001900000190.075.1 - 77.7575.1In

Micron Technology Corporate Management

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.