100% IV is actually cheap? MU realizing 118% vol rn
$MU
AI SUMMARY — Micron Technology (MU) is currently experiencing realized volatility of 118% while implied volatility sits at 100%, suggesting options may be underpriced relative to actual stock price movements. This presents potential opportunities for volatility traders, though such elevated levels carry significant downside risk if volatility normalizes.
| TICKER | MU |
USER | u/exgoldman1 |
| RATING |
NEUTRAL |
ENTRY |
$1032.52
|
| POSITION |
9 sh
SYN
|
BOOK VAL |
$9292.68 |
| CURRENT |
$910.43 |
P&L % |
-11.82%
|
| CURR VAL |
$8193.87 |
P&L $ |
-1098.81
|