MLN Options History — February 2023

In February 2023, MLN traded between $17.43 and $18.25. ATM implied volatility averaged 27.3%. The 30-day expected move averaged 7.4%. IV traded above realized volatility by 21.4% (HV 20d: 6.0%). Max pain ranged from $19.00 to $19.00. Net GEX was positive for 11 of 19 trading days. Term structure was in contango for 6 of 19 days.

Notable Days

  • 2023-02-15: Highest Volume — 10 contracts
  • 2023-02-22: Largest IV spike — 148.6% change
  • 2023-02-22: Largest Expected Move — 13.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$17.82$17.43$18.25$18.25$17.51
Max Pain$19.00$19.00$19.00$19.00$19.00
ATM IV27.3%13.5%47.8%37.8%42.9%
Expected Move7.4%3.3%13.7%10.8%12.3%
HV 20d6.0%5.0%6.6%5.5%6.6%
Term Structure-5.7%-30.1%18.6%-18.9%-10.4%
Skew 25d2.6%-14.7%23.4%-0.6%8.3%
Skew 10d1.8%-13.8%24.6%1.3%0.8%
Call IV 25d25.9%17.5%47.5%31.2%35.6%
Put IV 25d28.6%15.0%49.2%30.6%43.9%
Bid-Ask Spread %128.44118.62139.39139.39134.79
Gamma HHI0.770.501.000.511.00
Net GEX-145-611182182-453
Net DEX2.4K-1.5K6.7K-1.2K6.7K
Net VEX-18-430-3-41
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume0.52601000
Total OI6.263313310

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-02-01$18.25$19.0037.8%10.8%0.0%0.0%0.0%-0.6%-18.9%182-1.2K-30.00139.39N/AN/A0030
2023-02-02$18.23$0.0034.8%8.8%0.0%0.0%0.0%23.4%-7.3%161-1.5K-40.00126.30N/AN/A0030
2023-02-03$18.16$0.0019.3%3.3%0.0%0.0%0.0%-0.0%15.2%163-588-20.00133.45N/AN/A0030
2023-02-06$18.12$0.0020.8%3.5%0.0%0.0%0.0%0.7%18.6%125-319-10.00125.90N/AN/A0030
2023-02-07$18.05$0.0020.9%3.7%0.0%0.0%0.0%0.4%2.4%124-348-10.00128.57N/AN/A0030
2023-02-08$18.05$0.0015.2%4.3%0.0%0.0%0.0%1.8%2.3%93-194-10.00118.62N/AN/A0030
2023-02-09$18.01$0.0022.2%6.4%5.5%0.0%0.0%3.2%-5.7%156-863-20.00126.63N/AN/A0030
2023-02-10$17.97$0.0013.5%3.9%5.3%0.0%0.0%-0.2%-5.3%90-203-10.00128.47N/AN/A0030
2023-02-13$17.98$0.0027.2%7.8%5.2%0.0%0.0%-0.5%-10.1%90-20200.00129.76N/AN/A0030
2023-02-14$17.95$0.0019.2%5.5%5.0%0.0%0.0%-0.6%-7.5%79-16700.00124.20N/AN/A0030
2023-02-15$17.84$0.0014.0%4.0%5.3%0.0%0.0%-0.2%15.8%71-15800.00129.46N/AN/A01030
2023-02-16$17.67$0.0034.3%9.8%6.1%0.0%0.0%-8.3%4.8%-2455.5K-430.00136.69N/AN/A00310
2023-02-17$17.55$0.0023.8%6.8%6.3%0.0%0.0%-14.7%-19.6%-5526.2K-420.00121.25N/AN/A00310
2023-02-21$17.45$0.0019.2%5.5%6.4%0.0%0.0%15.7%-5.1%-6096.4K-410.00128.54N/AN/A00010
2023-02-22$17.45$0.0047.8%13.7%6.3%0.0%0.0%1.7%-30.1%-5636.5K-410.00130.29N/AN/A00010
2023-02-23$17.50$0.0044.9%12.9%6.4%0.0%0.0%20.4%-24.1%-6116.2K-410.00131.70N/AN/A00010
2023-02-24$17.43$0.0028.4%8.1%6.4%0.0%0.0%-0.1%-2.7%-5436.6K-410.00124.56N/AN/A00010
2023-02-27$17.50$0.0033.0%9.4%6.6%0.0%0.0%-0.1%-19.9%-5136.5K-410.00121.81N/AN/A00010
2023-02-28$17.51$0.0042.9%12.3%6.6%0.0%0.0%8.3%-10.4%-4536.7K-410.00134.79N/AN/A00010