MLN Options History — March 2023

In March 2023, MLN traded between $17.30 and $18.02. ATM implied volatility averaged 40.6%. The 30-day expected move averaged 8.7%. IV traded above realized volatility by 33.3% (HV 20d: 7.3%). Max pain ranged from $19.00 to $19.00. Net GEX was positive for 0 of 23 trading days. Term structure was in contango for 7 of 23 days. Put/call ratio averaged 0.00.

Notable Days

  • 2023-03-29: Highest Volume — 1 contracts
  • 2023-03-17: Largest IV spike — 133.3% change
  • 2023-03-27: Largest Expected Move — 13.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$17.68$17.30$18.02$17.41$18.02
Max Pain$19.00$19.00$19.00$19.00$19.00
ATM IV40.6%14.8%90.1%43.1%39.3%
Expected Move8.7%4.2%13.2%12.4%11.3%
HV 20d7.3%5.5%8.2%5.6%6.9%
HV 60d7.1%7.0%7.3%7.3%7.0%
Term Structure-4.5%-29.2%69.5%-24.6%-23.9%
VWIV12.1%12.1%12.1%12.1%12.1%
Skew 25d-0.4%-21.0%36.5%-8.6%0.5%
Skew 10d-6.4%-32.0%28.0%-0.1%-11.5%
Call IV 25d34.0%18.0%61.3%41.4%53.7%
Put IV 25d33.6%17.1%63.6%32.8%54.2%
Bid-Ask Spread %134.09125.22147.98134.47138.71
Gamma HHI0.980.811.001.000.83
Net GEX-540-711-374-512-518
Net DEX5.7K3.7K6.5K6.5K3.7K
Net VEX-37-41-31-41-31
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume0.0430100
Total OI10.08710111011

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-03-01$17.41$0.0043.1%12.4%5.6%0.0%0.0%-8.6%-24.6%-5126.5K-410.00134.47N/AN/A00010
2023-03-02$17.30$0.0036.7%10.5%5.5%0.0%0.0%0.6%-16.2%-6476.5K-400.00135.75N/AN/A00010
2023-03-03$17.40$0.0046.1%13.2%6.2%0.0%0.0%-3.8%-29.2%-5996.3K-400.00132.03N/AN/A00010
2023-03-06$17.38$0.0044.7%6.9%6.2%0.0%0.0%-7.5%-9.2%-6216.3K-390.00127.50N/AN/A00010
2023-03-07$17.43$0.0053.4%9.2%6.5%0.0%0.0%-10.1%0.4%-6136.2K-390.00130.55N/AN/A00010
2023-03-08$17.41$0.0051.7%11.3%6.5%0.0%0.0%-16.7%-25.4%-5596.4K-390.00135.47N/AN/A00010
2023-03-09$17.47$0.0060.7%8.9%6.7%0.0%0.0%-0.5%-9.4%-5776.2K-390.00131.29N/AN/A00010
2023-03-10$17.56$0.0073.6%6.0%7.1%0.0%0.0%-21.0%-4.5%-4746.3K-390.00134.29N/AN/A00010
2023-03-13$17.70$0.0090.1%7.7%7.8%0.0%0.0%-0.5%15.7%-4526.1K-390.00139.31N/AN/A00010
2023-03-14$17.66$0.0062.9%7.8%7.8%0.0%0.0%18.5%-6.2%-4406.3K-390.00147.98N/AN/A00010
2023-03-15$17.77$0.0025.3%7.3%8.2%0.0%0.0%-0.2%11.6%-4655.9K-370.00138.78N/AN/A00010
2023-03-16$17.75$0.0014.8%4.2%7.9%0.0%0.0%0.4%69.5%-6764.8K-330.00142.05N/AN/A00010
2023-03-17$17.89$0.0034.5%9.9%7.6%0.0%0.0%-0.5%-8.1%-5405.1K-350.00129.35N/AN/A00010
2023-03-20$17.72$0.0022.4%6.4%8.0%0.0%0.0%-0.0%4.7%-5285.8K-370.00128.99N/AN/A00010
2023-03-21$17.64$0.0022.7%6.5%7.9%0.0%0.0%-0.0%4.4%-7115.1K-340.00137.59N/AN/A00010
2023-03-22$17.75$0.0019.5%5.6%8.2%0.0%0.0%-10.5%-5.3%-4725.9K-360.00138.14N/AN/A00010
2023-03-23$17.82$0.0042.3%12.1%8.2%0.0%0.0%8.2%-9.4%-5495.3K-340.00131.70N/AN/A00010
2023-03-24$17.88$0.0029.5%8.5%8.0%0.0%0.0%9.4%-11.0%-4775.6K-360.00133.04N/AN/A00010
2023-03-27$17.87$0.0046.2%13.2%8.0%0.0%0.0%2.3%-11.3%-3746.2K-370.00135.52N/AN/A00010
2023-03-28$17.89$0.0015.0%4.3%8.0%0.0%0.0%-5.9%18.2%-5764.9K-320.00127.03N/AN/A00010
2023-03-29$17.91$0.0029.3%8.4%7.6%0.0%12.1%36.5%-27.5%-5495.0K-340.00125.22N/AN/A10010
2023-03-30$17.98$19.0029.1%8.4%7.0%0.0%0.0%-0.0%-7.0%-4974.1K-330.00129.37N/AN/A00110
2023-03-31$18.02$19.0039.3%11.3%6.9%0.0%0.0%0.5%-23.9%-5183.7K-310.00138.71N/AN/A00110