MLN Options History — April 2023

In April 2023, MLN traded between $17.82 and $18.25. ATM implied volatility averaged 36.0%. The 30-day expected move averaged 9.9%. IV traded above realized volatility by 29.3% (HV 20d: 6.7%). Max pain ranged from $19.00 to $19.00. Net GEX was positive for 0 of 19 trading days. Term structure was in contango for 5 of 19 days. Put/call ratio averaged 0.00.

Notable Days

  • 2023-04-05: Highest Volume — 2 contracts
  • 2023-04-13: Largest IV spike — 237.1% change
  • 2023-04-13: Largest Expected Move — 31.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$18.03$17.82$18.25$17.99$17.99
Max Pain$19.00$19.00$19.00$19.00$19.00
ATM IV36.0%11.5%108.1%36.1%11.5%
Expected Move9.9%3.3%31.0%10.4%3.3%
HV 20d6.7%6.1%7.0%6.9%6.9%
HV 60d7.0%6.7%7.3%6.9%7.1%
Term Structure-10.1%-41.8%21.0%-41.8%11.5%
Skew 25d2.7%-8.1%26.3%-0.9%23.3%
Skew 10d2.9%-32.5%38.8%0.2%35.6%
Call IV 25d39.2%10.3%140.5%31.2%14.4%
Put IV 25d41.9%20.8%147.6%30.2%37.7%
Bid-Ask Spread %132.23125.36148.36132.63127.11
Gamma HHI0.690.580.830.830.72
Net GEX-394-582-112-582-470
Net DEX3.2K1.6K4.8K2.1K3.4K
Net VEX-38-46-23-23-37
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume0.1050200
Total OI12.42111131112

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-04-03$17.99$19.0036.1%10.4%6.9%0.0%0.0%-0.9%-41.8%-5822.1K-230.00132.63N/AN/A00110
2023-04-04$18.03$19.0023.3%6.7%6.9%0.0%0.0%-1.5%7.9%-4634.2K-320.00126.98N/AN/A00110
2023-04-05$18.14$19.0046.4%13.3%7.0%0.0%0.0%1.2%-32.7%-4114.3K-330.00144.41N/AN/A20110
2023-04-06$18.16$0.0030.6%9.1%7.0%0.0%0.0%-5.1%-0.5%-2443.3K-450.00126.62N/AN/A00310
2023-04-10$18.14$0.0041.8%8.7%6.9%0.0%0.0%-3.0%2.4%-3592.3K-400.00130.44N/AN/A00310
2023-04-11$18.21$0.0040.6%6.6%6.6%0.0%0.0%8.0%-7.4%-2912.3K-400.00127.61N/AN/A00310
2023-04-12$18.25$0.0032.1%9.2%6.5%0.0%0.0%-0.4%-11.8%-2772.6K-420.00136.65N/AN/A00310
2023-04-13$18.22$0.00108.1%31.0%6.3%0.0%0.0%7.1%-41.6%-1123.8K-460.00148.36N/AN/A00310
2023-04-14$18.15$0.0039.9%11.4%6.5%0.0%0.0%0.7%-15.1%-3322.6K-410.00130.99N/AN/A00310
2023-04-17$18.13$0.0019.9%5.7%6.1%0.0%0.0%-5.2%-16.8%-3981.6K-350.00132.46N/AN/A00310
2023-04-18$17.91$0.0027.6%7.9%6.7%0.0%0.0%-0.9%-10.4%-4872.6K-370.00137.81N/AN/A00310
2023-04-19$17.82$0.0028.7%8.2%6.7%0.0%0.0%1.1%-9.5%-5043.1K-390.00128.85N/AN/A00310
2023-04-20$17.84$0.0028.6%8.2%6.4%0.0%0.0%-8.1%21.0%-4463.4K-400.00125.36N/AN/A00310
2023-04-21$17.84$0.0044.3%12.7%6.3%0.0%0.0%1.8%-10.4%-3034.8K-430.00143.38N/AN/A00310
2023-04-24$17.89$0.0022.7%6.5%6.2%0.0%0.0%26.3%-4.0%-4564.0K-390.00125.63N/AN/A00210
2023-04-25$18.02$0.0027.2%7.8%6.7%0.0%0.0%10.6%-10.2%-4683.3K-380.00128.33N/AN/A00210
2023-04-26$17.94$0.0048.1%13.8%6.9%0.0%0.0%-3.5%-26.4%-5033.4K-380.00127.54N/AN/A00210
2023-04-27$17.93$0.0026.3%7.5%6.9%0.0%0.0%0.2%4.6%-3804.3K-410.00131.16N/AN/A00210
2023-04-28$17.99$0.0011.5%3.3%6.9%0.0%0.0%23.3%11.5%-4703.4K-370.00127.11N/AN/A00210