MLN Options History — May 2023

In May 2023, MLN traded between $17.43 and $18.02. ATM implied volatility averaged 28.3%. The 30-day expected move averaged 8.3%. IV traded above realized volatility by 20.8% (HV 20d: 7.5%). Max pain ranged from $18.00 to $18.00. Net GEX was positive for 0 of 22 trading days. Term structure was in contango for 9 of 22 days. Put/call ratio averaged 0.00.

Notable Days

  • 2023-05-25: Highest Volume — 2 contracts
  • 2023-05-15: Largest IV spike — 80.4% change
  • 2023-05-02: Largest Expected Move — 12.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$17.81$17.43$18.02$17.81$17.78
Max Pain$18.00$18.00$18.00$18.00$18.00
ATM IV28.3%13.9%44.5%25.9%39.3%
Expected Move8.3%4.0%12.7%7.4%11.3%
HV 20d7.5%6.5%8.3%7.7%6.5%
HV 60d7.4%7.0%7.5%7.4%7.3%
Term Structure-3.7%-18.8%17.1%4.9%-9.3%
VWIV34.9%34.9%34.9%34.9%34.9%
Skew 25d-1.5%-28.9%13.1%-0.3%-0.2%
Skew 10d2.4%-12.2%28.0%1.0%1.5%
Call IV 25d36.0%21.9%63.3%28.1%32.7%
Put IV 25d34.5%22.0%65.6%27.8%32.5%
Bid-Ask Spread %128.68124.86139.06127.01127.20
Gamma HHI0.730.540.840.730.54
Net GEX-465-865-334-464-334
Net DEX3.8K2.6K5.9K4.0K2.6K
Net VEX-35-37-31-37-34
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume0.0910200
Total OI12.27312141214

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-05-01$17.81$0.0025.9%7.4%7.7%0.0%0.0%-0.3%4.9%-4644.0K-370.00127.01N/AN/A00210
2023-05-02$17.96$0.0044.5%12.7%8.3%0.0%0.0%7.1%-16.8%-4613.3K-370.00130.69N/AN/A00210
2023-05-03$17.95$0.0016.6%4.8%8.3%0.0%0.0%1.4%6.1%-4413.5K-360.00126.60N/AN/A00210
2023-05-04$17.98$0.0017.2%6.0%8.0%0.0%0.0%-7.9%-4.4%-4463.4K-360.00127.09N/AN/A00210
2023-05-05$18.01$0.0017.7%6.0%8.0%0.0%0.0%-5.4%-4.5%-4653.0K-360.00128.41N/AN/A00210
2023-05-08$17.94$0.0030.1%10.3%8.1%0.0%0.0%8.3%-18.8%-5103.1K-350.00129.14N/AN/A00210
2023-05-09$17.94$0.0021.0%5.3%7.9%0.0%0.0%-1.9%1.5%-4603.5K-360.00124.86N/AN/A00210
2023-05-10$17.99$0.0026.4%7.6%7.9%0.0%0.0%13.1%2.4%-4423.4K-350.00126.69N/AN/A00210
2023-05-11$18.02$0.0013.9%4.0%8.0%0.0%0.0%0.2%12.5%-4603.1K-350.00127.38N/AN/A00210
2023-05-12$17.96$0.0014.1%4.0%8.0%0.0%0.0%-15.9%17.1%-4223.7K-360.00126.69N/AN/A00210
2023-05-15$17.97$0.0025.4%7.3%8.0%0.0%0.0%-8.9%-10.4%-4323.7K-350.00129.79N/AN/A00210
2023-05-16$17.92$0.0020.4%5.8%6.7%0.0%0.0%1.2%0.3%-4523.7K-350.00125.82N/AN/A00210
2023-05-17$17.87$0.0029.3%8.4%6.5%0.0%0.0%4.1%0.8%-4863.7K-350.00125.97N/AN/A00210
2023-05-18$17.70$0.0044.3%12.7%7.4%0.0%0.0%3.7%-10.6%-4064.8K-350.00139.06N/AN/A00210
2023-05-19$17.62$0.0029.0%8.3%7.5%0.0%0.0%6.6%-5.0%-5154.7K-350.00128.14N/AN/A00210
2023-05-22$17.59$0.0032.0%9.2%7.4%0.0%0.0%-3.0%-1.0%-8653.3K-310.00132.93N/AN/A00210
2023-05-23$17.52$0.0034.8%10.0%6.8%0.0%0.0%-8.0%5.2%-4245.5K-340.00127.70N/AN/A00210
2023-05-24$17.43$0.0025.6%7.3%6.9%0.0%0.0%0.1%-11.8%-4245.9K-340.00131.63N/AN/A00210
2023-05-25$17.53$0.0034.9%10.0%7.3%0.0%34.9%1.3%-12.6%-5794.9K-330.00130.63N/AN/A20210
2023-05-26$17.57$18.0043.2%12.4%7.3%0.0%0.0%-0.6%-12.4%-3593.5K-370.00128.94N/AN/A00410
2023-05-30$17.67$18.0038.1%10.9%6.8%0.0%0.0%-28.9%-14.3%-3833.0K-350.00128.69N/AN/A00410
2023-05-31$17.78$18.0039.3%11.3%6.5%0.0%0.0%-0.2%-9.3%-3342.6K-340.00127.20N/AN/A00410