MLN Options History — July 2023

In July 2023, MLN traded between $17.78 and $18.09. ATM implied volatility averaged 36.5%, placing in the 20.3% IV rank vs the trailing year. The 30-day expected move averaged 9.2%. IV traded above realized volatility by 30.3% (HV 20d: 6.2%). Max pain ranged from $18.00 to $18.00. Net GEX was positive for 12 of 20 trading days. Term structure was in contango for 6 of 20 days. Put/call ratio averaged 0.00.

Notable Days

  • 2023-07-12: Highest Volume — 10 contracts
  • 2023-07-20: Largest IV spike — 308.8% change
  • 2023-07-31: Highest IV Rank — 32.8%
  • 2023-07-03: Largest Expected Move — 15.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$17.94$17.78$18.09$17.93$17.88
Max Pain$18.00$18.00$18.00$18.00$18.00
ATM IV36.5%10.6%57.0%52.5%42.6%
Expected Move9.2%3.0%15.1%15.1%12.2%
HV 20d6.2%4.9%7.1%7.1%4.9%
HV 60d6.8%6.2%7.2%7.1%6.2%
IV Rank20.3%2.4%32.8%26.0%32.8%
IV Percentile46.3%1.6%75.0%60.3%75.0%
Term Structure-11.7%-43.2%22.0%-40.4%-43.2%
VWIV26.2%10.8%41.6%10.8%41.6%
Skew 25d4.6%-25.6%31.5%-4.8%8.8%
Skew 10d4.4%-20.5%36.8%-2.3%21.4%
Call IV 25d36.7%12.8%70.4%70.4%41.6%
Put IV 25d41.3%9.0%75.2%65.5%50.4%
Bid-Ask Spread %128.4879.57143.47133.74131.45
Gamma HHI0.780.411.000.721.00
Net GEX-100-511206-392118
Net DEX-258-6.7K4.4K4.1K-1.1K
Net VEX-18-41-6-24-6
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume1.101000
Total OI12.55224142

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-07-03$17.93$18.0052.5%15.1%7.1%0.0%0.0%-4.8%-40.4%-3924.1K-240.00133.74N/AN/A00311
2023-07-05$17.89$18.0045.9%13.2%6.5%0.0%0.0%8.8%-42.4%-4204.1K-240.00139.43N/AN/A00311
2023-07-06$17.80$0.0037.0%6.7%6.7%0.0%0.0%1.5%4.3%-5114.1K-220.00138.59N/AN/A10311
2023-07-07$17.79$0.0049.1%9.1%6.5%0.0%0.0%-0.3%-31.1%-4183.2K-230.00124.14N/AN/A00411
2023-07-10$17.78$0.0054.4%8.9%6.4%0.0%0.0%-18.2%-7.2%-5012.8K-200.0079.57N/AN/A00411
2023-07-11$17.81$0.0057.0%7.2%6.4%0.0%0.0%1.0%-7.3%-3993.2K-200.00129.82N/AN/A10411
2023-07-12$17.87$0.0025.9%7.4%6.5%0.0%10.8%9.9%16.3%-3964.4K-200.00129.78N/AN/A100311
2023-07-13$17.95$18.0039.6%11.4%6.7%0.0%0.0%-25.6%-11.8%206-5.5K-410.00124.16N/AN/A001311
2023-07-14$17.93$18.0019.2%5.5%6.7%0.0%0.0%12.0%15.4%133-6.7K-380.00131.28N/AN/A001311
2023-07-17$17.96$18.0040.8%11.7%6.7%0.0%0.0%-8.5%-23.5%92-5.4K-360.00141.82N/AN/A001311
2023-07-18$18.00$18.0042.0%12.0%6.7%0.0%41.6%2.6%-25.0%19-6.6K-340.00143.47N/AN/A1001311
2023-07-19$18.07$0.0010.6%3.0%6.8%0.0%0.0%0.4%-3.6%193-1.0K-60.00116.37N/AN/A00311
2023-07-20$18.02$0.0043.4%12.4%6.8%0.0%0.0%1.8%-11.9%-3963.9K-110.00133.97N/AN/A00311
2023-07-21$18.04$0.0035.9%10.3%5.5%26.0%0.0%19.1%-25.8%101-2.3K-70.00135.62N/AN/A00311
2023-07-24$18.02$0.0029.3%8.4%5.5%19.2%0.0%11.8%-7.8%107-1.3K-70.00130.20N/AN/A0020
2023-07-25$17.99$0.0012.9%3.7%5.5%2.4%0.0%-21.6%22.0%106-1.3K-70.00128.65N/AN/A0020
2023-07-26$18.09$0.0040.9%11.7%5.8%31.1%0.0%31.0%0.2%116-1.3K-70.00126.14N/AN/A0020
2023-07-27$17.99$0.0022.0%6.3%5.6%11.7%0.0%31.5%-18.3%122-1.2K-60.00125.67N/AN/A0020
2023-07-28$17.94$0.0029.1%8.4%4.9%19.0%0.0%31.0%6.3%119-1.2K-60.00125.72N/AN/A0020
2023-07-31$17.88$0.0042.6%12.2%4.9%32.8%0.0%8.8%-43.2%118-1.1K-60.00131.45N/AN/A0020