MLN Options History — September 2023

In September 2023, MLN traded between $16.59 and $17.38. ATM implied volatility averaged 43.9%, placing in the 31.2% IV rank vs the trailing year. The 30-day expected move averaged 8.2%. IV traded above realized volatility by 37.3% (HV 20d: 6.7%). Max pain ranged from $17.00 to $18.00. Net GEX was positive for 8 of 20 trading days. Term structure was in contango for 6 of 20 days.

Notable Days

  • 2023-09-25: Highest Volume — 10 contracts
  • 2023-09-28: Largest IV spike — 77.5% change
  • 2023-09-11: Highest IV Rank — 100.0%
  • 2023-09-29: Largest Expected Move — 13.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$17.12$16.59$17.38$17.34$16.69
Max Pain$17.05$17.00$18.00$18.00$17.00
ATM IV43.9%21.1%123.6%46.3%46.6%
Expected Move8.2%4.9%13.3%13.3%13.3%
HV 20d6.7%5.7%8.4%6.3%8.4%
HV 60d6.6%6.2%7.1%6.4%7.1%
IV Rank31.2%9.3%100.0%36.6%31.8%
IV Percentile58.6%18.5%100.0%84.0%83.4%
Term Structure-5.7%-24.1%14.8%-16.6%-12.4%
Skew 25d3.5%-10.8%36.4%36.4%-0.1%
Skew 10d3.7%-3.2%17.2%16.7%3.8%
Call IV 25d33.8%10.6%55.1%40.3%51.6%
Put IV 25d37.3%21.5%76.7%76.7%51.5%
Bid-Ask Spread %139.71132.16144.45144.45140.34
Gamma HHI0.430.280.810.370.58
Net GEX41-84327-44218
Net DEX94-3.0K2.9K-389-3.0K
Net VEX-43-60-5-54-7
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume0.501000
Total OI13.5516165

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-09-01$17.34$18.0046.3%13.3%6.3%36.6%0.0%36.4%-16.6%-44-389-540.00144.45N/AN/A00610
2023-09-05$17.27$17.0067.3%5.0%6.2%58.1%0.0%-3.3%-0.0%-238-530.00142.58N/AN/A00610
2023-09-06$17.34$17.0049.5%8.9%6.3%39.9%0.0%1.1%-19.6%-40-667-500.00136.32N/AN/A00610
2023-09-07$17.27$17.0065.2%8.7%6.2%56.0%0.0%1.8%0.7%1511.4K-600.00140.26N/AN/A00610
2023-09-08$17.29$17.0072.3%4.9%6.2%63.3%0.0%1.7%1.7%27-43-510.00137.97N/AN/A00610
2023-09-11$17.32$17.00123.6%6.5%6.3%100.0%0.0%10.6%-8.9%-26-72-520.00142.98N/AN/A00610
2023-09-12$17.32$17.0077.7%8.1%6.2%59.4%0.0%-0.3%-21.4%3182-510.00140.19N/AN/A00610
2023-09-13$17.38$17.0028.4%8.2%6.3%15.8%0.0%-8.1%-24.1%-31-462-510.00142.58N/AN/A00610
2023-09-14$17.30$17.0031.4%9.0%6.4%18.4%0.0%-10.8%-10.2%-60-382-500.00137.88N/AN/A00610
2023-09-15$17.27$17.0021.1%6.1%5.9%9.3%0.0%4.3%-6.1%-53947-520.00142.78N/AN/A00610
2023-09-18$17.30$17.0022.0%6.3%5.9%10.1%0.0%10.7%-4.2%831.8K-540.00134.66N/AN/A00510
2023-09-19$17.23$17.0028.9%8.3%5.7%16.2%0.0%0.5%9.8%-161.7K-540.00138.40N/AN/A00510
2023-09-20$17.24$17.0031.9%9.1%5.7%18.8%0.0%-2.2%-13.5%-841.1K-520.00142.58N/AN/A00510
2023-09-21$17.04$17.0024.2%6.9%7.0%12.0%0.0%-1.5%-9.1%-661.9K-520.00143.95N/AN/A00510
2023-09-22$17.05$17.0026.7%7.6%6.7%14.2%0.0%0.5%14.8%-62.4K-530.00140.98N/AN/A00510
2023-09-25$16.80$17.0024.0%6.9%8.1%11.9%0.0%32.1%6.4%-822.9K-520.00138.09N/AN/A010510
2023-09-26$16.71$17.0032.5%9.3%8.2%19.4%0.0%-2.4%-4.5%262-2.6K-70.00132.76N/AN/A0050
2023-09-27$16.73$17.0021.3%6.1%7.6%9.4%0.0%-4.8%-2.2%327-2.2K-50.00132.16N/AN/A0050
2023-09-28$16.59$17.0037.8%10.8%7.9%24.0%0.0%3.4%5.2%223-2.7K-70.00142.33N/AN/A0050
2023-09-29$16.69$17.0046.6%13.3%8.4%31.8%0.0%-0.1%-12.4%218-3.0K-70.00140.34N/AN/A0050