MLN Options History — October 2023

In October 2023, MLN traded between $16.21 and $16.80. ATM implied volatility averaged 40.2%, placing in the 26.2% IV rank vs the trailing year. The 30-day expected move averaged 10.4%. IV traded above realized volatility by 29.0% (HV 20d: 11.2%). Max pain ranged from $17.00 to $17.00. Net GEX was positive for 21 of 22 trading days. Term structure was in contango for 3 of 22 days. Put/call ratio averaged 0.00.

Notable Days

  • 2023-10-25: Highest Volume — 43 contracts
  • 2023-10-25: Largest IV spike — 83.4% change
  • 2023-10-05: Highest IV Rank — 40.7%
  • 2023-10-02: Largest Expected Move — 15.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$16.43$16.21$16.80$16.49$16.23
Max Pain$17.00$17.00$17.00$17.00$17.00
ATM IV40.2%25.4%56.6%54.3%37.8%
Expected Move10.4%6.3%15.6%15.6%10.8%
HV 20d11.2%9.1%12.8%9.1%10.4%
HV 60d8.5%7.5%9.2%7.5%8.8%
IV Rank26.2%13.1%40.7%38.7%24.0%
IV Percentile63.9%28.1%92.2%91.5%60.4%
Term Structure-13.6%-43.8%9.7%-43.8%-29.8%
Skew 25d-10.1%-37.0%10.5%10.5%-30.7%
Skew 10d-12.2%-48.1%16.8%9.2%-39.9%
Call IV 25d41.1%22.0%66.8%35.7%51.1%
Put IV 25d31.0%11.4%65.7%46.2%20.4%
Bid-Ask Spread %134.81102.64145.31141.68122.72
Gamma HHI0.680.451.000.610.95
Net GEX828-14.5K2274.5K
Net DEX-9.3K-52.0K333-2.5K-46.1K
Net VEX-54-322-2-6-309
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume2.04504300
Total OI16.182278578

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-10-02$16.49$17.0054.3%15.6%9.1%38.7%0.0%10.5%-43.8%227-2.5K-60.00141.68N/AN/A0050
2023-10-03$16.36$17.0053.6%15.4%9.3%38.1%0.0%-0.5%-24.9%204-2.5K-60.00138.73N/AN/A0050
2023-10-04$16.45$17.0050.2%14.4%9.4%35.0%0.0%-28.9%-27.2%212-2.6K-60.00143.08N/AN/A0050
2023-10-05$16.48$0.0056.6%9.6%9.5%40.7%0.0%-0.3%-14.8%212-2.7K-50.00142.58N/AN/A0050
2023-10-06$16.34$0.0044.1%8.0%9.7%29.7%0.0%0.4%-3.1%241-1.9K-40.00144.14N/AN/A0050
2023-10-09$16.48$0.0054.8%8.4%10.4%39.1%0.0%-0.3%-16.3%240-2.3K-40.00141.84N/AN/A0050
2023-10-10$16.68$0.0044.6%6.3%11.6%30.1%0.0%7.1%-6.3%305-2.3K-40.00142.02N/AN/A0050
2023-10-11$16.80$0.0035.0%10.0%11.9%21.6%0.0%-0.1%-4.8%262-2.9K-40.00142.36N/AN/A0050
2023-10-12$16.71$0.0035.0%10.0%11.9%21.6%0.0%3.3%-15.8%283-2.5K-40.00142.40N/AN/A0050
2023-10-13$16.79$0.0036.0%10.3%12.1%22.5%0.0%-0.1%1.9%225-3.1K-40.00142.37N/AN/A0050
2023-10-16$16.59$0.0028.8%8.3%12.6%16.1%0.0%6.7%-5.9%230-2.7K-30.00134.98N/AN/A0050
2023-10-17$16.46$0.0027.8%8.0%12.8%15.2%0.0%-28.4%-20.5%241-2.2K-20.00129.07N/AN/A1050
2023-10-18$16.38$0.0026.7%7.7%12.7%14.2%0.0%-2.5%-8.0%286-2.9K-60.00138.86N/AN/A0060
2023-10-19$16.27$0.0042.8%12.3%12.4%28.4%0.0%2.5%6.6%205-3.6K-60.00145.31N/AN/A0060
2023-10-20$16.27$0.0030.1%8.6%12.4%17.2%0.0%-16.4%-6.7%34-957-40.00128.27N/AN/A0160
2023-10-23$16.27$0.0045.3%13.0%11.5%30.7%0.0%-26.7%-20.4%-1216-80.00130.60N/AN/A0011
2023-10-24$16.34$0.0025.4%7.3%11.6%13.1%0.0%-7.7%-7.9%12274-70.00121.89N/AN/A0011
2023-10-25$16.23$0.0046.5%13.3%11.7%31.8%0.0%-37.0%-15.0%19333-70.00134.02N/AN/A43011
2023-10-26$16.31$0.0044.2%12.7%11.6%29.7%0.0%-9.6%-33.0%3.6K-34.9K-2310.00125.13N/AN/A00571
2023-10-27$16.29$0.0035.5%10.2%11.3%22.0%0.0%-30.1%9.7%3.5K-34.7K-2310.00131.16N/AN/A00571
2023-10-30$16.21$0.0029.7%8.5%10.7%16.9%0.0%-33.7%-12.3%3.2K-52.0K-3220.00102.64N/AN/A00771
2023-10-31$16.23$0.0037.8%10.8%10.4%24.0%0.0%-30.7%-29.8%4.5K-46.1K-3090.00122.72N/AN/A00771