MLN Options History — December 2023

In December 2023, MLN traded between $17.68 and $18.29. ATM implied volatility averaged 74.0%, placing in the 37.4% IV rank vs the trailing year. The 30-day expected move averaged 18.4%. IV traded above realized volatility by 66.4% (HV 20d: 7.6%). Max pain ranged from $17.00 to $17.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 0 of 20 days. Put/call ratio averaged 0.00.

Notable Days

  • 2023-12-14: Highest Volume — 43 contracts
  • 2023-12-08: Largest IV spike — 396.7% change
  • 2023-12-11: Highest IV Rank — 100.0%
  • 2023-12-26: Largest Expected Move — 26.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$18.02$17.68$18.29$17.73$18.24
Max Pain$17.00$17.00$17.00$17.00$17.00
ATM IV74.0%13.7%214.9%64.5%42.4%
Expected Move18.4%8.5%26.9%18.5%12.2%
HV 20d7.6%5.4%9.7%9.7%5.4%
HV 60d10.5%9.4%11.1%10.9%9.4%
IV Rank37.4%4.3%100.0%48.5%16.3%
IV Percentile83.8%2.7%100.0%94.1%65.1%
Term Structure-13.4%-38.7%-3.7%-38.7%-17.6%
VWIV48.1%45.8%50.3%50.3%45.8%
Skew 25d23.2%-62.7%91.2%-62.7%-44.4%
Skew 10d33.1%-67.2%119.5%-67.2%-58.0%
Call IV 25d59.9%13.7%77.3%77.3%58.6%
Put IV 25d83.2%8.2%165.1%14.7%14.2%
Bid-Ask Spread %142.0989.60149.38127.51134.72
Gamma HHI0.930.820.970.940.89
Net GEX1.8K1.1K3.6K3.6K1.3K
Net DEX-69.8K-91.4K-55.4K-91.4K-58.2K
Net VEX-224-293-167-285-171
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume404350
Total OI62.0549797951

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-12-01$17.73$0.0064.5%18.5%9.7%48.5%0.0%-62.7%-38.7%3.6K-91.4K-2850.00127.51N/AN/A50781
2023-12-04$17.68$17.0055.5%11.0%9.5%40.6%0.0%0.1%-11.4%2.7K-86.2K-2930.00148.13N/AN/A20781
2023-12-05$17.77$17.0073.0%10.9%9.4%55.9%0.0%0.3%-11.3%2.5K-85.0K-2850.00147.98N/AN/A00761
2023-12-06$17.79$17.0076.9%10.7%9.0%59.4%0.0%0.3%-11.6%2.5K-85.4K-2840.00148.59N/AN/A00761
2023-12-07$17.80$17.0013.7%11.0%8.9%4.3%0.0%0.2%-11.9%2.7K-86.1K-2830.00148.27N/AN/A00761
2023-12-08$17.80$17.0068.2%11.3%8.1%51.7%0.0%0.0%-13.4%2.6K-85.7K-2820.00147.98N/AN/A00761
2023-12-11$17.81$17.00214.9%20.3%8.2%100.0%0.0%77.7%-13.3%1.8K-83.7K-2840.00149.12N/AN/A00761
2023-12-12$17.82$17.0024.4%20.4%8.1%7.6%50.3%78.7%-12.6%1.8K-83.8K-2830.00149.32N/AN/A80761
2023-12-13$17.95$17.0072.5%20.8%7.0%30.9%0.0%79.2%-13.4%1.6K-76.7K-2650.00148.82N/AN/A200681
2023-12-14$18.14$17.0074.2%21.3%7.0%31.7%0.0%79.3%-3.7%1.2K-55.9K-1820.00148.86N/AN/A430481
2023-12-15$18.16$17.0078.0%22.4%7.0%33.6%0.0%80.4%-9.6%1.1K-55.9K-1810.00149.21N/AN/A00481
2023-12-18$18.11$17.0081.1%23.3%7.2%35.1%45.8%84.5%-9.7%1.1K-55.4K-1790.00149.38N/AN/A10481
2023-12-19$18.19$17.0082.8%23.7%7.0%35.9%0.0%85.4%-11.1%1.2K-57.0K-1800.00145.18N/AN/A00491
2023-12-20$18.23$17.0084.0%24.1%7.0%36.5%0.0%56.9%-11.4%1.2K-57.5K-1790.00138.67N/AN/A00491
2023-12-21$18.23$17.0086.1%24.7%7.0%37.5%0.0%-50.0%-12.3%1.2K-57.6K-1790.00143.78N/AN/A10491
2023-12-22$18.21$17.0087.7%25.1%6.7%38.3%0.0%91.2%-12.9%1.2K-57.3K-1790.00149.10N/AN/A00501
2023-12-26$18.27$17.0093.8%26.9%6.7%41.2%0.0%-52.3%-13.8%1.2K-58.0K-1750.00141.92N/AN/A00501
2023-12-27$18.29$17.0029.7%8.5%6.7%10.1%0.0%-5.5%-15.6%1.4K-60.4K-1670.0089.60N/AN/A00501
2023-12-28$18.23$17.0075.9%21.7%5.6%32.5%0.0%-34.6%-12.5%1.3K-58.3K-1710.00135.63N/AN/A00501
2023-12-29$18.24$17.0042.4%12.2%5.4%16.3%0.0%-44.4%-17.6%1.3K-58.2K-1710.00134.72N/AN/A00501