MLN Options History — January 2024

In January 2024, MLN traded between $17.84 and $18.23. ATM implied volatility averaged 45.0%, placing in the 17.6% IV rank vs the trailing year. The 30-day expected move averaged 13.8%. IV traded above realized volatility by 39.9% (HV 20d: 5.2%). Max pain ranged from $17.00 to $18.00. Net GEX was positive for 18 of 21 trading days. Term structure was in contango for 1 of 21 days. Put/call ratio averaged 0.00.

Notable Days

2024-01-12: Highest Volume — 26 contracts
2024-01-10: Largest IV spike — 332.3% change
2024-01-02: Highest IV Rank — 49.9%
2024-01-02: Largest Expected Move — 32.0%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$18.05	$17.84	$18.23	$18.18	$18.07
Max Pain	$17.78	$17.00	$18.00	$17.00	$18.00
ATM IV	45.0%	8.9%	111.6%	111.6%	56.6%
Expected Move	13.8%	10.2%	32.0%	32.0%	16.2%
HV 20d	5.2%	4.3%	6.0%	5.6%	5.5%
HV 60d	8.4%	7.5%	9.5%	9.5%	7.5%
IV Rank	17.6%	0.0%	49.9%	49.9%	23.2%
IV Percentile	65.2%	0.4%	99.2%	99.2%	86.1%
Term Structure	-14.1%	-22.5%	7.4%	-22.1%	-20.8%
VWIV	45.2%	45.2%	45.2%	45.2%	45.2%
Skew 25d	-5.0%	-50.3%	44.5%	44.5%	0.3%
Skew 10d	-9.8%	-63.3%	7.2%	-29.1%	6.3%
Call IV 25d	59.4%	38.8%	79.1%	44.6%	79.1%
Put IV 25d	54.5%	12.4%	89.1%	89.1%	79.4%
Bid-Ask Spread %	143.14	123.82	148.83	139.30	142.12
Gamma HHI	0.86	0.48	0.99	0.90	0.99
Net GEX	1.1K	-2.6K	1.8K	1.2K	1.6K
Net DEX	-52.2K	-62.2K	-30.7K	-57.3K	-53.3K
Net VEX	-150	-167	-137	-167	-137
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.00	0.00	0.00	0.00	0.00
Total Volume	1.333	0	26	0	0
Total OI	53.905	44	77	51	46

Daily Data (21 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	Spread %	Call Wall	Put Wall	Call Vol	Put Vol	Call OI	Put OI
2024-01-02	$18.18	$17.00	111.6%	32.0%	5.6%	49.9%	0.0%	44.5%	-22.1%	1.2K	-57.3K	-167	139.30	N/A	N/A	0	0	50	1
2024-01-03	$18.23	$17.00	41.1%	11.8%	5.4%	15.7%	0.0%	-24.0%	-22.5%	1.8K	-60.9K	-160	123.82	N/A	N/A	0	0	50	1
2024-01-04	$18.18	$0.00	37.5%	11.2%	5.4%	13.9%	0.0%	0.3%	-11.5%	1.8K	-61.1K	-157	148.72	N/A	N/A	0	0	50	1
2024-01-05	$18.14	$0.00	37.1%	11.3%	5.6%	13.7%	0.0%	-0.2%	-12.0%	1.8K	-59.8K	-158	148.83	N/A	N/A	0	0	50	1
2024-01-08	$18.23	$0.00	8.9%	11.6%	5.7%	0.0%	0.0%	-0.1%	-12.7%	1.5K	-62.2K	-150	148.28	N/A	N/A	0	0	50	1
2024-01-09	$18.21	$0.00	9.5%	11.7%	5.8%	0.3%	0.0%	-0.1%	-13.2%	1.5K	-62.0K	-149	148.38	N/A	N/A	0	0	50	1
2024-01-10	$18.16	$0.00	41.0%	11.7%	5.9%	15.6%	0.0%	-0.1%	-13.5%	1.8K	-59.6K	-154	148.56	N/A	N/A	0	0	50	1
2024-01-11	$18.21	$0.00	41.5%	11.9%	6.0%	15.8%	0.0%	-0.1%	-13.7%	1.8K	-60.5K	-153	148.13	N/A	N/A	0	0	50	1
2024-01-12	$18.19	$0.00	42.6%	12.2%	5.6%	16.4%	0.0%	-0.0%	-14.7%	1.6K	-61.8K	-148	147.79	N/A	N/A	0	26	50	1
2024-01-16	$18.13	$0.00	43.6%	12.5%	4.3%	16.9%	0.0%	0.1%	-16.2%	-206	-38.3K	-164	148.13	N/A	N/A	0	0	50	27
2024-01-17	$18.05	$0.00	43.3%	12.4%	4.6%	16.7%	0.0%	1.5%	-15.2%	-2.6K	-37.8K	-158	148.07	N/A	N/A	0	0	50	27
2024-01-18	$17.98	$0.00	43.5%	12.5%	4.7%	16.8%	0.0%	1.5%	-9.9%	192	-34.6K	-154	146.34	N/A	N/A	0	0	50	27
2024-01-19	$17.87	$0.00	35.4%	10.2%	4.7%	12.9%	0.0%	2.1%	7.4%	-2.6K	-30.7K	-148	146.28	N/A	N/A	0	0	50	27
2024-01-22	$17.91	$0.00	46.2%	13.2%	4.7%	18.1%	45.2%	-48.1%	-10.5%	1.5K	-49.3K	-143	139.40	N/A	N/A	1	0	43	1
2024-01-23	$17.88	$18.00	47.2%	13.5%	4.7%	18.6%	0.0%	-34.8%	-13.1%	1.6K	-49.9K	-144	135.80	N/A	N/A	1	0	44	1
2024-01-24	$17.84	$18.00	48.9%	14.0%	4.8%	19.5%	0.0%	-50.3%	-14.5%	1.6K	-50.5K	-146	142.20	N/A	N/A	0	0	45	1
2024-01-25	$17.88	$18.00	48.5%	13.9%	4.6%	19.3%	0.0%	0.8%	-13.6%	1.6K	-51.0K	-146	138.92	N/A	N/A	0	0	45	1
2024-01-26	$17.84	$18.00	53.4%	15.3%	4.6%	21.6%	0.0%	0.7%	-15.6%	1.6K	-50.5K	-145	137.49	N/A	N/A	0	0	45	1
2024-01-29	$17.95	$18.00	53.6%	15.4%	5.2%	21.7%	0.0%	1.2%	-17.9%	1.6K	-51.8K	-138	137.07	N/A	N/A	0	0	45	1
2024-01-30	$17.98	$18.00	55.1%	15.8%	5.3%	22.5%	0.0%	0.4%	-19.5%	1.6K	-52.2K	-138	142.30	N/A	N/A	0	0	45	1
2024-01-31	$18.07	$18.00	56.6%	16.2%	5.5%	23.2%	0.0%	0.3%	-20.8%	1.6K	-53.3K	-137	142.12	N/A	N/A	0	0	45	1