MLN Options History — February 2024

In February 2024, MLN traded between $17.82 and $18.16. ATM implied volatility averaged 34.7%, placing in the 12.6% IV rank vs the trailing year. The 30-day expected move averaged 8.5%. IV traded above realized volatility by 27.0% (HV 20d: 7.7%). Max pain ranged from $18.00 to $18.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 17 of 20 days. Put/call ratio averaged 0.00.

Notable Days

  • 2024-02-02: Highest Volume — 3 contracts
  • 2024-02-08: Largest IV spike — 49.5% change
  • 2024-02-05: Highest IV Rank — 28.0%
  • 2024-02-01: Largest Expected Move — 11.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$17.97$17.82$18.16$18.16$18.13
Max Pain$18.00$18.00$18.00$18.00$18.00
ATM IV34.7%24.4%66.5%50.4%34.3%
Expected Move8.5%6.5%11.2%11.2%9.8%
HV 20d7.7%5.8%8.5%5.8%7.8%
HV 60d7.1%6.4%7.7%7.3%6.4%
IV Rank12.6%7.5%28.0%20.2%12.4%
IV Percentile41.6%20.6%90.1%80.2%42.5%
Term Structure18.3%-9.1%26.1%-9.1%24.6%
VWIV8.3%7.8%8.7%7.8%8.7%
Skew 25d-10.1%-54.1%2.3%-0.2%1.1%
Skew 10d-7.6%-45.4%6.4%4.4%6.2%
Call IV 25d57.5%47.1%74.5%50.7%74.5%
Put IV 25d47.4%10.9%75.6%50.5%75.6%
Bid-Ask Spread %144.72138.79148.49148.49145.09
Gamma HHI0.790.510.980.960.81
Net GEX2.0K1.6K2.9K1.6K1.9K
Net DEX-54.9K-57.5K-52.7K-55.0K-57.5K
Net VEX-129-142-115-136-115
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume0.20300
Total OI48.6546494649

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-02-01$18.16$0.0050.4%11.2%5.8%20.2%0.0%-0.2%-9.1%1.6K-55.0K-1360.00148.49N/AN/A00451
2024-02-02$17.98$0.0059.7%6.5%6.7%24.7%7.8%0.7%21.5%1.6K-52.7K-1340.00148.01N/AN/A30451
2024-02-05$17.82$18.0066.5%6.5%7.3%28.0%0.0%0.7%22.0%1.8K-53.4K-1420.00146.64N/AN/A00481
2024-02-06$17.91$18.0043.2%9.2%7.3%16.7%0.0%0.7%5.6%1.8K-54.5K-1410.00148.19N/AN/A00481
2024-02-07$17.91$18.0024.4%7.0%7.3%7.5%0.0%0.8%22.0%1.9K-54.5K-1400.00147.50N/AN/A00481
2024-02-08$17.91$18.0036.4%10.4%7.3%13.4%0.0%0.8%-1.4%2.1K-54.3K-1390.00148.19N/AN/A00481
2024-02-09$17.95$18.0037.1%10.6%7.3%13.7%0.0%0.9%-2.6%1.9K-55.2K-1350.00148.13N/AN/A00481
2024-02-12$18.02$18.0028.0%8.0%7.4%9.3%0.0%1.0%18.9%2.3K-56.0K-1320.00148.01N/AN/A00481
2024-02-13$17.82$18.0027.1%7.8%8.3%8.9%0.0%-21.2%24.0%1.9K-53.1K-1340.00138.79N/AN/A00481
2024-02-14$17.91$18.0025.7%7.4%8.4%8.2%0.0%-40.8%23.0%1.9K-54.3K-1330.00139.19N/AN/A00481
2024-02-15$17.98$18.0026.1%7.5%8.5%8.4%0.0%2.3%23.3%1.9K-55.4K-1280.00140.73N/AN/A00481
2024-02-16$17.94$18.0025.9%7.4%8.2%8.3%0.0%-16.3%23.3%2.9K-54.0K-1270.00146.75N/AN/A00481
2024-02-20$17.95$18.0028.0%8.0%8.2%9.3%8.7%2.0%23.7%1.8K-54.1K-1230.00147.57N/AN/A10471
2024-02-21$17.95$18.0028.6%8.2%8.1%9.6%0.0%-48.0%23.8%2.0K-55.2K-1230.00140.73N/AN/A00481
2024-02-22$17.93$18.0028.5%8.2%8.1%9.6%0.0%-36.4%24.3%2.0K-54.8K-1220.00140.27N/AN/A00481
2024-02-23$18.02$18.0028.4%8.1%8.3%9.5%0.0%1.2%24.2%1.9K-55.8K-1210.00139.40N/AN/A00481
2024-02-26$18.02$18.0031.5%9.0%8.2%11.0%0.0%-54.1%24.4%2.0K-56.1K-1180.00142.04N/AN/A00481
2024-02-27$18.02$18.0031.6%9.1%7.9%11.1%0.0%1.2%26.1%1.9K-55.8K-1170.00144.29N/AN/A00481
2024-02-28$18.07$18.0032.5%9.3%8.0%11.5%0.0%1.2%24.8%1.9K-56.6K-1160.00146.41N/AN/A00481
2024-02-29$18.13$18.0034.3%9.8%7.8%12.4%0.0%1.1%24.6%1.9K-57.5K-1150.00145.09N/AN/A00481