MLN Options History — March 2024

In March 2024, MLN traded between $18.01 and $18.11. ATM implied volatility averaged 39.4%, placing in the 14.9% IV rank vs the trailing year. The 30-day expected move averaged 11.3%. IV traded above realized volatility by 35.0% (HV 20d: 4.5%). Max pain ranged from $17.00 to $18.00. Net GEX was positive for 14 of 20 trading days. Term structure was in contango for 3 of 20 days. Put/call ratio averaged 0.00.

Notable Days

  • 2024-03-14: Highest Volume — 3 contracts
  • 2024-03-05: Largest IV spike — 77.3% change
  • 2024-03-12: Highest IV Rank — 30.1%
  • 2024-03-28: Largest Expected Move — 13.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$18.06$18.01$18.11$18.07$18.01
Max Pain$17.05$17.00$18.00$18.00$17.00
ATM IV39.4%16.0%70.8%34.6%47.0%
Expected Move11.3%8.1%13.5%9.9%13.5%
HV 20d4.5%2.9%7.7%7.7%2.9%
HV 60d6.0%5.7%6.4%6.4%5.7%
IV Rank14.9%3.5%30.1%12.5%18.5%
IV Percentile55.2%5.2%91.3%43.3%76.2%
Term Structure-8.1%-18.0%23.5%23.5%-13.0%
Skew 25d-18.2%-51.8%2.1%-51.8%-50.8%
Skew 10d-26.0%-63.3%7.1%-63.3%-8.9%
Call IV 25d55.8%46.2%71.5%71.5%63.9%
Put IV 25d37.6%10.4%62.1%19.7%13.1%
Bid-Ask Spread %142.80135.69148.62135.69142.36
Gamma HHI0.710.610.950.750.61
Net GEX1.8K-2108.0K2.0K-205
Net DEX-49.1K-60.7K-26.7K-57.5K-28.6K
Net VEX-117-175-85-112-147
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume0.20300
Total OI62.446944994

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-03-01$18.07$18.0034.6%9.9%7.7%12.5%0.0%-51.8%23.5%2.0K-57.5K-1120.00135.69N/AN/A00481
2024-03-04$18.04$17.0016.0%10.2%6.9%3.5%0.0%-35.8%-11.0%2.6K-58.6K-1040.00139.80N/AN/A00481
2024-03-05$18.06$17.0028.3%10.8%6.0%9.5%0.0%-21.0%-14.7%2.2K-57.7K-1070.00141.39N/AN/A00481
2024-03-06$18.04$17.0028.8%10.2%5.7%9.7%0.0%-0.1%-10.7%2.1K-56.9K-1060.00147.53N/AN/A10481
2024-03-07$18.07$17.0031.7%10.2%5.8%11.1%0.0%0.0%-15.0%2.2K-58.7K-1080.00148.62N/AN/A00491
2024-03-08$18.09$17.0033.8%11.1%5.8%12.1%0.0%0.2%-15.3%2.3K-59.7K-1030.00146.22N/AN/A00491
2024-03-11$18.09$17.0042.9%11.3%5.7%16.5%0.0%-19.9%-17.1%2.4K-59.7K-990.00140.00N/AN/A00491
2024-03-12$18.07$17.0070.8%8.1%5.6%30.1%0.0%-25.1%6.3%2.5K-60.7K-970.00142.65N/AN/A00491
2024-03-13$18.09$17.0040.6%11.6%3.7%15.4%0.0%-20.5%-18.0%2.2K-59.6K-960.00143.33N/AN/A00491
2024-03-14$18.02$17.0038.4%11.0%3.7%14.4%0.0%0.1%-7.1%2.2K-57.6K-970.00147.53N/AN/A30491
2024-03-15$18.05$17.0038.9%11.2%3.5%14.6%0.0%0.2%-7.3%8.0K-60.4K-950.00144.07N/AN/A00491
2024-03-18$18.06$17.0040.7%11.7%3.3%15.5%0.0%0.3%-9.2%1.8K-54.6K-910.00139.41N/AN/A00451
2024-03-19$18.07$17.0042.5%12.2%3.3%16.4%0.0%0.3%-12.3%1.8K-54.6K-890.00139.43N/AN/A00451
2024-03-20$18.06$17.0029.8%8.5%3.3%10.2%0.0%2.1%15.3%2.0K-55.6K-850.00144.07N/AN/A00451
2024-03-21$18.05$17.0042.1%12.1%3.3%16.2%0.0%1.7%-10.5%-175-26.7K-1750.00139.39N/AN/A004549
2024-03-22$18.11$17.0044.7%12.8%3.0%17.4%0.0%1.6%-10.9%-166-27.1K-1720.00147.28N/AN/A004549
2024-03-25$18.05$17.0044.7%12.8%3.3%17.4%0.0%-47.6%-11.3%-207-29.8K-1570.00142.35N/AN/A004549
2024-03-26$18.02$17.0045.7%13.1%3.4%17.9%0.0%-48.6%-12.0%-210-29.1K-1540.00142.35N/AN/A004549
2024-03-27$18.02$17.0046.7%13.4%3.2%18.4%0.0%-49.6%-12.2%-208-29.1K-1510.00142.59N/AN/A004549
2024-03-28$18.01$17.0047.0%13.5%2.9%18.5%0.0%-50.8%-13.0%-205-28.6K-1470.00142.36N/AN/A004549