MLN Options History — May 2024

In May 2024, MLN traded between $17.62 and $18.02. ATM implied volatility averaged 56.9%, placing in the 23.3% IV rank vs the trailing year. The 30-day expected move averaged 12.7%. IV traded above realized volatility by 52.5% (HV 20d: 4.4%). Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 0 of 22 days.

Notable Days

  • 2024-05-15: Largest IV drop — 62.1% change
  • 2024-05-14: Highest IV Rank — 44.2%
  • 2024-05-01: Largest Expected Move — 17.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$17.83$17.62$18.02$17.68$17.69
ATM IV56.9%37.9%99.9%62.1%55.0%
Expected Move12.7%10.0%17.8%17.8%15.8%
HV 20d4.4%3.5%6.1%6.1%4.4%
HV 60d5.1%4.9%5.6%5.5%5.0%
IV Rank23.3%14.1%44.2%25.8%22.4%
IV Percentile74.0%42.9%98.4%88.1%79.4%
Term Structure-12.3%-31.3%-4.3%-24.0%-15.9%
Skew 25d-19.3%-53.8%20.5%-53.8%-49.8%
Skew 10d-1.9%-55.6%9.7%1.3%6.8%
Call IV 25d59.0%47.4%79.1%79.1%69.4%
Put IV 25d39.7%16.6%79.4%25.2%19.6%
Bid-Ask Spread %167.69162.05170.65164.31168.06
Gamma HHI1.001.001.001.001.00
Net GEX4440654143
Net DEX-1.2K-1.3K-1.1K-1.1K-1.1K
Net VEX-3-3-2-3-2
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume00000
Total OI11111

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-05-01$17.68$0.0062.1%17.8%6.1%25.8%0.0%-53.8%-24.0%41-1.1K-30.00164.31N/AN/A0010
2024-05-02$17.73$0.0051.9%14.9%6.1%20.9%0.0%20.5%-4.3%40-1.1K-30.00163.60N/AN/A0010
2024-05-03$17.80$0.0053.6%15.4%5.8%21.7%0.0%-38.7%-24.5%40-1.2K-30.00162.05N/AN/A0010
2024-05-06$17.82$0.0058.4%10.6%5.8%24.1%0.0%-27.8%-5.9%41-1.2K-30.00167.57N/AN/A0010
2024-05-07$17.91$0.0060.1%10.0%5.9%24.9%0.0%-14.4%-5.1%41-1.2K-30.00165.55N/AN/A0010
2024-05-08$17.94$0.0062.2%10.1%4.0%25.9%0.0%-15.5%-6.2%41-1.2K-30.00166.02N/AN/A0010
2024-05-09$17.95$0.0075.4%10.2%4.0%32.3%0.0%-15.8%-6.4%41-1.2K-30.00165.76N/AN/A0010
2024-05-10$17.91$0.0084.5%10.2%3.9%36.7%0.0%0.0%-5.7%42-1.2K-30.00170.43N/AN/A0010
2024-05-13$17.93$0.0093.3%10.6%3.8%41.0%0.0%0.0%-6.3%42-1.2K-30.00170.65N/AN/A0010
2024-05-14$17.95$0.0099.9%10.7%3.5%44.2%0.0%-27.0%-6.5%41-1.2K-30.00167.27N/AN/A0010
2024-05-15$18.02$0.0037.9%10.9%3.5%14.1%0.0%0.1%-26.9%46-1.3K-30.00170.22N/AN/A0010
2024-05-16$17.98$0.0038.5%11.0%3.6%14.4%0.0%0.1%-8.1%42-1.2K-30.00170.22N/AN/A0010
2024-05-17$17.91$0.0039.1%11.2%3.9%14.7%0.0%0.1%-8.3%43-1.2K-30.00170.02N/AN/A0010
2024-05-20$17.88$0.0042.1%12.1%4.0%16.1%0.0%-33.4%-9.2%43-1.2K-30.00168.83N/AN/A0010
2024-05-21$17.86$0.0042.7%12.3%4.0%16.5%0.0%-34.8%-9.6%43-1.2K-30.00168.83N/AN/A0010
2024-05-22$17.79$0.0044.7%12.8%4.2%17.4%0.0%-37.3%-31.3%49-1.2K-30.00167.44N/AN/A0010
2024-05-23$17.73$0.0045.6%13.1%4.2%17.8%0.0%0.2%-10.6%44-1.1K-30.00167.29N/AN/A0010
2024-05-24$17.73$0.0047.0%13.5%4.1%18.5%0.0%0.3%-11.1%54-1.2K-30.00168.74N/AN/A0010
2024-05-28$17.69$0.0050.8%14.6%4.2%20.4%0.0%-46.9%-13.6%43-1.1K-30.00168.74N/AN/A0010
2024-05-29$17.62$0.0052.6%15.1%4.4%21.3%0.0%0.1%-14.6%65-1.2K-20.00169.27N/AN/A0010
2024-05-30$17.64$0.0054.5%15.6%4.4%22.2%0.0%-51.6%-15.3%43-1.1K-20.00168.41N/AN/A0010
2024-05-31$17.69$0.0055.0%15.8%4.4%22.4%0.0%-49.8%-15.9%43-1.1K-20.00168.06N/AN/A0010