MLN Options History — January 2025

In January 2025, MLN traded between $17.52 and $17.86. ATM implied volatility averaged 60.2%, placing in the 39.2% IV rank vs the trailing year. The 30-day expected move averaged 13.2%. IV traded above realized volatility by 54.0% (HV 20d: 6.2%). Max pain ranged from $17.00 to $21.00. Net GEX was positive for 17 of 20 trading days. Term structure was in contango for 1 of 20 days. Put/call ratio averaged 0.00.

Notable Days

  • 2025-01-17: Highest Volume — 429 contracts
  • 2025-01-21: Largest IV spike — 79.9% change
  • 2025-01-13: Highest IV Rank — 95.1%
  • 2025-01-03: Largest Expected Move — 17.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$17.72$17.52$17.86$17.86$17.77
Max Pain$20.60$17.00$21.00$17.00$21.00
ATM IV60.2%24.8%126.0%60.4%53.4%
Expected Move13.2%7.1%17.9%17.3%15.3%
HV 20d6.2%5.2%7.2%6.6%5.5%
HV 60d7.5%7.3%7.7%7.5%7.4%
IV Rank39.2%7.7%95.1%42.0%32.4%
IV Percentile67.7%2.4%99.6%87.3%73.0%
Term Structure-9.7%-24.0%44.8%-22.1%-14.4%
Skew 25d-14.2%-43.2%9.0%-15.0%1.1%
Skew 10d-12.3%-44.7%9.0%9.0%-0.8%
Call IV 25d55.2%24.2%69.3%56.2%69.3%
Put IV 25d41.0%11.8%70.4%41.2%70.4%
Bid-Ask Spread %163.24125.66170.23155.55169.32
Gamma HHI0.700.391.000.391.00
Net GEX3.9K-8288.7K4.5K8.6K
Net DEX-33.1K-90.8K14.7K-35.4K-83.5K
Net VEX-376-588-16-588-392
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume31.80429190
Total OI395164537481315

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-01-02$17.86$17.0060.4%17.3%6.6%42.0%0.0%-15.0%-22.1%4.5K-35.4K-5880.00155.55N/AN/A019356125
2025-01-03$17.83$17.0062.6%17.9%6.5%43.7%0.0%-37.2%-24.0%2.7K-9.0K-5590.00154.30N/AN/A00356144
2025-01-06$17.84$21.0070.6%10.4%6.5%50.2%0.0%-34.4%-8.8%2.5K-8.0K-5050.00162.11N/AN/A00356144
2025-01-07$17.80$21.0050.7%10.9%6.4%34.0%0.0%-34.9%-9.2%-5083.0K-4480.00161.95N/AN/A00356144
2025-01-08$17.70$21.0066.9%11.2%6.6%47.3%0.0%4.2%-9.5%854-5.3K-4890.00169.81N/AN/A00356144
2025-01-10$17.59$21.0095.2%11.6%6.8%70.2%0.0%1.4%-10.2%2.2K-4.4K-4750.00170.23N/AN/A00356144
2025-01-13$17.54$21.00126.0%12.1%6.7%95.1%0.0%0.0%-11.4%1.7K2.9K-4100.00169.32N/AN/A00356144
2025-01-14$17.52$21.00115.8%12.4%6.7%86.3%0.0%0.1%-11.9%-79714.7K-3600.00170.18N/AN/A00356144
2025-01-15$17.64$21.0043.2%12.4%7.2%23.5%0.0%2.1%-12.5%1.2K-645-3480.00170.09N/AN/A00356144
2025-01-16$17.66$21.0043.2%12.4%7.1%23.5%0.0%2.5%44.8%-8284.1K-2980.00169.95N/AN/A370356144
2025-01-17$17.71$21.0024.8%7.1%6.5%7.7%0.0%9.0%-8.6%817-2.0K-160.00125.66N/AN/A4290393144
2025-01-21$17.73$21.0044.7%12.8%6.3%24.8%0.0%-10.3%-10.0%4.3K-36.8K-1690.00163.14N/AN/A001640
2025-01-22$17.73$21.0046.0%13.2%5.3%26.0%0.0%-38.8%-10.4%4.4K-41.3K-1870.00163.36N/AN/A001640
2025-01-23$17.63$21.0046.9%13.4%5.2%26.7%0.0%-43.2%-11.3%4.2K-38.0K-1840.00160.84N/AN/A15101640
2025-01-24$17.68$21.0048.3%13.8%5.2%28.0%0.0%1.4%-11.2%8.5K-90.8K-4630.00169.77N/AN/A003150
2025-01-27$17.79$21.0050.3%14.4%5.7%29.7%0.0%3.5%-13.7%8.7K-86.5K-4190.00167.02N/AN/A003150
2025-01-28$17.77$21.0051.4%14.7%5.6%30.6%0.0%-40.7%-13.5%8.7K-85.1K-4190.00163.27N/AN/A003150
2025-01-29$17.77$21.0051.8%14.8%5.5%31.0%0.0%-41.4%-12.8%8.5K-77.0K-3870.00160.25N/AN/A003150
2025-01-30$17.79$21.0052.2%15.0%5.5%31.3%0.0%-12.6%-14.4%8.7K-83.5K-3990.00168.59N/AN/A003150
2025-01-31$17.77$21.0053.4%15.3%5.5%32.4%0.0%1.1%-14.4%8.6K-83.5K-3920.00169.32N/AN/A003150