MLN Options History — October 2025

In October 2025, MLN traded between $17.45 and $17.76. ATM implied volatility averaged 41.8%, placing in the 16.6% IV rank vs the trailing year. The 30-day expected move averaged 9.8%. IV traded above realized volatility by 38.9% (HV 20d: 2.8%). Max pain ranged from $18.00 to $18.00. Net GEX was positive for 12 of 23 trading days. Term structure was in contango for 0 of 23 days.

Notable Days

  • 2025-10-24: Largest IV spike — 84.4% change
  • 2025-10-14: Highest IV Rank — 30.4%
  • 2025-10-24: Largest Expected Move — 16.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$17.63$17.45$17.76$17.45$17.71
Max Pain$18.00$18.00$18.00$18.00$18.00
ATM IV41.8%29.2%64.5%46.5%35.8%
Expected Move9.8%8.2%16.8%13.3%10.2%
HV 20d2.8%2.0%5.5%5.5%2.2%
HV 60d4.8%4.2%5.3%5.3%4.2%
IV Rank16.6%9.0%30.4%19.5%13.0%
IV Percentile43.7%6.3%94.4%62.7%27.8%
Term Structure-9.3%-19.3%-5.9%-17.7%-11.1%
Skew 25d3.9%0.3%33.0%9.3%1.3%
Skew 10d2.8%-9.7%19.0%3.9%3.3%
Call IV 25d39.0%9.9%82.1%44.6%47.4%
Put IV 25d42.9%17.3%82.9%54.0%48.7%
Bid-Ask Spread %151.37146.77158.00150.50150.56
Gamma HHI1.001.001.001.001.00
Net GEX17.5K037.0K30.9K0
Net DEX-154.9K-323.3K0-288.4K0
Net VEX-212-5910-5910
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume00000
Total OI237.95704214210

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-10-01$17.45$18.0046.5%13.3%5.5%19.5%0.0%9.3%-17.7%30.9K-288.4K-5910.00150.50N/AN/A004210
2025-10-02$17.45$18.0046.2%13.2%5.5%19.3%0.0%9.5%-18.1%31.4K-285.9K-5720.00150.02N/AN/A004210
2025-10-03$17.47$18.0047.7%13.7%4.5%20.2%0.0%9.4%-19.3%31.7K-289.2K-5520.00150.22N/AN/A004210
2025-10-06$17.48$0.0053.8%8.5%3.5%23.9%0.0%1.3%-7.1%32.0K-289.0K-4890.00152.58N/AN/A004210
2025-10-07$17.48$0.0056.4%8.4%3.5%25.5%0.0%0.3%-7.3%32.5K-286.9K-4670.00152.10N/AN/A004210
2025-10-08$17.48$0.0059.5%8.5%2.9%27.3%0.0%6.1%-6.8%32.6K-286.1K-4430.00146.77N/AN/A004210
2025-10-09$17.51$0.0041.6%8.2%2.2%16.5%0.0%1.1%-7.1%33.0K-291.2K-4170.00152.77N/AN/A004210
2025-10-10$17.56$0.0043.4%8.2%2.4%17.6%0.0%9.8%-7.1%34.2K-298.8K-4030.00147.36N/AN/A004210
2025-10-13$17.61$0.0057.6%8.5%2.5%26.2%0.0%0.5%-7.7%34.9K-307.2K-3050.00152.23N/AN/A004210
2025-10-14$17.62$0.0064.5%8.4%2.5%30.4%0.0%0.5%-7.2%35.4K-307.7K-2640.00152.50N/AN/A004210
2025-10-15$17.64$0.0029.2%8.4%2.4%9.0%0.0%0.6%-7.4%37.0K-308.1K-2160.00151.92N/AN/A004210
2025-10-16$17.70$0.0029.6%8.5%2.6%9.3%0.0%0.7%-5.9%36.5K-323.3K-1530.00152.11N/AN/A004210
2025-10-17$17.71$0.0029.4%8.4%2.5%9.2%0.0%0.8%-6.1%0000.00151.56N/AN/A004210
2025-10-20$17.73$0.0030.2%8.7%2.5%9.6%0.0%0.3%-6.8%0000.00152.41N/AN/A0000
2025-10-21$17.73$0.0030.7%8.8%2.5%9.9%0.0%0.3%-7.1%0000.00151.01N/AN/A0000
2025-10-22$17.73$0.0031.8%9.1%2.4%10.6%0.0%0.3%-7.4%0000.00152.41N/AN/A0000
2025-10-23$17.71$0.0031.7%9.1%2.4%10.6%0.0%0.4%-6.6%0000.00151.86N/AN/A0000
2025-10-24$17.74$0.0058.5%16.8%2.3%26.7%0.0%0.8%-13.7%0000.00158.00N/AN/A0000
2025-10-27$17.76$0.0033.4%9.6%2.0%11.6%0.0%0.4%-7.8%0000.00151.61N/AN/A0000
2025-10-28$17.74$0.0033.5%9.6%2.1%11.6%0.0%33.0%-9.3%0000.00149.48N/AN/A0000
2025-10-29$17.70$0.0034.9%10.0%2.2%12.5%0.0%1.1%-10.0%0000.00151.34N/AN/A0000
2025-10-30$17.71$0.0034.9%10.0%2.2%12.5%0.0%1.3%-9.0%0000.00150.18N/AN/A0000
2025-10-31$17.71$0.0035.8%10.2%2.2%13.0%0.0%1.3%-11.1%0000.00150.56N/AN/A0000