MLN Options History — November 2025

In November 2025, MLN traded between $17.55 and $17.70. ATM implied volatility averaged 37.0%, placing in the 13.8% IV rank vs the trailing year. The 30-day expected move averaged 9.5%. IV traded above realized volatility by 33.6% (HV 20d: 3.4%). Net GEX was positive for 0 of 19 trading days. Term structure was in contango for 0 of 19 days.

Notable Days

  • 2025-11-12: Largest IV drop — 42.4% change
  • 2025-11-11: Highest IV Rank — 22.0%
  • 2025-11-05: Largest Expected Move — 12.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$17.61$17.55$17.70$17.62$17.56
ATM IV37.0%29.2%50.7%39.4%37.8%
Expected Move9.5%7.9%12.0%11.3%10.8%
HV 20d3.4%3.0%3.7%3.0%3.7%
HV 60d4.4%4.2%4.5%4.4%4.2%
IV Rank13.8%9.1%22.0%15.2%14.2%
IV Percentile32.2%5.2%76.6%38.5%36.9%
Term Structure-7.6%-14.3%-3.6%-12.3%-10.5%
Skew 25d3.6%-16.7%22.3%0.4%22.3%
Skew 10d2.4%-12.2%13.7%3.6%4.1%
Call IV 25d37.1%9.0%53.3%51.4%26.9%
Put IV 25d40.7%22.4%57.0%51.8%49.2%
Bid-Ask Spread %150.76146.57152.72150.62150.25
Net GEX00000
Net DEX00000
Net VEX00000
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume00000
Total OI00000

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-11-03$17.62$0.0039.4%11.3%3.0%15.2%0.0%0.4%-12.3%0000.00150.62N/AN/A0000
2025-11-04$17.66$0.0040.5%11.6%3.1%15.9%0.0%0.4%-12.9%0000.00149.92N/AN/A0000
2025-11-05$17.59$0.0041.7%12.0%3.5%16.6%0.0%3.7%-14.3%0000.00149.90N/AN/A0000
2025-11-06$17.64$0.0042.3%8.1%3.6%16.9%0.0%0.4%-4.5%0000.00152.72N/AN/A0000
2025-11-07$17.63$0.0044.6%7.9%3.4%18.4%0.0%0.5%-3.6%0000.00152.56N/AN/A0000
2025-11-10$17.64$0.0049.3%8.3%3.3%21.2%0.0%13.4%-5.0%0000.00147.45N/AN/A0000
2025-11-11$17.70$0.0050.7%8.3%3.5%22.0%0.0%0.7%-4.2%0000.00152.24N/AN/A0000
2025-11-12$17.66$0.0029.2%8.4%3.6%9.1%0.0%0.7%-5.3%0000.00152.49N/AN/A0000
2025-11-13$17.63$0.0029.6%8.5%3.4%9.3%0.0%0.7%-5.6%0000.00152.20N/AN/A0000
2025-11-14$17.61$0.0030.0%8.6%3.4%9.5%0.0%0.6%-5.9%0000.00152.02N/AN/A0000
2025-11-17$17.62$0.0031.4%9.0%3.4%10.4%0.0%15.8%-5.5%0000.00152.31N/AN/A0000
2025-11-18$17.62$0.0030.7%8.8%3.4%9.9%0.0%-16.7%-5.8%0000.00146.82N/AN/A0000
2025-11-19$17.62$0.0031.2%8.9%3.4%10.2%0.0%0.8%-6.1%0000.00151.60N/AN/A0000
2025-11-20$17.57$0.0032.9%9.4%3.5%11.3%0.0%0.8%-7.5%0000.00151.47N/AN/A0000
2025-11-21$17.55$0.0033.5%9.6%3.4%11.6%0.0%0.4%-7.9%0000.00151.47N/AN/A0000
2025-11-24$17.56$0.0035.5%10.2%3.4%12.8%0.0%9.0%-9.1%0000.00146.57N/AN/A0000
2025-11-25$17.57$0.0036.2%10.4%3.4%13.3%0.0%14.0%-9.5%0000.00151.42N/AN/A0000
2025-11-26$17.62$0.0036.3%10.4%3.5%13.3%0.0%1.0%-8.4%0000.00150.39N/AN/A0000
2025-11-28$17.56$0.0037.8%10.8%3.7%14.2%0.0%22.3%-10.5%0000.00150.25N/AN/A0000