MLN Options History — December 2025

In December 2025, MLN traded between $17.47 and $17.69. ATM implied volatility averaged 39.8%, placing in the 15.5% IV rank vs the trailing year. The 30-day expected move averaged 10.4%. IV traded above realized volatility by 36.8% (HV 20d: 3.0%). Net GEX was positive for 0 of 22 trading days. Term structure was in contango for 1 of 22 days.

Notable Days

  • 2025-12-10: Largest IV drop — 40.8% change
  • 2025-12-09: Highest IV Rank — 25.2%
  • 2025-12-03: Largest Expected Move — 13.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$17.55$17.47$17.69$17.51$17.54
ATM IV39.8%25.5%55.9%40.9%25.5%
Expected Move10.4%7.3%13.0%11.7%7.3%
HV 20d3.0%2.5%3.8%3.8%2.8%
HV 60d3.1%2.9%3.8%3.8%3.1%
IV Rank15.5%6.8%25.2%16.1%6.8%
IV Percentile44.4%3.6%87.3%46.0%3.6%
Term Structure-8.2%-16.1%22.0%-13.0%22.0%
Skew 25d4.2%-20.9%40.0%1.0%11.9%
Skew 10d2.0%-12.1%11.7%3.5%3.2%
Call IV 25d39.3%9.9%55.6%51.7%41.8%
Put IV 25d43.4%15.8%55.9%52.7%53.7%
Bid-Ask Spread %152.75149.53156.52150.13150.35
Net GEX00000
Net DEX00000
Net VEX00000
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume00000
Total OI00000

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-12-01$17.51$0.0040.9%11.7%3.8%16.1%0.0%1.0%-13.0%0000.00150.13N/AN/A0000
2025-12-02$17.47$0.0045.0%12.9%3.5%18.6%0.0%0.9%-15.1%0000.00150.50N/AN/A0000
2025-12-03$17.48$0.0045.5%13.0%3.3%18.9%0.0%0.4%-16.1%0000.00150.55N/AN/A0000
2025-12-04$17.48$0.0047.9%9.4%3.1%20.3%0.0%-20.9%-6.0%0000.00151.49N/AN/A0000
2025-12-05$17.49$0.0049.5%9.5%2.9%21.3%0.0%0.1%-6.2%0000.00156.52N/AN/A0000
2025-12-08$17.51$0.0053.3%9.2%2.9%23.6%0.0%0.2%-6.5%0000.00156.03N/AN/A0000
2025-12-09$17.51$0.0055.9%9.4%2.9%25.2%0.0%1.2%-6.8%0000.00155.86N/AN/A0000
2025-12-10$17.52$0.0033.1%9.5%2.6%11.4%0.0%9.0%-7.7%0000.00151.34N/AN/A0000
2025-12-11$17.52$0.0033.0%9.5%2.5%11.3%0.0%0.3%-8.0%0000.00155.56N/AN/A0000
2025-12-12$17.48$0.0034.4%9.9%2.5%12.2%0.0%0.3%-7.7%0000.00155.14N/AN/A0000
2025-12-15$17.48$0.0036.6%10.5%2.5%13.5%0.0%0.3%-9.5%0000.00154.32N/AN/A0000
2025-12-16$17.48$0.0036.0%10.3%2.5%13.1%0.0%0.1%-10.0%0000.00155.02N/AN/A0000
2025-12-17$17.56$0.0034.9%10.0%3.1%12.5%0.0%1.5%-10.4%0000.00153.29N/AN/A0000
2025-12-18$17.59$0.0034.8%10.0%3.1%12.5%0.0%12.1%-8.0%0000.00149.84N/AN/A0000
2025-12-19$17.63$0.0035.5%10.2%3.1%12.8%0.0%14.5%-8.3%0000.00149.53N/AN/A0000
2025-12-22$17.64$0.0036.2%10.4%3.0%13.3%0.0%0.8%-8.3%0000.00152.99N/AN/A0000
2025-12-23$17.69$0.0036.9%10.6%3.2%13.7%0.0%17.1%-8.6%0000.00152.90N/AN/A0000
2025-12-24$17.66$0.0037.6%10.8%3.2%14.1%0.0%0.3%-9.2%0000.00153.65N/AN/A0000
2025-12-26$17.63$0.0038.7%11.1%3.2%14.8%0.0%0.3%-10.6%0000.00152.71N/AN/A0000
2025-12-29$17.59$0.0041.8%12.0%3.0%16.6%0.0%40.0%-12.2%0000.00150.29N/AN/A0000
2025-12-30$17.56$0.0043.0%12.3%2.9%17.4%0.0%0.3%-13.3%0000.00152.47N/AN/A0000
2025-12-31$17.54$0.0025.5%7.3%2.8%6.8%0.0%11.9%22.0%0000.00150.35N/AN/A0000