MLN Options History — January 2026

In January 2026, MLN traded between $17.41 and $17.63. ATM implied volatility averaged 47.9%, placing in the 20.3% IV rank vs the trailing year. The 30-day expected move averaged 10.1%. IV traded above realized volatility by 44.2% (HV 20d: 3.6%). Net GEX was positive for 0 of 20 trading days. Term structure was in contango for 0 of 20 days.

Notable Days

  • 2026-01-14: Largest IV drop — 66.1% change
  • 2026-01-13: Highest IV Rank — 49.5%
  • 2026-01-02: Largest Expected Move — 13.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$17.55$17.41$17.63$17.56$17.55
ATM IV47.9%32.3%96.1%47.3%40.9%
Expected Move10.1%8.5%13.6%13.6%11.7%
HV 20d3.6%2.8%4.3%2.8%4.0%
HV 60d3.3%3.1%3.6%3.1%3.4%
IV Rank20.3%10.9%49.5%20.0%16.1%
IV Percentile58.7%17.1%98.4%73.0%54.0%
Term Structure-7.2%-17.8%-4.1%-17.8%-10.9%
Skew 25d1.9%-11.5%36.6%0.4%0.3%
Skew 10d2.0%-33.6%19.4%4.2%3.2%
Call IV 25d43.0%12.4%61.0%61.0%52.3%
Put IV 25d44.9%27.1%61.4%61.4%52.5%
Bid-Ask Spread %154.45150.56157.32152.41152.81
Net GEX00000
Net DEX00000
Net VEX00000
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume00000
Total OI00000

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2026-01-02$17.56$0.0047.3%13.6%2.8%20.0%0.0%0.4%-17.8%0000.00152.41N/AN/A0000
2026-01-05$17.59$0.0052.4%8.5%2.9%23.0%0.0%-11.5%-4.1%0000.00157.16N/AN/A0000
2026-01-06$17.57$0.0056.0%8.8%2.9%25.2%0.0%0.1%-5.0%0000.00157.32N/AN/A0000
2026-01-07$17.63$0.0055.6%8.7%3.1%25.0%0.0%0.3%-5.1%0000.00156.37N/AN/A0000
2026-01-08$17.59$0.0060.2%8.7%3.2%27.8%0.0%0.3%-4.4%0000.00156.56N/AN/A0000
2026-01-09$17.62$0.0064.3%8.8%3.3%30.3%0.0%0.3%-4.5%0000.00156.57N/AN/A0000
2026-01-12$17.55$0.0083.3%8.9%3.6%41.7%0.0%1.2%-5.5%0000.00155.86N/AN/A0000
2026-01-13$17.55$0.0096.1%9.2%3.5%49.5%0.0%1.2%-6.5%0000.00156.54N/AN/A0000
2026-01-14$17.57$0.0032.6%9.3%3.5%11.1%0.0%0.3%-6.7%0000.00155.66N/AN/A0000
2026-01-15$17.57$0.0032.4%9.3%3.5%11.0%0.0%0.4%-5.5%0000.00153.54N/AN/A0000
2026-01-16$17.55$0.0032.3%9.3%3.2%10.9%0.0%0.4%-4.6%0000.00154.85N/AN/A0000
2026-01-20$17.41$0.0035.5%10.2%4.2%12.9%0.0%0.2%-6.1%0000.00153.50N/AN/A0000
2026-01-21$17.46$0.0036.6%10.5%4.2%13.5%0.0%4.1%-6.2%0000.00151.93N/AN/A0000
2026-01-22$17.49$0.0037.2%10.7%4.3%13.9%0.0%1.5%-6.8%0000.00154.32N/AN/A0000
2026-01-23$17.52$0.0036.7%10.5%4.2%13.6%0.0%0.5%-7.8%0000.00153.85N/AN/A0000
2026-01-26$17.52$0.0038.2%10.9%4.2%14.5%0.0%0.6%-7.8%0000.00152.81N/AN/A0000
2026-01-27$17.54$0.0039.0%11.2%4.2%14.9%0.0%36.6%-9.1%0000.00150.56N/AN/A0000
2026-01-28$17.54$0.0039.8%11.4%4.1%15.4%0.0%0.3%-9.7%0000.00153.51N/AN/A0000
2026-01-29$17.55$0.0040.7%11.7%4.1%16.0%0.0%0.3%-10.2%0000.00152.80N/AN/A0000
2026-01-30$17.55$0.0040.9%11.7%4.0%16.1%0.0%0.3%-10.9%0000.00152.81N/AN/A0000