MLN Options History — February 2026

In February 2026, MLN traded between $17.52 and $17.80. ATM implied volatility averaged 39.7%, placing in the 15.4% IV rank vs the trailing year. The 30-day expected move averaged 10.3%. IV traded above realized volatility by 36.4% (HV 20d: 3.3%). Net GEX was positive for 0 of 19 trading days. Term structure was in contango for 10 of 19 days.

Notable Days

  • 2026-02-11: Largest IV drop — 38.4% change
  • 2026-02-10: Highest IV Rank — 23.9%
  • 2026-02-04: Largest Expected Move — 12.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$17.63$17.52$17.80$17.52$17.80
ATM IV39.7%32.4%53.8%42.5%38.0%
Expected Move10.3%8.9%12.9%12.2%10.9%
HV 20d3.3%2.4%4.1%4.1%2.6%
HV 60d3.3%3.2%3.4%3.4%3.2%
IV Rank15.4%10.9%23.9%17.1%14.3%
IV Percentile48.3%17.1%86.9%59.9%49.2%
Term Structure-1.2%-13.3%8.0%-11.4%-8.7%
Skew 25d0.6%0.1%1.6%0.9%0.3%
Skew 10d3.6%2.4%4.7%3.6%3.6%
Call IV 25d46.5%40.3%57.3%54.1%51.6%
Put IV 25d47.1%40.5%57.6%55.0%51.9%
Bid-Ask Spread %154.49151.78156.92151.86154.70
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
2026-02-02$17.52$0.0042.5%12.2%4.1%17.1%0.0%0.9%-11.4%0000.00151.86N/AN/A0000
2026-02-03$17.52$0.0043.8%12.5%4.0%17.8%0.0%0.3%-12.3%0000.00151.79N/AN/A0000
2026-02-04$17.52$0.0045.1%12.9%4.0%18.7%0.0%0.4%-13.3%0000.00151.78N/AN/A0000
2026-02-05$17.54$0.0045.7%9.0%3.8%19.0%0.0%0.1%7.0%0000.00156.92N/AN/A0000
2026-02-06$17.55$0.0047.3%8.9%3.7%20.0%0.0%0.2%8.0%0000.00156.58N/AN/A0000
2026-02-09$17.56$0.0053.4%9.3%3.7%23.7%0.0%1.2%6.9%0000.00156.02N/AN/A0000
2026-02-10$17.59$0.0053.8%9.1%3.5%23.9%0.0%1.2%6.8%0000.00155.76N/AN/A0000
2026-02-11$17.55$0.0033.1%9.5%3.6%11.4%0.0%0.3%5.8%0000.00155.76N/AN/A0000
2026-02-12$17.63$0.0032.5%9.3%3.9%11.0%0.0%0.4%5.7%0000.00155.73N/AN/A0000
2026-02-13$17.66$0.0032.4%9.3%3.9%10.9%0.0%0.5%5.6%0000.00155.29N/AN/A0000
2026-02-17$17.68$0.0033.8%9.7%3.9%11.8%0.0%0.2%6.1%0000.00154.68N/AN/A0000
2026-02-18$17.64$0.0034.9%10.0%2.6%12.5%0.0%1.5%4.9%0000.00154.46N/AN/A0000
2026-02-19$17.66$0.0034.9%10.0%2.5%12.5%0.0%1.5%-7.0%0000.00154.31N/AN/A0000
2026-02-20$17.66$0.0034.9%10.0%2.4%12.5%0.0%1.6%4.5%0000.00154.68N/AN/A0000
2026-02-23$17.70$0.0035.5%10.2%2.5%12.9%0.0%0.3%-7.1%0000.00153.90N/AN/A0000
2026-02-24$17.73$0.0036.9%10.6%2.5%13.7%0.0%0.3%-7.5%0000.00153.90N/AN/A0000
2026-02-25$17.73$0.0037.0%10.6%2.5%13.8%0.0%0.3%-8.0%0000.00153.90N/AN/A0000
2026-02-26$17.77$0.0037.8%10.8%2.6%14.3%0.0%0.3%-8.3%0000.00153.37N/AN/A0000
2026-02-27$17.80$0.0038.0%10.9%2.6%14.3%0.0%0.3%-8.7%0000.00154.70N/AN/A0000