MLM (MLM) options memo

The Read

The Read is generated on demand from the live tape.

Key numbers

• Spot: $533.11
• Lean: neutral
• Nearest expiry: Fri 9/18
• Implied move: 1.4%
• ATM implied volatility: 27.7%
• Max pain: $520.00
• Pin strike: $560.00
• Gamma flip: $554.12
• Dealer positioning: SHORT GAMMA
• Call wall: $560.00
• Put wall: $500.00
• Put/call open interest: 0.544