Merlin, Inc. (MRLN) Most Active Options

The 23 most actively traded Merlin, Inc. (MRLN) option contracts at the latest daily snapshot, ranked by volume. Each row shows the contract's price, implied volatility, delta, open interest, and how today's volume compares with its own 30-day average — click a contract to analyze it in the OptiView platform.

Data as of Jul 10, 2026, 8:00 PM ET · OPRA data 15 minutes delayed · For information only — not investment advice.

Last close
$4.61
52-week range
$4.41 – $6.75
ATM IV (30d)
120.3%
IV rank
69 / 100
Moderate
Expected move
±$0.77 (±16.7%)
Put/call OI
0.12
Call-heavy
Max pain
$5
↑ 8.6% above close
Next earnings
Nov 23, 2026

Most Active MRLN Contracts

ContractExpirationDTELastIV IV rank (30d)DeltaOpen interestVolumevs 30d avg
MRLN $10 call Jan 15, 2027 189d $0.35 104.9% 13 0.25 9,669 1,478 18.3× avg
MRLN $5 call Jan 15, 2027 189d $1.00 96.4% 84 0.58 4,719 136 4.3× avg
MRLN $7.5 call Sep 18, 2026 70d $0.34 133.1% 19 0.27 31 95 3.0× avg
MRLN $5 call Sep 18, 2026 70d $0.58 98.8% 36 0.48 167 75 2.8× avg
MRLN $12.5 call Jan 15, 2027 189d $0.25 106.5% 14 0.17 2,448 64 0.8× avg
MRLN $20 call Jul 17, 2026 7d $0.05 500.0% 100 0.03 1,312 50 7.9× avg
MRLN $10 call Aug 21, 2026 42d $0.20 175.8% 43 0.14 259 50 1.6× avg
MRLN $5 put Jan 15, 2027 189d $2.05 124.7% 65 -0.37 1,897 25 0.6× avg
MRLN $5 call Jul 17, 2026 7d $0.08 120.3% 0 0.25 359 16 1.0× avg
MRLN $5 call Oct 16, 2026 98d $0.68 96.7% 86 0.51 849 13 0.4× avg
MRLN $10 put Aug 21, 2026 42d $5.84 200.6% 32 -0.81 24 10 7.7× avg
MRLN $7.5 put Aug 21, 2026 42d $3.44 183.7% 24 -0.70 1,055 10 7.7× avg
MRLN $7.5 put Jul 17, 2026 7d $3.26 275.8% 55 -0.89 873 10 4.0× avg
MRLN $10 put Jul 17, 2026 7d $5.78 437.0% 87 -0.85 236 10 4.0× avg
MRLN $7.5 call Oct 16, 2026 98d $0.30 124.9% 29 0.31 404 8 0.1× avg
MRLN $7.5 call Jul 17, 2026 7d $0.02 247.1% 0 0.08 2,440 7 1.1× avg
MRLN $5 put Aug 21, 2026 42d $1.20 131.9% 18 -0.52 436 4 0.1× avg
MRLN $15 call Aug 21, 2026 42d $0.05 221.1% 68 0.10 714 4 0.1× avg
MRLN $17.5 call Jan 15, 2027 189d $0.30 145.3% 45 0.22 256 4 0.0× avg
MRLN $15 call Jan 15, 2027 189d $0.32 130.1% 33 0.21 4,900 2 0.0× avg
MRLN $10 call Nov 20, 2026 133d $0.35 122.5% 27 0.24 6 1 0.0× avg
MRLN $5 call Aug 21, 2026 42d $0.55 102.9% 55 0.43 103 1 0.0× avg
MRLN $5 call Dec 18, 2026 161d $1.00 96.1% 82 0.56 76 1 0.0× avg

Ranked by volume at the latest daily snapshot. "vs 30d avg" compares today's volume with the contract's own 30-day average.

The most active MRLN contract today is the $10 call expiring in 189 days, with 1,478 contracts traded. Calls dominate the most-active list (17 of the top 23), showing where trading interest concentrates. One of these contracts is running well ahead of the usual daily volume.

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MRLN Options FAQ

Which MRLN option contract is most active today?

The most traded MRLN contract is the $10 call expiring Jan 15, 2027, with 1,478 contracts traded as of Jul 10, 2026.

How does OptiView rank the most active MRLN options?

The table lists the 23 MRLN contracts with the highest volume at the latest daily snapshot, alongside price, implied volatility, delta, open interest, and each contract's volume versus its own 30-day average.

Methodology. IV rank compares the current 30-day at-the-money implied volatility with its highest and lowest values over the past 52 weeks. Max pain is the strike that minimizes the total payout to option holders at expiration. The call and put walls are the strikes carrying the largest call and put open interest across all expirations. Net gamma exposure (GEX) is measured from the dealer perspective. All statistics are derived from delayed OPRA options data.

Options trading involves significant risk, and losses can exceed your initial investment. Always consult a licensed financial professional before making investment decisions. OptiView does not provide financial advice; all figures on this page are descriptive statistics, not recommendations.