Merlin (MRLN) Options Chain

NASDAQ: MRLNTechnologyEDP ServicesUSD

1.25-0.11 (-8.09%)

At close: Oct 9, 4:00 PM ET · Delayed 15 min

Expiration date

Expiration: Jan 15, 2027
Days to expiration: 96
Share price: $1.25
Put/call ratio (OI): 0.08
Put/call ratio (volume): 1.07
ATM implied volatility: 114.5%
Expected move: ±$0.7337
Open interest (C / P): 58.89K / 4.71K

MRLN options summary

The MRLN options chain for the January 15, 2027 expiration lists 7 call and 7 put contracts, with 96 days until expiration. Open interest stands at 58,893 calls and 4,710 puts, a put/call ratio of 0.08, which is tilted bullish, with calls outnumbering puts. At-the-money implied volatility near the $2.50 strike is 114.5%, which implies the market expects a move of about ±$0.7337 (58.7%) in Merlin stock by expiration.

The most open interest sits at the $10.00 call (35.02K contracts) and the $2.50 put (2.33K contracts).

Summary generated from market data by MetaCap's automated system. Methodology

MRLN options chain · January 15, 2027

MRLN calls and puts by strike price. Shaded cells are in the money.
Calls							Puts
OI	Vol	IV	Last	Bid	Ask	Strike	Bid	Ask	Last	IV	Vol	OI
MRLN $1.25
3,772	45	178.9%	0.10	0.00	0.40	2.50	1.00	1.50	1.19	50.0%	10	2,326
9,859	113	148.4%	0.05	0.00	0.05	5.00	3.50	4.00	3.02	50.0%	150	2,097
3,625	3	201.6%	0.05	0.00	0.10	7.50	5.90	6.60	6.20	100.0%	4	213
35,021	5	196.9%	0.05	0.00	0.05	10.00	8.30	9.10	7.22	369.5%	4	16
2,083	1	386.7%	0.05	0.00	0.70	12.50	10.80	11.60	9.25	386.7%	20	46
4,211	1	400.8%	0.05	0.00	0.70	15.00	10.90	13.00	10.00	—	3	12
322	12	411.7%	0.07	0.00	0.70	17.50	13.30	16.00	12.05	—	1	0

In-the-money callsIn-the-money puts. IV = implied volatility, OI = open interest (contracts). Each contract covers 100 shares. Quotes delayed at least 15 minutes.

Frequently asked questions

What is the MRLN put/call ratio?

For the January 15, 2027 expiration, the MRLN put/call ratio based on open interest is 0.08 (4,710 puts vs 58,893 calls), and 1.07 based on today's volume. A ratio above 1 means more puts than calls.

What is MRLN's implied volatility?

At-the-money implied volatility for MRLN options expiring January 15, 2027 is about 114.5%, an annualized estimate of how much the market expects Merlin stock to move.

How many MRLN option expiration dates are there?

MRLN has 7 listed expiration dates, from Oct 16, 2026 to Jan 19, 2029.

What does "in the money" mean?

A call is in the money when the strike price is below the current share price; a put is in the money when the strike is above it. In-the-money contracts have intrinsic value and are shaded in the table.