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 21, 2028
Days to expiration: 468
Share price: $1.25
Put/call ratio (OI): 0.26
Put/call ratio (volume): 0.70
ATM implied volatility: 117.0%
Expected move: ±$1.66
Open interest (C / P): 3.18K / 833

MRLN options summary

The MRLN options chain for the January 21, 2028 expiration lists 3 call and 3 put contracts, with 468 days until expiration. Open interest stands at 3,176 calls and 833 puts, a put/call ratio of 0.26, which is tilted bullish, with calls outnumbering puts. At-the-money implied volatility near the $2.50 strike is 117.0%, which implies the market expects a move of about ±$1.66 (132.5%) in Merlin stock by expiration.

The most open interest sits at the $2.50 call (2.92K contracts) and the $2.50 put (809 contracts).

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

MRLN options chain · January 21, 2028

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
2,915	31	116.8%	0.45	0.35	0.45	2.50	1.15	2.15	1.30	117.2%	11	809
213	1	162.9%	0.58	0.10	0.85	5.00	3.40	4.40	3.58	103.1%	11	22
48	1	179.3%	0.30	0.00	0.95	7.50	5.90	6.90	5.82	118.8%	1	2

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 21, 2028 expiration, the MRLN put/call ratio based on open interest is 0.26 (833 puts vs 3,176 calls), and 0.70 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 21, 2028 is about 117.0%, 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.