Miller Industries Stock Options

MLR Stock  USD 42.76  1.65  3.72%   
Miller Industries' latest option contracts expiring on June 20th 2025 are carrying combined implied volatility of 0.83 with a put-to-call open interest ratio of 0.28 over 22 outstanding agreements suggesting investors are buying way more calls than puts on contracts expiring on June 20th 2025.

Open Interest Against June 20th 2025 Option Contracts

The chart above shows Miller Industries' distribution of open interest by maturity on contracts that have not yet been settled. The area between the two highest points is the projection of the price at expiration. Miller Industries' open interest chart also provides vital information regarding the liquidity of an option. If there is no open interest for Miller Industries' option, there is no secondary market available for investors to trade.

In The Money vs. Out of Money Option Contracts on Miller Industries

Analyzing Miller Industries' in-the-money options over time can help investors to take a profitable long position in Miller Industries regardless of its overall volatility. This is especially true when Miller Industries' options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money Miller Industries' options could be used as guardians of the underlying stock as they move almost dollar for dollar with Miller Industries' stock while costing only a fraction of its price.

Miller Current Options Market Mood

Miller Industries' open interest and total value indicators provide investors with the necessary information to digest the overall options buildup for its expiring contracts. In addition, it helps Miller Stock's traders understand whether a recent fall or rise in the market is unreasonable and if the time has come to take contrarian positions. These ratios are calculated based on options trading volumes and current open interest.

Put-to-Call Open Interest

Put-to-Call Volume

Unfortunately, most Miller Industries' options investors are not very successful. Miller Industries' option open interest and volume spread between outstanding puts and calls are regarded by many investors as reliable indicators of the overall future market direction.

Rule 16 of the current Miller contract

Base on the Rule 16, the options market is currently suggesting that Miller Industries will have an average daily up or down price movement of about 0.0519% per day over the life of the 2025-06-20 option contract. With Miller Industries trading at USD 42.76, that is roughly USD 0.0222. If you think that the market is fully incorporating Miller Industries' daily price movement you should consider buying Miller Industries options at the current volatility level of 0.83%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
  
Purchasing Miller Industries options can give investors a meaningful hedge against losses and, therefore, could be used conservatively to decrease the volatility of your portfolio. However, many options could also amount to little more than gambling, significantly enhancing your overall portfolio risk. One simple example of these aggressive strategies is the sale of "uncovered" Miller calls. Remember, the seller must deliver Miller Industries stock to the call owner when a call is exercised.

Miller Industries Option Chain

When Miller Industries' strike price is surpassing the current stock price, the option contract against Miller Industries stock is said to be in the money. When it comes to buying options that are ITM or OTM, the choice depends on your outlook for the underlying security, financial situation, and what you are trying to achieve.
Miller Industries' option chain is a display of a range of information that helps investors for ways to trade options on Miller. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Miller. It also shows strike prices and maturity days for a Miller Industries against a given expiration period. The table below combines all the option information in the form of a chain but before you use it, remember that it entails significant risk and it is not for everyone.
Open IntStrike PriceCurrent SpreadLast Price
Call
MLR250620C00095000095.00.0 - 4.84.8Out
Call
MLR250620C00090000090.00.0 - 4.84.8Out
Call
MLR250620C00085000485.00.0 - 4.12.4Out
Call
MLR250620C00080000080.00.0 - 4.84.8Out
Call
MLR250620C00075000575.00.05 - 0.72.25Out
Call
MLR250620C00070000970.00.1 - 0.751.2Out
Call
MLR250620C00065000065.00.0 - 4.84.8Out
Call
MLR250620C00060000060.00.0 - 4.84.8Out
Call
MLR250620C00055000055.00.0 - 4.84.8Out
Call
MLR250620C000500001150.00.3 - 4.81.6Out
Call
MLR250620C00045000345.03.8 - 4.64.0Out
 Put
MLR250620P00045000145.01.5 - 6.01.5In
 Put
MLR250620P00050000750.05.5 - 9.02.65In
 Put
MLR250620P00055000155.09.5 - 13.02.28In
 Put
MLR250620P00060000060.013.8 - 17.54.75In
 Put
MLR250620P00065000065.018.5 - 22.518.5In
 Put
MLR250620P00070000070.023.6 - 27.512.6In
 Put
MLR250620P00075000075.028.5 - 32.528.5In
 Put
MLR250620P00080000080.033.5 - 37.533.5In
 Put
MLR250620P00085000085.038.5 - 42.538.5In
 Put
MLR250620P00090000090.043.5 - 47.543.5In
 Put
MLR250620P00095000095.048.5 - 52.548.5In

Miller Total Stockholder Equity

Total Stockholder Equity

421.08 Million

At this time, Miller Industries' Total Stockholder Equity is relatively stable compared to the past year.

Additional Tools for Miller Stock Analysis

When running Miller Industries' price analysis, check to measure Miller Industries' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Miller Industries is operating at the current time. Most of Miller Industries' value examination focuses on studying past and present price action to predict the probability of Miller Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Miller Industries' price. Additionally, you may evaluate how the addition of Miller Industries to your portfolios can decrease your overall portfolio volatility.