Hello,
For a mixer the OL's level is specified in order to produce the intermodulation products.
The manufacturer produce differents mixers with differents levels. The level to choice depend on the level produce by your PLL or synthetizer (DDS) that produce your LO.
I suggest you to have a look at the Minicircuit documentation that is very understandable at this link :
**broken link removed** for the mixer or
**broken link removed** for the all applications notes of minicircuit.
Specially, they offer an application note that deal with "How to chose a Mixer".
Good work.