Direxion Daily MRVL Bull 2X ETF (MRVU) IV/HV History
Comparing implied volatility to historical (realized) volatility reveals whether options are priced rich or cheap relative to actual price movement. Persistent gaps can signal trading opportunities.
Direxion Daily MRVL Bull 2X ETF (MRVU) operates in the Financial Services sector, specifically the Asset Management - Leveraged industry, with a market capitalization near $9.5M, listed on NASDAQ, carrying a beta of 6.83 to the broader market. The Direxion Daily MRVL Bull 2X ETF (MRVU) aims to achieve daily returns mirroring two times (200%) the price movement of Marvell Technology, Inc. Led by Douglas Yones, public since 2024-10-22.
Snapshot as of Jul 15, 2026.
- Spot Price
- $104.82
- ATM IV
- 182.0%
As of Jul 15, 2026, Direxion Daily MRVL Bull 2X ETF (MRVU) ATM implied volatility is 182.0%.
How MRVU iv/hv history Data Feeds Strategy Selection
Strategy selection on Direxion Daily MRVL Bull 2X ETF options does not derive from any single metric in isolation. The iv/hv history view above sits inside a broader read: ATM IV currently sits at 182.0% and dealer gamma exposure is negative, so dealer hedging amplifies directional moves. Combine the iv/hv history data here with the volatility-skew surface, dealer-gamma exposure, max-pain level, and upcoming-events calendar to build a positioning thesis. Risk-defined structures (credit spreads, debit spreads, iron condors) are usually safer than naked positions while the regime is uncertain; the data on this page anchors the inputs but does not by itself constitute a trade thesis.
How to read the MRVU IV vs HV chart
The dual-line chart above tracks ATM implied volatility (forward-looking, what the chain is pricing) against 20-day realized historical volatility (backward-looking, what actually happened). ATM IV currently prints at 182.0%. . Persistent IV-above-HV is the variance-risk-premium-positive state typical of equity markets; persistent IV-below-HV is rare and usually marks underpriced vol that often expands.
MRVU IV/HV regimes and trade selection
Using MRVU vol history alongside the term structure
The IV/HV gap on this page captures the level of premium; the term-structure slope on the volatility page captures its shape across expirations. Term structure is roughly flat at 0.004, no strong near vs far premium being priced. Pair the rank read with the slope read with the event calendar to choose the right tenor for the structure.
MRVU IV/HV signal in volatility-cycle context
Equity-vol cycles tend to compress and expand on multi-month timeframes: a typical sequence runs low-IV-rank consolidation (months of flat tape, decaying premium) into a vol-expansion catalyst (earnings miss, macro shock, regime change) into elevated-IV-rank stress (premiums fat, dispersion high) back to mean-reverting compression. Use the time series above to spot inflection points: meaningful IV/HV gap closures and openings tend to precede regime shifts by a few sessions.
Learn how implied vs realized volatility is reported and how to read the data →
Daily ATM implied volatility and 20-day realized (historical) volatility for MRVU over the last ~5 trading days. The IV-HV gap measures the variance risk premium - when IV trades persistently above realized HV, premium-sellers earn the spread; when IV dips below HV, vol is structurally underpriced.
Most recent 5 trading days (descending). Older history appears in the chart above.
| Date | ATM IV | HV 20d | HV 60d | IV Rank |
|---|---|---|---|---|
| Jul 15, 2026 | 182.0% | - | - | - |
| Jul 14, 2026 | 203.3% | - | - | - |
| Jul 13, 2026 | 206.6% | - | - | - |
| Jul 10, 2026 | 184.6% | - | - | - |
| Jul 9, 2026 | 194.0% | - | - | - |
Frequently asked MRVU iv/hv history questions
- Is MRVU options pricing rich or cheap right now?
- As of Jul 15, 2026, Direxion Daily MRVL Bull 2X ETF (MRVU) ATM IV is 182.0%.
- What is the MRVU variance risk premium?
- The variance risk premium is the persistent gap between implied and subsequently realized volatility. In equity markets it averages positive because option sellers demand compensation for bearing variance shocks. MRVU is currently pricing inverted to the historical pattern, which is one input to whether short-vol or long-vol structures carry their typical edge.
- What does MRVU IV rank mean for strategy selection?
- IV rank normalizes the current ATM IV to its 1-year range: 0% is the low, 100% is the high. MRVU's current rank signals where current pricing sits in its own 1-year history. High-rank regimes typically favor premium-selling structures (credit spreads, condors, covered calls); low-rank regimes typically favor premium-buying or long-volatility structures.