MARA Options History — January 2016

In January 2016, MARA traded between $23.84 and $29.28. ATM implied volatility averaged 152.3%, placing in the 57.9% IV rank vs the trailing year. The 30-day expected move averaged 42.5%. IV traded above realized volatility by 56.2% (HV 20d: 96.1%). Net GEX was positive for 17 of 19 trading days. Term structure was in contango for 3 of 19 days. Put/call ratio averaged 0.11.

Notable Days

  • 2016-01-04: Highest Volume — 15 contracts
  • 2016-01-08: Largest IV spike — 550.7% change
  • 2016-01-15: Highest IV Rank — 86.4%
  • 2016-01-12: Largest Expected Move — 63.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$26.33$23.84$29.28$25.60$29.28
ATM IV152.3%18.7%222.9%167.8%169.9%
Expected Move42.5%5.4%63.7%48.1%48.7%
HV 20d96.1%66.7%105.9%105.9%66.7%
HV 60d95.6%93.3%98.0%93.9%97.9%
IV Rank57.9%3.8%86.4%64.1%65.0%
IV Percentile70.7%3.9%98.4%88.1%85.6%
Term Structure-10.6%-76.6%145.7%-12.4%-67.7%
Bid-Ask Spread %164.10140.10187.33140.10186.34
Gamma HHI1.001.001.001.001.00
Net GEX75015573155
Net DEX-9.0K-20.3K7.4K-20.2K-17.1K
Net VEX-56-920-82-92
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.110.050.480.050.48
Total Volume11.526315153
Total OI19.15816222216

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2016-01-04$25.60$0.00167.8%48.1%105.9%64.1%0.0%0.0%-12.4%73-20.2K-820.05140.10N/AN/A141193
2016-01-05$24.96$0.00180.9%51.8%104.1%69.4%0.0%0.0%-13.6%72-19.5K-780.05151.36N/AN/A141193
2016-01-06$27.20$0.0018.7%5.4%105.9%3.8%0.0%0.0%135.6%367.4K-110.05149.81N/AN/A141193
2016-01-07$26.72$0.0026.8%7.7%103.1%7.1%0.0%0.0%145.7%76-3.7K-360.05149.78N/AN/A141193
2016-01-08$26.40$0.00174.4%50.0%102.8%66.8%0.0%0.0%-19.4%84-20.3K-860.05140.10N/AN/A141193
2016-01-11$25.92$0.00185.2%53.1%102.8%71.2%0.0%0.0%-43.9%86-18.3K-830.05153.11N/AN/A141193
2016-01-12$24.96$0.00222.2%63.7%103.2%86.2%0.0%0.0%-49.7%73-19.6K-760.05145.94N/AN/A141193
2016-01-13$24.96$0.0069.8%20.0%101.4%24.5%0.0%0.0%103.7%76-17.9K-810.05161.89N/AN/A141193
2016-01-14$25.12$0.00222.3%0.0%99.7%86.2%0.0%0.0%0.0%77.4K-20.05176.44N/AN/A141193
2016-01-15$24.64$0.00222.9%0.0%100.0%86.4%0.0%0.0%0.0%07.4K00.05166.40N/AN/A141193
2016-01-19$24.80$0.00108.4%0.0%96.0%40.1%0.0%0.0%-20.1%07.4K00.09176.01N/AN/A81133
2016-01-20$23.84$0.00115.1%0.0%95.3%42.8%0.0%0.0%0.0%27.1K-10.09169.70N/AN/A81133
2016-01-21$24.80$0.00183.4%52.6%95.7%70.4%0.0%0.0%-73.1%30-4.9K-580.09166.72N/AN/A81133
2016-01-22$28.00$0.00150.7%0.0%100.5%57.2%0.0%0.0%0.0%91-457-290.09182.06N/AN/A81133
2016-01-25$26.88$0.00177.5%50.9%98.4%68.1%0.0%0.0%-41.2%127-14.8K-880.09166.53N/AN/A81133
2016-01-26$28.48$0.00166.8%47.8%100.3%63.7%0.0%0.0%-62.9%141-17.1K-880.09187.33N/AN/A81133
2016-01-27$28.96$0.00160.6%46.0%76.0%61.2%0.0%0.0%-63.9%152-17.0K-880.09179.17N/AN/A81133
2016-01-28$28.80$0.00171.3%49.1%68.5%65.5%0.0%0.0%-76.6%147-17.5K-870.48169.03N/AN/A21133
2016-01-29$29.28$0.00169.9%48.7%66.7%65.0%0.0%0.0%-67.7%155-17.1K-920.48186.34N/AN/A21133