MARA Options History — August 2016

In August 2016, MARA traded between $44.48 and $48.64. ATM implied volatility averaged 78.9%, placing in the 26.7% IV rank vs the trailing year. The 30-day expected move averaged 24.2%. IV traded above realized volatility by 45.8% (HV 20d: 33.1%). Max pain ranged from $40.00 to $40.00. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 0 of 23 days. Put/call ratio averaged 0.03.

Notable Days

  • 2016-08-16: Highest Volume — 9 contracts
  • 2016-08-04: Largest IV spike — 353.0% change
  • 2016-08-31: Highest IV Rank — 55.4%
  • 2016-08-31: Largest Expected Move — 41.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$46.63$44.48$48.64$48.00$46.08
Max Pain$40.00$40.00$40.00$40.00$40.00
ATM IV78.9%24.0%145.2%83.3%145.2%
Expected Move24.2%8.5%41.6%31.1%41.6%
HV 20d33.1%27.1%35.5%35.1%30.3%
HV 60d50.6%41.1%59.5%59.3%41.1%
IV Rank26.7%2.8%55.4%28.6%55.4%
IV Percentile22.1%2.4%62.2%17.1%62.2%
Term Structure-62.6%-166.7%-2.6%-12.3%-88.2%
VWIV113.8%83.3%145.1%108.6%145.1%
Bid-Ask Spread %180.67150.87200.00188.31187.19
Gamma HHI0.980.551.001.001.00
Net GEX1281540416150
Net DEX-31.4K-33.8K-27.7K-33.4K-31.1K
Net VEX-9-32-5-7-8
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.030.000.050.020.05
Total Volume3.5220933
Total OI9.43581589

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2016-08-01$48.00$0.0083.3%0.0%35.1%28.6%0.0%0.0%0.0%16-33.4K-70.02188.31N/AN/A3080
2016-08-02$47.68$0.0027.2%0.0%35.1%4.2%0.0%0.0%0.0%366-31.4K-190.02198.99N/AN/A3080
2016-08-03$45.92$0.0024.0%0.0%35.3%2.8%0.0%0.0%0.0%38-31.9K-60.02185.33N/AN/A3080
2016-08-04$46.40$40.00108.6%31.1%35.4%39.6%108.6%0.0%-12.3%404-30.1K-200.02184.62N/AN/A3080
2016-08-05$46.40$40.0072.4%20.8%35.4%23.9%0.0%0.0%-48.9%17-32.2K-60.02177.38N/AN/A3080
2016-08-08$47.04$40.0076.8%22.0%35.5%25.8%0.0%0.0%-29.7%17-32.7K-60.02175.53N/AN/A3080
2016-08-09$46.72$40.0080.1%23.0%35.5%27.2%0.0%0.0%-42.1%15-32.5K-60.02171.60N/AN/A4080
2016-08-10$46.56$40.0029.7%8.5%35.1%5.3%0.0%0.0%0.0%15-32.4K-60.02179.00N/AN/A4080
2016-08-11$46.08$40.0077.7%22.3%27.1%26.2%0.0%0.0%-32.7%16-32.0K-60.02166.28N/AN/A4080
2016-08-12$48.64$40.0089.1%25.6%31.4%31.1%0.0%0.0%-54.6%18-33.8K-60.04166.19N/AN/A2080
2016-08-15$47.52$40.0057.6%16.5%32.1%17.4%83.3%0.0%-38.0%259-32.0K-130.01173.66N/AN/A8080
2016-08-16$48.00$40.0066.5%19.1%30.7%21.3%110.6%0.0%-79.2%189-33.4K-320.01150.87N/AN/A90150
2016-08-17$47.36$40.0096.1%27.6%31.0%34.1%96.1%0.0%-2.6%194-29.8K-50.00195.91N/AN/A20140
2016-08-18$47.84$40.000.0%0.0%31.2%0.0%0.0%0.0%0.0%307-28.3K-110.00200.00N/AN/A00140
2016-08-19$46.40$40.0031.1%8.9%32.4%5.9%0.0%0.0%-166.7%380-30.4K-140.01194.68N/AN/A90150
2016-08-22$45.44$40.0078.1%22.4%33.1%26.3%0.0%0.0%-94.1%16-30.9K-60.03183.59N/AN/A3090
2016-08-23$44.48$40.0084.1%24.1%32.9%28.9%0.0%0.0%-102.0%16-30.3K-60.03184.39N/AN/A3090
2016-08-24$45.60$40.00125.4%35.9%33.1%46.9%0.0%0.0%0.0%310-27.7K-60.00188.00N/AN/A0080
2016-08-25$45.60$40.0071.1%20.4%33.1%23.3%0.0%0.0%0.0%16-31.0K-60.05171.67N/AN/A3090
2016-08-26$46.08$40.0084.9%24.4%33.1%29.3%0.0%0.0%0.0%17-31.3K-60.05173.68N/AN/A3090
2016-08-29$46.40$40.0086.9%24.9%33.2%30.2%0.0%0.0%-85.7%18-31.6K-60.05183.19N/AN/A3090
2016-08-30$46.24$40.00139.2%39.9%33.2%52.8%139.2%0.0%-88.2%151-31.2K-80.05175.44N/AN/A3090
2016-08-31$46.08$40.00145.2%41.6%30.3%55.4%145.1%0.0%0.0%150-31.1K-80.05187.19N/AN/A3090