MARA Options History — September 2016

In September 2016, MARA traded between $43.20 and $46.40. ATM implied volatility averaged 94.0%, placing in the 33.2% IV rank vs the trailing year. The 30-day expected move averaged 23.8%. IV traded above realized volatility by 67.7% (HV 20d: 26.3%). Max pain ranged from $40.00 to $40.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 1 of 21 days. Put/call ratio averaged 0.03.

Notable Days

  • 2016-09-01: Highest Volume — 3 contracts
  • 2016-09-13: Largest IV spike — 551.4% change
  • 2016-09-13: Highest IV Rank — 92.5%
  • 2016-09-07: Largest Expected Move — 68.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$45.09$43.20$46.40$46.40$43.20
Max Pain$40.00$40.00$40.00$40.00$40.00
ATM IV94.0%25.2%230.6%146.4%25.2%
Expected Move23.8%7.2%68.7%42.0%7.2%
HV 20d26.3%20.3%30.3%30.2%28.0%
HV 60d35.5%31.0%41.1%41.1%31.2%
IV Rank33.2%3.4%92.5%56.0%3.4%
IV Percentile39.3%2.8%99.2%63.3%2.8%
Term Structure71.1%71.1%71.1%71.1%71.1%
VWIV142.6%138.8%146.4%146.4%138.8%
Bid-Ask Spread %186.91171.54198.65176.25198.65
Gamma HHI1.001.001.001.001.00
Net GEX341710710721
Net DEX-17.3K-31.6K-2.0K-31.4K-2.0K
Net VEX-5-7-5-7-5
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.030.000.050.050.00
Total Volume2.0481331
Total OI5.191991

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2016-09-01$46.40$40.00146.4%42.0%30.2%56.0%146.4%0.0%0.0%107-31.4K-70.05176.25N/AN/A3090
2016-09-02$46.40$40.00138.8%39.8%30.2%52.7%138.8%0.0%0.0%91-31.4K-70.05174.26N/AN/A3090
2016-09-06$46.40$0.00179.3%10.5%29.8%70.3%0.0%0.0%0.0%40-31.6K-60.05193.58N/AN/A3090
2016-09-07$45.60$0.00184.3%68.7%30.3%72.4%0.0%0.0%0.0%60-31.0K-60.05190.26N/AN/A3090
2016-09-08$45.44$0.00197.8%64.9%30.3%78.3%0.0%0.0%0.0%51-30.9K-60.05172.95N/AN/A3090
2016-09-09$45.12$0.00198.4%7.9%30.2%78.6%0.0%0.0%0.0%51-30.7K-60.05195.78N/AN/A3090
2016-09-12$46.24$0.0035.4%10.1%24.3%7.8%0.0%0.0%0.0%33-31.5K-50.05192.49N/AN/A3090
2016-09-13$45.60$0.00230.6%66.1%23.4%92.5%0.0%0.0%0.0%27-31.0K-60.05171.54N/AN/A3090
2016-09-14$45.60$0.0043.2%12.4%23.0%11.2%0.0%0.0%0.0%20-31.0K-50.05191.57N/AN/A3090
2016-09-15$46.24$0.0036.8%10.6%23.3%8.4%0.0%0.0%0.0%18-31.4K-50.05196.37N/AN/A3090
2016-09-16$45.44$0.0035.1%10.1%23.6%7.6%0.0%0.0%0.0%19-30.9K-50.05184.09N/AN/A3090
2016-09-19$45.12$0.0035.9%10.3%21.3%8.0%0.0%0.0%0.0%19-2.2K-50.00184.53N/AN/A1010
2016-09-20$44.64$0.0036.4%10.4%20.3%8.2%0.0%0.0%0.0%20-2.1K-50.00193.12N/AN/A1010
2016-09-21$43.20$0.0039.9%11.4%22.2%9.7%0.0%0.0%0.0%18-2.0K-50.00197.98N/AN/A1010
2016-09-22$45.12$0.0047.2%13.5%25.8%12.9%0.0%0.0%0.0%34-2.0K-50.00183.67N/AN/A1010
2016-09-23$44.80$0.0030.3%8.7%25.9%5.6%0.0%0.0%0.0%17-2.0K-50.00185.83N/AN/A1010
2016-09-26$43.68$0.0030.4%8.7%26.9%5.6%0.0%0.0%0.0%19-2.1K-50.00193.49N/AN/A1010
2016-09-27$44.48$0.0038.8%11.1%27.7%9.3%0.0%0.0%0.0%19-2.2K-50.00184.12N/AN/A1010
2016-09-28$44.32$0.00225.7%64.7%27.7%90.4%0.0%0.0%71.1%20-2.2K-50.00180.78N/AN/A1010
2016-09-29$43.84$0.0038.5%11.0%27.9%9.1%0.0%0.0%0.0%19-2.1K-50.00183.78N/AN/A1010
2016-09-30$43.20$0.0025.2%7.2%28.0%3.4%0.0%0.0%0.0%21-2.0K-50.00198.65N/AN/A1010