MARA Options History — December 2017

In December 2017, MARA traded between $16.40 and $25.20. ATM implied volatility averaged 161.6%, placing in the 49.7% IV rank vs the trailing year. The 30-day expected move averaged 46.4%. IV traded below realized volatility by 224.9% (HV 20d: 386.5%). Max pain ranged from $20.00 to $20.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 11 of 20 days. Put/call ratio averaged 0.41.

Notable Days

  • 2017-12-12: Highest Volume — 9,202 contracts
  • 2017-12-18: Largest IV spike — 33.7% change
  • 2017-12-18: Highest IV Rank — 67.2%
  • 2017-12-11: Largest Expected Move — 60.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$20.44$16.40$25.20$19.88$16.40
Max Pain$20.00$20.00$20.00$20.00$20.00
ATM IV161.6%119.5%207.0%202.1%145.4%
Expected Move46.4%34.3%60.7%57.9%41.7%
HV 20d386.5%178.3%454.9%435.1%181.9%
HV 60d278.7%272.4%282.2%272.4%281.5%
IV Rank49.7%33.5%67.2%65.4%43.5%
IV Percentile54.5%13.6%94.6%94.6%34.7%
Term Structure-0.8%-54.4%46.4%-31.9%27.7%
VWIV156.9%132.6%203.3%203.3%132.6%
Skew 25d13.0%-21.2%83.4%13.6%34.5%
Skew 10d-0.3%-33.7%49.1%-7.3%-11.9%
Call IV 25d165.8%121.7%213.2%213.2%127.5%
Put IV 25d178.9%152.2%226.7%226.7%162.0%
Bid-Ask Spread %30.8410.9468.3440.8910.94
Gamma HHI0.650.450.850.690.58
Net GEX99.3K47.0K176.9K58.0K49.9K
Net DEX-3.6M-13.8M4.8M-3.5M4.8M
Net VEX-29.8K-42.5K-12.5K-12.5K-27.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.410.200.740.380.61
Total Volume3,376.99019,2024,0631,300
Total OI16,484.87,04022,8747,04022,874

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2017-12-01$19.88$20.00202.1%57.9%435.1%65.4%203.3%13.6%-31.9%58.0K-3.5M-12.5K0.3840.89N/AN/A2,9491,1145,2391,801
2017-12-04$18.56$20.00187.0%47.4%435.4%59.5%167.8%3.1%-27.7%67.6K-2.9M-17.6K0.4056.00N/AN/A1,9677847,0292,639
2017-12-05$20.52$20.00166.2%43.9%434.5%51.5%146.2%8.0%-35.3%98.6K-4.5M-21.4K0.6052.78N/AN/A2,4651,4817,7032,930
2017-12-06$18.28$20.00169.1%41.8%438.6%52.6%147.8%83.4%-36.9%82.1K-2.5M-22.2K0.3168.34N/AN/A2,0756498,8823,357
2017-12-07$18.28$20.00176.7%44.5%436.6%55.6%147.7%39.0%9.1%90.0K-1.8M-21.0K0.4524.11N/AN/A1,1755239,6643,863
2017-12-08$17.88$20.00160.2%49.8%437.5%49.2%174.2%71.8%22.7%54.1K-387.4K-21.1K0.6327.45N/AN/A1,5349629,8674,053
2017-12-11$25.20$20.00137.7%60.7%448.3%40.5%143.5%-7.3%-54.4%164.9K-13.8M-29.9K0.2048.92N/AN/A4,76896310,4454,714
2017-12-12$23.40$20.00173.3%49.2%451.1%54.2%178.7%-21.2%-24.5%176.9K-10.2M-31.4K0.3036.67N/AN/A7,0892,11311,6374,966
2017-12-13$22.56$20.00171.4%49.2%451.6%53.5%176.6%-17.9%-2.8%114.3K-8.8M-29.7K0.2339.56N/AN/A2,97268311,9615,312
2017-12-14$21.76$20.00155.6%44.6%452.2%47.4%159.6%-5.2%11.7%102.7K-5.5M-30.0K0.4216.12N/AN/A1,62967911,5795,583
2017-12-15$23.04$20.00154.8%44.4%451.8%47.1%156.8%-8.5%3.5%150.2K-7.9M-31.0K0.3222.93N/AN/A2,67484712,0155,582
2017-12-18$25.20$20.00207.0%59.3%451.6%67.2%150.8%-2.0%-0.3%142.4K-9.6M-38.5K0.2044.34N/AN/A4,48890410,3933,993
2017-12-19$23.28$20.00155.8%44.7%454.9%47.5%159.5%10.5%46.4%140.3K-8.4M-42.5K0.3416.47N/AN/A2,81096612,0734,559
2017-12-20$23.00$20.00119.5%34.3%454.5%33.5%151.2%18.4%41.9%176.2K-6.3M-37.7K0.7426.32N/AN/A2,6661,96612,5995,221
2017-12-21$19.52$20.00148.8%42.7%443.5%44.8%154.1%11.2%22.8%89.9K1.1M-32.8K0.7113.11N/AN/A2,1961,56412,7536,750
2017-12-22$17.84$20.00146.6%42.0%255.8%44.0%145.6%8.9%7.2%48.8K2.0M-37.6K0.3721.80N/AN/A1,97473813,1447,737
2017-12-26$18.28$20.00167.5%48.0%254.3%52.0%162.3%-4.3%0.1%62.2K1.1M-37.9K0.2316.60N/AN/A1,07025113,6598,116
2017-12-27$18.88$20.00143.1%41.0%178.3%42.6%138.4%13.3%-1.7%69.1K1.9M-37.9K0.4019.94N/AN/A1,18046913,8968,281
2017-12-28$17.12$20.00143.9%41.3%182.1%42.9%140.8%11.3%5.9%47.0K3.0M-36.4K0.3313.54N/AN/A67822314,2298,598
2017-12-29$16.40$20.00145.4%41.7%181.9%43.5%132.6%34.5%27.7%49.9K4.8M-27.5K0.6110.94N/AN/A80549514,2288,646