MARA Options History — February 2018

In February 2018, MARA traded between $8.92 and $12.52. ATM implied volatility averaged 157.7%, placing in the 35.5% IV rank vs the trailing year. The 30-day expected move averaged 44.5%. IV traded above realized volatility by 50.9% (HV 20d: 106.8%). Max pain ranged from $30.00 to $30.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 7 of 19 days. Put/call ratio averaged 4.00.

Notable Days

  • 2018-02-07: Highest Volume — 1,614 contracts
  • 2018-02-02: Largest IV spike — 21.5% change
  • 2018-02-06: Highest IV Rank — 49.4%
  • 2018-02-28: Largest Expected Move — 50.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$10.28$8.92$12.52$12.52$8.92
Max Pain$30.00$30.00$30.00$30.00$30.00
ATM IV157.7%130.1%186.6%130.1%175.5%
Expected Move44.5%36.6%50.3%36.6%50.3%
HV 20d106.8%93.4%118.8%93.4%104.1%
HV 60d242.5%129.2%279.6%275.6%129.3%
IV Rank35.5%22.2%49.4%22.2%44.0%
IV Percentile47.1%21.1%81.0%21.1%72.8%
Term Structure1.1%-43.0%47.3%47.3%-7.0%
VWIV157.0%117.9%174.4%173.8%174.4%
Skew 25d-2.6%-56.8%50.6%4.5%9.6%
Skew 10d-5.1%-42.1%65.1%23.1%3.1%
Call IV 25d155.5%120.0%186.9%120.0%145.2%
Put IV 25d152.9%105.5%178.5%124.5%154.8%
Bid-Ask Spread %24.028.3961.1819.2213.80
Gamma HHI0.490.340.680.440.42
Net GEX9.3K3.7K25.8K7.4K3.8K
Net DEX6.5M5.7M7.7M7.7M5.7M
Net VEX-6.8K-9.7K-3.5K-5.1K-6.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio4.001.847.101.843.91
Total Volume1,325.1051,1661,6141,4371,262
Total OI19,700.10517,99920,84320,11218,224

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2018-02-01$12.52$30.00130.1%36.6%93.4%22.2%0.0%4.5%47.3%7.4K7.7M-5.1K1.8419.22N/AN/A50593211,4688,644
2018-02-02$11.12$30.00158.1%40.4%100.5%35.6%0.0%-13.2%30.3%9.9K7.1M-6.1K2.0837.28N/AN/A47699111,5328,612
2018-02-05$9.52$30.00172.6%48.2%111.4%42.6%173.8%-9.4%21.9%13.2K6.1M-9.7K4.7944.01N/AN/A2411,15411,6098,650
2018-02-06$10.36$30.00186.6%46.4%118.0%49.4%0.0%-26.5%-7.9%4.8K6.5M-5.1K4.4427.63N/AN/A2271,00611,6258,800
2018-02-07$10.56$30.00155.5%44.6%118.8%34.4%156.8%-5.9%-11.6%9.4K6.7M-8.2K5.0761.18N/AN/A2661,34811,6358,806
2018-02-08$10.28$30.00142.0%40.7%116.2%27.9%117.9%9.9%28.2%25.8K6.6M-8.6K5.8223.61N/AN/A1761,02411,7299,066
2018-02-09$9.96$30.00152.8%43.8%116.1%33.1%140.2%-24.8%-3.7%11.8K6.9M-8.8K3.0120.20N/AN/A32898611,7379,070
2018-02-12$10.08$30.00158.5%45.4%110.6%35.8%162.0%-17.8%-37.1%14.7K6.9M-9.1K5.8246.31N/AN/A1771,03111,7319,067
2018-02-13$9.80$30.00164.2%47.1%101.9%38.6%166.0%50.6%-43.0%16.4K6.8M-8.7K7.1015.18N/AN/A1441,02211,7599,084
2018-02-14$10.68$30.00150.8%43.2%108.3%32.1%0.0%-53.2%-4.9%15.6K6.9M-5.4K3.7239.31N/AN/A2891,07311,7399,090
2018-02-15$11.16$30.00151.2%43.4%105.3%32.3%0.0%16.3%12.4%6.0K6.9M-5.3K2.8211.69N/AN/A4001,12911,7189,094
2018-02-16$10.68$30.00138.3%39.7%103.1%26.1%0.0%-56.8%8.4%4.8K6.8M-3.5K3.4115.78N/AN/A2951,00411,7248,991
2018-02-20$10.80$30.00160.9%46.1%102.8%37.0%0.0%10.3%-0.4%5.8K6.1M-5.3K3.0011.44N/AN/A3401,01810,2707,729
2018-02-21$10.12$30.00154.7%44.3%104.1%34.0%152.8%-18.0%-1.2%6.7K6.2M-7.4K3.8713.73N/AN/A25297710,3397,842
2018-02-22$9.76$30.00164.8%47.3%102.9%38.9%166.5%37.8%-4.8%6.2K6.1M-7.1K3.9213.71N/AN/A2611,02010,3647,843
2018-02-23$9.48$30.00156.0%44.7%102.8%34.6%155.3%3.2%-9.5%4.9K6.0M-6.8K3.478.39N/AN/A28599010,3897,847
2018-02-26$9.96$30.00164.3%47.1%104.6%38.6%161.0%11.7%-1.1%5.6K6.2M-6.6K3.9117.57N/AN/A2641,03210,3947,859
2018-02-27$9.64$30.00159.7%45.8%103.7%36.4%156.8%22.1%4.6%3.7K6.1M-6.3K4.1016.41N/AN/A2461,00610,4017,821
2018-02-28$8.92$30.00175.5%50.3%104.1%44.0%174.4%9.6%-7.0%3.8K5.7M-6.1K3.9113.80N/AN/A2571,00510,4017,823