MARA Options History — March 2018

In March 2018, MARA traded between $4.52 and $9.32. ATM implied volatility averaged 203.4%, placing in the 54.8% IV rank vs the trailing year. The 30-day expected move averaged 55.7%. IV traded above realized volatility by 48.2% (HV 20d: 155.2%). Max pain ranged from $10.00 to $30.00. Net GEX was positive for 14 of 21 trading days. Term structure was in contango for 2 of 21 days. Put/call ratio averaged 1.21.

Notable Days

  • 2018-03-12: Highest Volume — 4,086 contracts
  • 2018-03-12: Largest IV spike — 66.8% change
  • 2018-03-13: Highest IV Rank — 100.0%
  • 2018-03-27: Largest Expected Move — 71.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$6.66$4.52$9.32$8.40$4.52
Max Pain$11.90$10.00$30.00$30.00$10.00
ATM IV203.4%150.7%307.7%178.0%213.2%
Expected Move55.7%43.7%71.0%51.0%61.1%
HV 20d155.2%69.2%202.1%97.0%201.7%
HV 60d130.2%96.3%138.9%124.0%138.1%
IV Rank54.8%30.5%100.0%45.2%57.8%
IV Percentile80.1%27.2%100.0%76.9%89.8%
Term Structure-29.7%-74.6%6.6%-21.0%-40.0%
VWIV179.8%166.1%195.3%178.8%186.3%
Skew 25d3.4%-40.6%36.2%33.6%-26.3%
Skew 10d7.1%-60.4%61.9%50.7%-26.3%
Call IV 25d160.7%117.5%191.7%146.8%177.0%
Put IV 25d164.1%106.3%219.7%180.4%150.6%
Bid-Ask Spread %30.8411.2080.5818.2817.92
Gamma HHI0.650.381.000.521.00
Net GEX1.8K04.8K4.7K0
Net DEX2.8M511.0K6.0M5.8M543.8K
Net VEX-2.1K-5.8K0-4.8K0
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.210.084.174.170.09
Total Volume1,632.813414,0861,235613
Total OI11,620.9054,83518,28618,2735,232

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2018-03-01$8.40$30.00178.0%51.0%97.0%45.2%178.8%33.6%-21.0%4.7K5.8M-4.8K4.1718.28N/AN/A23999610,4377,836
2018-03-02$8.48$30.00165.9%47.5%97.6%39.4%166.1%-40.6%-0.1%4.0K6.0M-3.9K1.7319.02N/AN/A1,0311,77810,4427,844
2018-03-05$8.28$10.00199.8%47.8%90.3%55.7%173.6%-4.4%5.4%4.4K5.2M-4.5K2.2831.37N/AN/A5971,3649,8497,244
2018-03-06$7.92$10.00192.7%49.7%74.7%52.3%186.9%-7.9%-2.8%4.0K4.7M-4.1K1.7429.46N/AN/A9271,6119,5386,821
2018-03-07$7.36$10.00228.4%49.0%69.2%69.5%172.0%18.0%-25.7%2.8K4.3M-3.0K1.9332.49N/AN/A8531,6469,4856,481
2018-03-08$6.80$10.00193.3%53.2%71.1%52.6%0.0%32.4%-39.9%2.6K3.9M-2.8K3.1063.87N/AN/A4171,2919,4826,409
2018-03-09$6.16$10.00150.7%71.0%76.2%32.1%0.0%24.1%-74.6%1183.7M-8242.9580.58N/AN/A4121,2179,3546,159
2018-03-12$9.32$10.00251.3%59.1%173.6%80.5%195.3%12.3%-35.3%2.9K4.3M-5.8K1.0657.17N/AN/A1,9822,1049,3726,148
2018-03-13$7.92$10.00307.7%51.7%182.4%100.0%186.3%3.9%-18.1%4.8K4.4M-4.4K1.3719.58N/AN/A1,4561,99210,4436,520
2018-03-14$7.12$10.00198.4%56.9%185.4%51.2%0.0%-16.0%-56.0%3.0K3.8M-3.2K1.4524.64N/AN/A1,1971,73910,4716,070
2018-03-15$6.48$10.00180.7%51.8%183.3%43.2%0.0%24.0%-24.2%3.5K3.1M-3.4K1.3225.87N/AN/A1,1141,46710,5475,571
2018-03-16$6.52$10.00174.8%50.1%181.9%40.6%0.0%6.6%6.6%2673.2M-1.1K1.2023.31N/AN/A1,1231,34410,5735,193
2018-03-19$6.20$10.00152.3%43.7%182.0%30.5%0.0%-27.7%-24.3%0738.9K00.2859.70N/AN/A4221193,6711,192
2018-03-20$5.40$10.00176.3%50.5%185.5%41.3%0.0%15.9%-9.9%0641.2K00.2021.79N/AN/A425833,6431,192
2018-03-21$6.48$10.00216.7%62.1%200.3%59.3%0.0%36.2%-64.5%0781.3K00.0920.56N/AN/A707653,7151,208
2018-03-22$5.88$10.00185.5%53.2%202.0%45.4%0.0%7.4%-34.7%0713.3K00.1041.36N/AN/A311303,9591,213
2018-03-23$5.64$10.00201.6%57.8%202.1%52.6%0.0%-21.2%-1.5%199539.3K-9930.0815.50N/AN/A350273,9651,216
2018-03-26$5.20$10.00234.7%67.3%201.0%67.3%0.0%-29.6%-44.7%156511.0K-8760.1211.20N/AN/A390453,9471,217
2018-03-27$4.84$10.00247.8%71.0%201.4%73.2%0.0%28.1%-59.0%0583.7K00.1017.79N/AN/A394403,9521,207
2018-03-28$4.88$10.00221.5%63.5%201.3%61.5%0.0%-26.3%-60.5%0589.7K00.1016.22N/AN/A337344,0121,209
2018-03-29$4.52$10.00213.2%61.1%201.7%57.8%0.0%0.0%-40.0%0543.8K00.0917.92N/AN/A563504,0231,209