MARA Options History — May 2018

In May 2018, MARA traded between $5.12 and $6.96. ATM implied volatility averaged 179.8%, placing in the 42.8% IV rank vs the trailing year. The 30-day expected move averaged 50.2%. IV traded above realized volatility by 88.8% (HV 20d: 91.0%). Max pain ranged from $10.00 to $10.00. Net GEX was positive for 9 of 22 trading days. Term structure was in contango for 4 of 22 days. Put/call ratio averaged 0.51.

Notable Days

  • 2018-05-11: Highest Volume — 205 contracts
  • 2018-05-25: Largest IV spike — 77.0% change
  • 2018-05-07: Highest IV Rank — 80.6%
  • 2018-05-30: Largest Expected Move — 61.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$5.79$5.12$6.96$6.56$5.64
Max Pain$10.00$10.00$10.00$10.00$10.00
ATM IV179.8%99.0%264.2%180.4%118.2%
Expected Move50.2%28.4%61.5%51.7%33.9%
HV 20d91.0%72.8%108.8%94.6%80.9%
HV 60d138.2%137.0%140.4%140.4%138.5%
IV Rank42.8%6.7%80.6%43.1%15.3%
IV Percentile58.7%1.3%96.6%64.4%3.7%
Term Structure-21.0%-57.0%69.9%-23.9%-37.2%
VWIV185.5%185.5%185.5%185.5%185.5%
Skew 25d-5.3%-48.7%10.4%9.8%-48.7%
Skew 10d-8.8%-48.7%10.4%9.8%-48.7%
Call IV 25d178.5%166.9%192.2%166.9%174.6%
Put IV 25d173.2%126.0%187.8%176.6%126.0%
Bid-Ask Spread %8.722.6722.556.4211.11
Gamma HHI0.780.391.000.561.00
Net GEX30804.5K470
Net DEX674.0K369.5K813.9K813.9K678.4K
Net VEX-269-2.5K0-470
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.510.211.030.510.47
Total Volume100.6825420518256
Total OI5,619.5455,3305,9295,5835,445

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2018-05-01$6.56$10.00180.4%51.7%94.6%43.1%0.0%9.8%-23.9%47813.9K-470.516.42N/AN/A121614,3321,251
2018-05-02$6.24$10.00188.3%54.0%95.7%46.6%0.0%0.1%-40.8%0784.5K00.9110.79N/AN/A58534,3181,257
2018-05-03$6.96$10.00202.6%50.2%100.3%53.0%0.0%10.4%-21.9%925633.3K-1.5K0.2414.17N/AN/A94234,3441,258
2018-05-04$6.60$10.00205.4%52.9%101.8%54.3%185.5%-7.1%-37.9%4.5K369.5K-2.5K0.2913.53N/AN/A85254,3621,258
2018-05-07$6.32$10.00264.2%53.6%104.1%80.6%0.0%1.6%-38.5%832554.2K-1.5K0.6510.24N/AN/A52344,4111,256
2018-05-08$5.88$10.00160.3%51.2%108.7%34.1%0.0%-3.5%-39.4%82732.7K-760.3218.37N/AN/A104334,4291,263
2018-05-09$6.04$10.00150.3%43.1%108.8%29.6%0.0%-48.7%-29.3%91755.8K-800.3622.55N/AN/A68244,4921,270
2018-05-10$5.68$10.00199.2%57.1%92.6%51.5%0.0%0.0%-43.9%0719.4K00.4217.45N/AN/A73304,4931,271
2018-05-11$5.56$10.00195.8%56.1%92.6%50.0%0.0%0.0%-45.8%0708.6K00.214.83N/AN/A169364,5111,275
2018-05-14$5.72$10.0099.0%28.4%92.9%6.7%0.0%0.0%-44.5%100724.2K-880.473.70N/AN/A82394,6231,286
2018-05-15$5.60$10.00170.0%48.7%93.1%38.4%0.0%0.0%-49.0%87710.4K-590.446.59N/AN/A90404,6251,284
2018-05-16$5.68$10.00180.1%51.6%93.3%43.0%0.0%0.0%-33.5%0723.7K00.673.04N/AN/A41284,6261,277
2018-05-17$6.00$10.00186.6%53.5%94.6%45.9%0.0%0.0%-37.3%111748.7K-1071.034.41N/AN/A50524,6201,271
2018-05-18$6.04$10.00205.7%59.0%94.1%54.4%0.0%0.0%-56.5%0775.2K00.5017.59N/AN/A63314,6451,284
2018-05-21$5.68$10.00157.5%45.2%90.3%32.9%0.0%0.0%-33.3%0676.0K00.363.31N/AN/A75274,1411,189
2018-05-22$5.36$10.00169.2%48.5%79.0%38.1%0.0%0.0%69.9%0637.1K00.553.24N/AN/A36204,1731,189
2018-05-23$5.16$10.00199.8%57.3%78.6%51.8%0.0%0.0%60.4%0610.9K00.634.79N/AN/A33214,1761,189
2018-05-24$5.16$10.00109.1%31.3%78.2%11.2%0.0%0.0%54.9%0616.1K00.574.04N/AN/A37214,1761,190
2018-05-25$5.20$10.00193.2%55.4%77.7%48.8%0.0%0.0%-26.3%0618.5K00.495.63N/AN/A42214,1791,190
2018-05-29$5.24$10.00206.6%59.2%78.2%54.8%0.0%0.0%47.8%0624.4K00.232.67N/AN/A83204,1841,190
2018-05-30$5.12$10.00214.3%61.5%72.8%58.3%0.0%0.0%-57.0%0611.3K00.813.27N/AN/A35294,2371,190
2018-05-31$5.64$10.00118.2%33.9%80.9%15.3%0.0%0.0%-37.2%0678.4K00.4711.11N/AN/A38184,2421,203