MARA Options History — August 2018

In August 2018, MARA traded between $3.40 and $4.20. ATM implied volatility averaged 141.2%, placing in the 25.6% IV rank vs the trailing year. The 30-day expected move averaged 40.5%. IV traded above realized volatility by 38.0% (HV 20d: 103.2%). Max pain ranged from $10.00 to $10.00. Net GEX was positive for 0 of 23 trading days. Term structure was in contango for 10 of 23 days. Put/call ratio averaged 1.37.

Notable Days

  • 2018-08-31: Highest Volume — 127 contracts
  • 2018-08-16: Largest IV spike — 47.9% change
  • 2018-08-16: Highest IV Rank — 43.6%
  • 2018-08-16: Largest Expected Move — 52.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$3.77$3.40$4.20$4.12$3.96
Max Pain$10.00$10.00$10.00$10.00$10.00
ATM IV141.2%101.6%181.6%164.8%149.5%
Expected Move40.5%29.1%52.1%47.3%42.9%
HV 20d103.2%51.8%145.0%143.9%76.5%
HV 60d94.2%91.6%96.5%95.5%96.5%
IV Rank25.6%7.9%43.6%36.1%29.3%
IV Percentile20.3%1.5%63.2%42.1%25.0%
Term Structure-9.1%-80.6%69.4%-72.6%-51.8%
Bid-Ask Spread %15.414.5465.777.4265.77
Gamma HHI1.001.001.001.001.00
Net GEX00000
Net DEX262.0K232.0K292.2K272.4K285.5K
Net VEX00000
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.370.312.332.320.31
Total Volume98.6095312780127
Total OI2,601.6962,4962,6772,5622,666

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2018-08-01$4.12$10.00164.8%47.3%143.9%36.1%0.0%0.0%-72.6%0272.4K02.327.42N/AN/A24561,901661
2018-08-02$4.20$10.00128.7%36.9%144.0%20.0%0.0%0.0%-75.6%0288.5K02.335.83N/AN/A24561,902686
2018-08-03$4.20$10.00172.9%49.6%143.6%39.7%0.0%0.0%-80.6%0288.3K01.1021.11N/AN/A51561,903686
2018-08-06$4.00$10.00131.9%37.8%145.0%21.4%0.0%0.0%56.0%0274.5K02.3310.45N/AN/A23531,912686
2018-08-07$3.96$10.00101.6%29.1%144.4%7.9%0.0%0.0%69.4%0273.0K02.3317.56N/AN/A23531,913686
2018-08-08$3.88$10.00142.3%40.8%143.5%26.1%0.0%0.0%36.4%0266.0K02.249.91N/AN/A25561,913686
2018-08-09$3.92$10.00144.3%41.4%143.3%27.0%0.0%0.0%43.8%0266.3K00.719.40N/AN/A74521,918683
2018-08-10$3.84$10.00108.7%31.2%142.4%11.1%0.0%0.0%61.1%0262.0K00.7319.22N/AN/A71521,968682
2018-08-13$3.84$10.00150.5%43.1%130.6%29.7%0.0%0.0%45.8%0261.4K00.7510.40N/AN/A71541,969682
2018-08-14$3.52$10.00146.3%41.9%111.2%27.9%0.0%0.0%35.0%0239.9K01.307.12N/AN/A23301,969682
2018-08-15$3.60$10.00122.8%35.2%104.2%17.4%0.0%0.0%33.3%0245.7K01.209.98N/AN/A25301,970683
2018-08-16$3.40$10.00181.6%52.1%104.9%43.6%0.0%0.0%41.9%0232.0K02.324.54N/AN/A29661,970682
2018-08-17$3.52$10.00128.4%36.8%106.2%19.9%0.0%0.0%38.5%0250.0K01.527.01N/AN/A43651,968709
2018-08-20$3.52$10.00159.3%45.7%101.9%33.7%0.0%0.0%-36.4%0248.6K01.7411.77N/AN/A34591,790706
2018-08-21$3.52$10.00137.3%39.4%63.9%23.8%0.0%0.0%-37.9%0248.0K01.048.46N/AN/A57591,799708
2018-08-22$3.52$10.00138.8%39.8%52.0%24.5%0.0%0.0%-39.0%0249.6K01.239.35N/AN/A48591,826708
2018-08-23$3.40$10.00145.7%41.8%51.8%27.6%0.0%0.0%-41.9%0240.8K00.9418.08N/AN/A63591,828708
2018-08-24$3.40$10.00147.9%42.4%51.8%28.6%0.0%0.0%-43.4%0241.5K02.067.41N/AN/A29591,861708
2018-08-27$3.60$10.00119.1%34.1%55.2%15.7%0.0%0.0%-46.8%0255.5K01.9359.16N/AN/A35671,863708
2018-08-28$4.08$10.00123.6%35.4%69.6%17.7%0.0%0.0%-43.7%0292.2K00.3112.01N/AN/A94291,867716
2018-08-29$3.88$10.00145.8%41.8%71.8%27.6%0.0%0.0%-48.0%0278.4K00.4214.76N/AN/A72301,925718
2018-08-30$3.72$10.00155.5%44.6%72.5%32.0%0.0%0.0%-52.4%0266.7K00.417.59N/AN/A73301,943721
2018-08-31$3.96$10.00149.5%42.9%76.5%29.3%0.0%0.0%-51.8%0285.5K00.3165.77N/AN/A97301,945721