MARA Options History — April 2019

In April 2019, MARA traded between $2.28 and $3.72. ATM implied volatility averaged 135.3%, placing in the 38.0% IV rank vs the trailing year. The 30-day expected move averaged 39.1%. IV traded below realized volatility by 22.9% (HV 20d: 158.2%). Max pain ranged from $2.50 to $5.00. Net GEX was positive for 12 of 20 trading days. Term structure was in contango for 5 of 20 days. Put/call ratio averaged 0.41.

Notable Days

  • 2019-04-12: Highest Volume — 681 contracts
  • 2019-04-22: Largest IV spike — 61.2% change
  • 2019-04-10: Highest IV Rank — 63.1%
  • 2019-04-10: Largest Expected Move — 57.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$3.01$2.28$3.72$2.28$2.91
Max Pain$2.69$2.50$5.00$5.00$2.50
ATM IV135.3%81.5%199.4%155.7%118.3%
Expected Move39.1%23.4%57.2%44.6%33.9%
HV 20d158.2%80.4%185.9%80.4%181.2%
HV 60d157.1%136.2%165.1%136.2%163.9%
IV Rank38.0%17.3%63.1%44.1%31.6%
IV Percentile20.6%0.8%88.5%36.1%4.8%
Term Structure-16.6%-105.1%44.3%-32.2%44.3%
VWIV124.7%46.7%164.7%162.9%164.7%
Bid-Ask Spread %85.2911.56159.3428.7035.67
Gamma HHI0.840.501.000.970.50
Net GEX40802.4K021
Net DEX-115.9K-454.4K13.7K8.6K-68.1K
Net VEX-198-70500-149
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.410.002.550.270.38
Total Volume198.651681190
Total OI1,086.753141,9473141,454

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-04-01$2.28$0.00155.7%44.6%80.4%44.1%0.0%0.0%0.0%08.6K00.0028.70N/AN/A0127638
2019-04-02$2.68$0.00140.6%40.3%98.3%38.5%0.0%0.0%0.0%010.4K00.2711.56N/AN/A24627639
2019-04-03$3.12$0.00126.8%36.3%108.6%34.4%0.0%0.0%-32.2%013.7K00.1077.16N/AN/A65628944
2019-04-04$2.64$0.00145.4%41.7%124.0%41.6%0.0%0.0%-12.2%011.6K01.7374.37N/AN/A4732044
2019-04-05$2.52$0.00152.1%43.6%125.0%44.7%0.0%0.0%-39.9%011.1K00.4773.41N/AN/A15732344
2019-04-09$2.74$0.00125.5%41.2%127.9%34.4%0.0%0.0%-17.3%1.2K-240.1K-7050.08130.15N/AN/A6151,293176
2019-04-10$3.72$0.00199.4%57.2%166.5%63.1%162.9%0.0%-85.7%2.4K-373.1K-5760.0989.17N/AN/A598551,29751
2019-04-11$3.25$5.00151.6%43.5%174.6%44.5%0.0%0.0%-105.1%946-315.3K-3520.1996.90N/AN/A505941,362103
2019-04-12$3.33$2.50123.4%35.4%174.5%33.6%121.3%0.0%6.7%263-454.4K-350.17131.13N/AN/A584971,810137
2019-04-15$3.10$2.50133.3%38.2%177.3%37.4%0.0%0.0%-17.5%0-192.8K00.09107.28N/AN/A313271,314137
2019-04-16$3.19$2.50131.8%37.8%177.4%36.8%136.8%0.0%-13.2%275-176.3K-380.33133.16N/AN/A261871,286162
2019-04-17$2.93$2.50133.4%38.2%180.7%37.4%138.0%0.0%-17.0%104-37.0K-470.21159.34N/AN/A29763864225
2019-04-18$3.35$2.5081.5%23.4%185.9%17.3%46.7%0.0%16.3%0-50.2K02.55132.14N/AN/A3897877239
2019-04-22$3.32$2.50131.3%37.6%185.8%36.6%0.0%0.0%-15.8%654-103.1K-5220.0089.33N/AN/A800854218
2019-04-23$3.37$2.50156.0%44.7%183.2%46.2%0.0%0.0%-30.0%639-88.1K-4580.0058.61N/AN/A1050874218
2019-04-24$3.18$2.5099.9%28.6%174.4%24.4%102.4%0.0%38.3%879-88.0K-5400.29101.48N/AN/A3410946218
2019-04-25$3.02$2.50133.1%38.2%176.3%37.3%0.0%0.0%19.3%15-53.3K-80.1546.57N/AN/A274976227
2019-04-26$2.74$2.50120.3%34.5%181.2%32.4%0.0%0.0%-24.6%820-79.9K-5310.7142.01N/AN/A137971,094227
2019-04-29$2.83$2.50147.3%42.2%181.3%42.9%0.0%0.0%-12.1%0-52.6K00.0087.60N/AN/A7201,085318
2019-04-30$2.91$2.50118.3%33.9%181.2%31.6%164.7%0.0%44.3%21-68.1K-1490.3835.67N/AN/A65251,136318