MARA Options History — May 2019

In May 2019, MARA traded between $2.74 and $3.59. ATM implied volatility averaged 129.7%, placing in the 36.6% IV rank vs the trailing year. The 30-day expected move averaged 40.9%. IV traded above realized volatility by 5.1% (HV 20d: 124.6%). Max pain ranged from $2.50 to $2.50. Net GEX was positive for 13 of 22 trading days. Term structure was in contango for 10 of 22 days. Put/call ratio averaged 0.32.

Notable Days

  • 2019-05-13: Highest Volume — 1,256 contracts
  • 2019-05-10: Largest IV spike — 190.7% change
  • 2019-05-23: Highest IV Rank — 56.1%
  • 2019-05-23: Largest Expected Move — 51.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$2.98$2.74$3.59$2.82$2.74
Max Pain$2.50$2.50$2.50$2.50$2.50
ATM IV129.7%33.8%180.1%117.5%125.6%
Expected Move40.9%33.2%51.6%33.7%36.0%
HV 20d124.6%85.6%180.7%180.7%111.3%
HV 60d140.5%127.4%163.9%163.9%128.9%
IV Rank36.6%0.0%56.1%31.3%35.2%
IV Percentile25.8%0.0%76.2%4.4%12.3%
Term Structure-5.9%-102.2%67.5%32.3%33.4%
VWIV164.9%153.1%186.4%154.9%157.2%
Bid-Ask Spread %57.3534.43109.8639.8670.55
Gamma HHI0.820.501.000.590.85
Net GEX494-4132.2K-2011.0K
Net DEX-133.4K-207.9K-50.9K-50.9K-157.8K
Net VEX-374-8140-59-772
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.320.001.740.330.06
Total Volume187.13691,256100193
Total OI2,107.5451,4562,9651,4562,493

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-05-01$2.82$2.50117.5%33.7%180.7%31.3%154.9%0.0%32.3%-201-50.9K-590.3339.86N/AN/A75251,132324
2019-05-02$2.86$2.50126.2%36.2%171.7%34.6%186.4%0.0%67.5%-94-58.8K-640.2663.53N/AN/A97251,149324
2019-05-03$2.93$2.50127.9%36.7%162.8%35.3%177.0%0.0%32.8%-21-72.4K-1550.09109.86N/AN/A257221,150324
2019-05-06$2.96$2.5093.9%50.5%150.8%22.1%0.0%0.0%-32.3%-413-68.3K-250.0069.95N/AN/A901,237325
2019-05-07$2.84$2.50164.3%42.4%150.6%49.4%160.9%0.0%-48.4%732-108.7K-5850.4941.90N/AN/A61301,232325
2019-05-08$2.94$2.5059.8%41.9%148.2%8.8%0.0%0.0%-41.5%-20-74.6K00.0877.47N/AN/A5241,271325
2019-05-09$2.82$2.5033.8%45.9%96.5%0.0%0.0%0.0%-15.9%0-71.6K00.3163.56N/AN/A1341,271325
2019-05-10$2.86$2.5098.3%45.7%85.6%24.7%0.0%0.0%-29.7%-391-73.2K-1100.5989.39N/AN/A51301,274325
2019-05-13$3.59$2.50175.4%50.3%119.0%54.3%0.0%0.0%-42.4%719-188.0K-6330.1142.51N/AN/A1,1301261,274325
2019-05-14$3.20$2.50167.1%33.2%123.6%51.2%0.0%0.0%52.8%872-207.9K-7870.1273.16N/AN/A527612,203438
2019-05-15$3.25$2.50130.2%37.3%123.3%37.0%0.0%0.0%10.7%962-200.2K-7720.0042.75N/AN/A5102,400442
2019-05-16$3.27$2.50123.7%35.5%119.1%34.5%0.0%0.0%7.3%1.0K-204.6K-8140.0752.78N/AN/A206152,440442
2019-05-17$2.99$2.50145.2%41.6%113.4%42.7%0.0%0.0%0.5%447-155.9K-3410.1534.43N/AN/A116172,524441
2019-05-20$3.08$2.50133.3%38.2%114.0%38.2%0.0%0.0%54.5%462-163.8K-3410.1437.02N/AN/A70101,909239
2019-05-21$3.03$2.50153.9%44.1%113.9%46.1%153.1%0.0%-102.2%2.2K-186.0K-5700.6042.09N/AN/A1591,946249
2019-05-22$2.96$2.50116.4%33.4%112.4%31.7%0.0%0.0%-21.8%0-132.6K00.0344.48N/AN/A5821,956258
2019-05-23$2.82$2.50180.1%51.6%112.3%56.1%0.0%0.0%-21.3%483-134.3K-4321.7451.68N/AN/A581011,997259
2019-05-24$2.96$2.50152.4%43.7%107.9%45.5%0.0%0.0%-33.1%0-132.6K01.1835.50N/AN/A34401,997394
2019-05-28$2.90$2.50157.1%45.0%107.7%47.3%157.2%0.0%-22.5%1.8K-161.3K-5920.0338.52N/AN/A16052,026395
2019-05-29$2.81$2.50146.2%41.9%107.8%43.1%0.0%0.0%-13.4%881-166.5K-7820.4576.33N/AN/A44202,116390
2019-05-30$2.94$2.50124.7%35.7%108.5%34.9%0.0%0.0%4.0%459-163.8K-3840.2064.37N/AN/A244502,100400
2019-05-31$2.74$2.50125.6%36.0%111.3%35.2%0.0%0.0%33.4%1.0K-157.8K-7720.0670.55N/AN/A182112,057436