MARA Options History — July 2019

In July 2019, MARA traded between $2.12 and $2.85. ATM implied volatility averaged 147.6%, placing in the 43.7% IV rank vs the trailing year. The 30-day expected move averaged 42.3%. IV traded above realized volatility by 37.3% (HV 20d: 110.3%). Max pain ranged from $2.50 to $2.50. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 9 of 22 days. Put/call ratio averaged 0.55.

Notable Days

  • 2019-07-26: Highest Volume — 940 contracts
  • 2019-07-23: Largest IV spike — 29.1% change
  • 2019-07-25: Highest IV Rank — 49.5%
  • 2019-07-25: Largest Expected Move — 46.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$2.39$2.12$2.85$2.68$2.12
Max Pain$2.50$2.50$2.50$2.50$2.50
ATM IV147.6%124.5%162.7%133.3%142.9%
Expected Move42.3%35.7%46.7%38.2%41.0%
HV 20d110.3%30.5%141.7%141.7%30.5%
HV 60d115.4%107.1%139.4%139.4%107.1%
IV Rank43.7%34.8%49.5%38.2%41.9%
IV Percentile41.2%11.5%63.9%21.8%33.3%
Term Structure0.1%-62.8%73.3%33.3%-54.9%
VWIV140.1%105.0%169.1%133.4%146.7%
Bid-Ask Spread %42.4918.2078.1678.1675.90
Gamma HHI0.730.501.000.660.83
Net GEX2.0K2954.4K1.8K2.3K
Net DEX-130.9K-257.3K-51.9K-211.8K-137.5K
Net VEX-891-1.3K0-954-1.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.550.003.730.050.03
Total Volume178.545594022771
Total OI3,695.4093,0954,2223,3464,134

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-07-01$2.68$2.50133.3%38.2%141.7%38.2%133.4%0.0%33.3%1.8K-211.8K-9540.0578.16N/AN/A217102,954392
2019-07-02$2.85$2.50131.5%37.7%135.6%37.5%108.0%0.0%43.1%1.2K-163.7K-840.4650.14N/AN/A89413,014402
2019-07-03$2.77$2.50146.8%42.1%136.4%43.3%0.0%0.0%1.5%295-191.1K01.5947.18N/AN/A29463,082415
2019-07-05$2.76$2.50138.7%36.2%130.0%40.2%0.0%0.0%-16.4%789-192.6K01.5962.65N/AN/A29463,090423
2019-07-08$2.75$2.50148.0%43.9%128.1%43.8%0.0%0.0%-62.8%1.6K-178.0K-4860.0242.97N/AN/A5713,093423
2019-07-09$2.70$2.50157.9%46.0%127.8%47.6%0.0%0.0%-20.4%3.1K-257.3K-1.3K0.0245.52N/AN/A8623,190422
2019-07-10$2.62$2.50148.9%42.7%128.2%44.2%136.8%0.0%-23.0%3.4K-211.9K-1.3K0.0518.20N/AN/A288143,193422
2019-07-11$2.51$2.50134.8%38.6%129.7%38.8%127.5%0.0%5.9%3.4K-175.9K-1.2K0.1528.76N/AN/A181273,309434
2019-07-12$2.45$2.50153.2%43.9%127.5%45.8%143.9%0.0%-12.7%3.3K-149.4K-1.1K0.0622.39N/AN/A305193,427446
2019-07-15$2.38$2.50156.3%44.8%127.6%47.0%105.0%0.0%-9.5%4.4K-145.5K-1.1K0.0220.33N/AN/A5613,559461
2019-07-16$2.25$2.50158.3%45.4%128.5%47.8%113.3%0.0%-26.7%1.7K-77.4K-9840.0023.10N/AN/A20813,580460
2019-07-17$2.21$2.50161.7%46.4%128.4%49.1%115.1%0.0%-10.8%1.6K-62.9K-9370.0423.10N/AN/A4523,695460
2019-07-18$2.25$2.50149.3%42.8%127.7%44.3%148.4%0.0%-14.7%1.8K-51.9K-9040.8018.75N/AN/A104833,699460
2019-07-19$2.22$2.50143.6%41.2%126.5%42.1%143.7%0.0%17.7%1.5K-54.6K-9401.0218.45N/AN/A96983,702520
2019-07-22$2.14$2.50124.5%35.7%127.0%34.8%168.9%0.0%73.3%1.6K-89.1K-9451.3061.53N/AN/A10132,710385
2019-07-23$2.13$2.50160.8%46.1%115.9%48.7%161.3%0.0%-21.3%1.3K-62.2K-8323.7325.33N/AN/A11412,714398
2019-07-24$2.16$2.50155.4%44.6%113.9%46.7%157.2%0.0%-15.2%1.5K-65.4K-8640.2339.33N/AN/A178412,724398
2019-07-25$2.15$2.50162.7%46.7%78.3%49.5%162.6%0.0%-18.0%1.7K-76.5K-8760.1228.91N/AN/A342412,922398
2019-07-26$2.12$2.50134.1%38.4%51.3%38.5%169.1%0.0%42.0%1.7K-75.6K-9050.0764.33N/AN/A882583,122398
2019-07-29$2.13$2.50152.4%43.7%44.8%45.5%0.0%0.0%45.6%2.2K-130.7K-1.3K0.6768.62N/AN/A323,723410
2019-07-30$2.15$2.50151.8%43.5%40.8%45.3%0.0%0.0%45.4%2.2K-117.8K-1.2K0.0471.18N/AN/A5223,726410
2019-07-31$2.12$2.50142.9%41.0%30.5%41.9%146.7%0.0%-54.9%2.3K-137.5K-1.3K0.0375.90N/AN/A6923,724410