MARA Options History — August 2019

In August 2019, MARA traded between $1.58 and $2.11. ATM implied volatility averaged 135.2%, placing in the 38.9% IV rank vs the trailing year. The 30-day expected move averaged 40.5%. IV traded above realized volatility by 95.4% (HV 20d: 39.8%). 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 6 of 22 days. Put/call ratio averaged 1.18.

Notable Days

  • 2019-08-29: Highest Volume — 665 contracts
  • 2019-08-26: Largest IV spike — 86.3% change
  • 2019-08-26: Highest IV Rank — 56.8%
  • 2019-08-26: Largest Expected Move — 52.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$1.88$1.58$2.11$2.07$1.67
Max Pain$2.50$2.50$2.50$2.50$2.50
ATM IV135.2%97.6%181.8%165.7%114.9%
Expected Move40.5%28.0%52.1%47.5%33.0%
HV 20d39.8%28.9%57.0%30.3%57.0%
HV 60d93.8%85.5%106.9%106.9%85.5%
IV Rank38.9%24.5%56.8%50.6%31.1%
IV Percentile29.4%2.8%85.7%69.0%5.6%
Term Structure-9.7%-98.7%53.5%-19.8%-18.2%
VWIV139.7%105.8%178.2%164.1%127.6%
Bid-Ask Spread %64.2326.57110.7375.8370.32
Gamma HHI0.700.590.800.760.66
Net GEX1.5K3112.3K2.0K1.0K
Net DEX-69.0K-154.1K34.5K-109.9K-62.0K
Net VEX-899-1.3K-269-1.2K-781
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.180.007.750.020.03
Total Volume71.8180665920
Total OI4,132.6363,8324,3224,1353,832

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-08-01$2.07$2.50165.7%47.5%30.3%50.6%164.1%0.0%-19.8%2.0K-109.9K-1.2K0.0275.83N/AN/A9023,725410
2019-08-02$2.11$2.50153.6%44.0%32.4%46.0%116.5%0.0%28.2%1.9K-119.4K-9810.00105.84N/AN/A1103,704410
2019-08-05$2.09$2.50156.5%48.3%32.2%47.1%178.2%0.0%-33.8%2.3K-133.1K-1.3K0.0351.00N/AN/A10533,709410
2019-08-06$2.04$2.5099.0%43.8%32.4%25.0%164.8%0.0%13.5%2.3K-154.1K-1.3K7.7588.42N/AN/A4313,810407
2019-08-07$2.05$2.50128.3%50.7%32.5%36.3%105.8%0.0%-11.0%2.2K-139.7K-1.3K0.0059.93N/AN/A8703,808405
2019-08-08$2.10$2.50142.2%37.3%32.8%41.6%129.2%0.0%11.3%2.1K-97.4K-1.1K0.2071.54N/AN/A513,814405
2019-08-09$2.07$2.50124.1%45.4%32.4%34.6%156.9%0.0%-10.6%2.1K-142.3K-1.3K0.4541.32N/AN/A22103,816405
2019-08-12$2.03$2.50145.1%37.5%31.8%42.7%130.7%0.0%-6.5%2.3K-138.3K-1.3K1.2577.21N/AN/A60753,836395
2019-08-13$2.09$2.50113.5%36.8%28.9%30.6%128.1%0.0%1.1%1.8K-107.7K-1.2K0.0037.71N/AN/A0343,836425
2019-08-14$2.04$2.50119.4%34.2%29.4%32.9%0.0%0.0%53.5%1.5K-105.3K-1.1K0.00110.73N/AN/A5003,836439
2019-08-15$1.97$2.50133.4%38.2%30.1%38.2%0.0%0.0%-6.1%1.3K-3.1K-6980.0050.48N/AN/A003,883439
2019-08-16$1.95$2.50134.9%38.7%30.1%38.8%134.4%0.0%4.0%1.4K-41.1K-8852.0063.35N/AN/A5103,883439
2019-08-19$1.78$2.50129.4%37.1%41.4%36.7%127.6%0.0%0.0%1.2K-15.2K-6300.0369.56N/AN/A12443,648346
2019-08-20$1.74$2.50141.2%40.5%41.6%41.2%0.0%0.0%-98.7%1.3K-63.4K-8300.0360.99N/AN/A3113,657350
2019-08-21$1.67$2.50135.5%38.9%42.0%39.0%0.0%0.0%-37.9%1.1K-24.6K-6530.7526.57N/AN/A433,657350
2019-08-22$1.78$2.50166.3%47.7%50.0%50.8%0.0%0.0%0.0%1.3K-62.8K-7990.7375.42N/AN/A49363,661353
2019-08-23$1.69$2.5097.6%28.0%52.3%24.5%0.0%0.0%0.0%982-4.1K-5550.0049.82N/AN/A003,687383
2019-08-26$1.63$2.50181.8%52.1%52.6%56.8%0.0%0.0%0.0%1.1K-35.2K-7260.0062.54N/AN/A003,687383
2019-08-27$1.58$2.50117.2%33.6%52.2%32.0%0.0%0.0%0.0%964-25.0K-6486.0043.72N/AN/A5303,687400
2019-08-28$1.64$2.50155.8%44.7%55.5%46.8%0.0%0.0%-15.6%31134.5K-2690.7738.13N/AN/A13103,692400
2019-08-29$1.61$2.50119.0%34.1%55.4%32.7%0.0%0.0%-17.9%31130.8K-2800.0382.72N/AN/A645203,692404
2019-08-30$1.67$2.50114.9%33.0%57.0%31.1%0.0%0.0%-18.2%1.0K-62.0K-7810.0070.32N/AN/A003,408424