MARA Options History — February 2020

In February 2020, MARA traded between $0.85 and $1.28. ATM implied volatility averaged 154.2%, placing in the 52.9% IV rank vs the trailing year. The 30-day expected move averaged 43.9%. IV traded above realized volatility by 73.4% (HV 20d: 80.8%). Max pain ranged from $2.50 to $2.50. Net GEX was positive for 2 of 19 trading days. Term structure was in contango for 11 of 19 days. Put/call ratio averaged 0.03.

Notable Days

  • 2020-02-12: Highest Volume — 139 contracts
  • 2020-02-11: Largest IV spike — 51.8% change
  • 2020-02-03: Highest IV Rank — 69.5%
  • 2020-02-03: Largest Expected Move — 55.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$1.08$0.85$1.28$1.02$0.85
Max Pain$2.50$2.50$2.50$2.50$2.50
ATM IV154.2%120.1%193.9%193.9%172.2%
Expected Move43.9%34.4%55.6%55.6%49.4%
HV 20d80.8%70.1%93.5%93.5%84.1%
HV 60d90.2%79.3%95.9%91.2%81.3%
IV Rank52.9%38.7%69.5%69.5%60.4%
IV Percentile63.3%20.6%96.4%96.4%86.1%
Term Structure7.8%-95.7%47.1%-95.7%33.2%
Bid-Ask Spread %30.3210.23120.9877.91120.98
Gamma HHI0.990.911.000.911.00
Net GEX406160
Net DEX11.5K5.9K14.2K9.8K9.5K
Net VEX-3-440-60
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.030.000.500.000.00
Total Volume25.105013932
Total OI1,538.4741,3841,6641,3841,664

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2020-02-03$1.02$2.50193.9%55.6%93.5%69.5%0.0%0.0%-95.7%69.8K-60.0077.91N/AN/A301,277107
2020-02-04$1.01$2.50163.1%46.7%93.5%56.6%0.0%0.0%-39.3%010.8K00.0079.39N/AN/A101,279107
2020-02-05$1.13$2.50185.8%53.3%91.3%66.1%0.0%0.0%8.5%012.1K00.0027.09N/AN/A5501,278107
2020-02-06$1.11$2.50152.4%43.7%70.1%52.2%0.0%0.0%34.5%011.9K00.0011.73N/AN/A1401,300107
2020-02-07$1.15$2.50157.2%39.9%70.7%54.2%0.0%0.0%42.4%012.3K00.0019.26N/AN/A1001,305107
2020-02-10$1.12$2.50120.1%34.4%71.8%38.7%0.0%0.0%29.2%012.0K00.0015.58N/AN/A1601,301107
2020-02-11$1.17$2.50182.4%51.6%71.1%64.7%0.0%0.0%-57.2%615.9K-440.0010.23N/AN/A3901,317107
2020-02-12$1.28$2.50120.9%34.7%71.9%39.0%0.0%0.0%17.2%013.7K00.0510.80N/AN/A13361,353107
2020-02-13$1.25$2.50138.5%39.7%72.6%46.4%0.0%0.0%1.7%014.1K00.0014.79N/AN/A8101,485113
2020-02-14$1.26$2.50140.9%40.4%72.3%47.4%0.0%0.0%8.9%014.2K00.0012.23N/AN/A301,512113
2020-02-18$1.16$2.50149.7%42.9%79.4%51.0%0.0%0.0%47.1%013.1K00.0020.23N/AN/A701,514113
2020-02-19$1.06$2.50156.2%44.8%85.1%53.8%0.0%0.0%41.4%012.0K00.5017.29N/AN/A211,521113
2020-02-20$1.03$2.50156.7%44.9%85.9%54.0%0.0%0.0%37.5%011.7K00.0018.25N/AN/A2401,521114
2020-02-21$1.03$2.50159.4%45.7%84.4%55.1%0.0%0.0%33.2%011.6K00.0521.22N/AN/A2011,511113
2020-02-24$0.98$2.50138.5%39.7%85.6%46.4%0.0%0.0%0.0%011.0K00.0015.18N/AN/A3201,513112
2020-02-25$0.98$2.50141.4%40.5%83.5%47.6%0.0%0.0%0.0%011.0K00.0036.02N/AN/A1101,525112
2020-02-26$0.97$2.50145.8%41.8%83.5%49.4%0.0%0.0%0.0%010.9K00.0023.27N/AN/A001,536112
2020-02-27$0.93$2.50154.9%44.4%84.4%53.2%0.0%0.0%0.0%010.4K00.0024.63N/AN/A1601,536112
2020-02-28$0.85$2.50172.2%49.4%84.1%60.4%0.0%0.0%0.0%09.5K00.00120.98N/AN/A201,552112