MARA Options History — July 2020

In July 2020, MARA traded between $0.90 and $2.07. ATM implied volatility averaged 249.5%, placing in the 68.1% IV rank vs the trailing year. The 30-day expected move averaged 71.5%. IV traded above realized volatility by 108.3% (HV 20d: 141.2%). Max pain ranged from $2.50 to $2.50. Net GEX was positive for 8 of 22 trading days. Term structure was in contango for 4 of 22 days. Put/call ratio averaged 0.23.

Notable Days

  • 2020-07-27: Highest Volume — 15,263 contracts
  • 2020-07-24: Largest IV spike — 191.0% change
  • 2020-07-31: Highest IV Rank — 92.6%
  • 2020-07-31: Largest Expected Move — 96.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$1.13$0.90$2.07$0.95$2.07
Max Pain$2.50$2.50$2.50$2.50$2.50
ATM IV249.5%111.8%338.1%178.1%338.1%
Expected Move71.5%32.0%96.9%51.1%96.9%
HV 20d141.2%83.7%213.3%213.3%147.9%
HV 60d182.9%178.0%192.5%180.8%192.5%
IV Rank68.1%30.1%92.6%48.4%92.6%
IV Percentile82.2%11.9%97.2%76.6%97.2%
Term Structure-12.7%-73.5%137.6%75.4%-58.8%
VWIV328.0%313.7%342.2%313.7%342.2%
Bid-Ask Spread %20.076.7346.2325.0218.50
Gamma HHI0.830.571.000.620.66
Net GEX1.8K014.2K014.2K
Net DEX-305.5K-2.5M57.6K11.8K-2.5M
Net VEX-1.3K-7.6K00-7.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.230.002.020.000.02
Total Volume3,061.0918815,26322613,616
Total OI12,879.4557,67124,95210,68424,742

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2020-07-01$0.95$2.50178.1%51.1%213.3%48.4%0.0%0.0%75.4%011.8K00.0025.02N/AN/A226010,560124
2020-07-02$0.91$2.50191.2%54.8%203.5%52.0%0.0%0.0%90.5%1.2K-193.3K-1.1K0.007.12N/AN/A181010,550124
2020-07-06$0.93$2.50237.7%68.1%200.0%64.8%0.0%0.0%-67.7%011.5K00.7530.59N/AN/A28921710,633124
2020-07-07$0.90$2.50294.4%84.4%198.2%80.5%0.0%0.0%-43.6%997-218.5K-1.2K0.0046.23N/AN/A150010,754284
2020-07-08$1.01$2.50153.5%44.0%202.2%41.6%0.0%0.0%-33.2%028.7K00.0132.30N/AN/A437410,853284
2020-07-09$0.93$2.50290.9%83.4%166.4%79.5%0.0%0.0%-34.9%026.6K00.0026.41N/AN/A213011,077286
2020-07-10$0.94$2.50313.1%89.8%124.7%85.7%0.0%0.0%-52.6%026.9K00.6922.22N/AN/A523611,229286
2020-07-13$0.91$2.50279.6%80.2%125.1%76.4%0.0%0.0%-8.2%029.3K00.049.63N/AN/A2591011,237322
2020-07-14$0.90$2.50283.5%81.3%124.8%77.5%0.0%0.0%-27.0%029.9K00.246.73N/AN/A2596211,153332
2020-07-15$0.91$2.50229.2%65.7%124.7%62.5%0.0%0.0%-8.6%035.8K02.028.63N/AN/A5511111,126393
2020-07-16$0.91$2.50228.4%65.5%123.0%62.3%0.0%0.0%-23.6%036.1K00.196.86N/AN/A2124011,098397
2020-07-17$0.90$2.50239.1%68.6%122.4%65.2%0.0%0.0%-1.8%039.1K00.028.09N/AN/A8701911,082434
2020-07-20$0.92$2.50117.1%33.6%122.6%31.6%0.0%0.0%107.1%040.0K00.8112.30N/AN/A1231007,236435
2020-07-21$0.95$2.50246.1%70.5%83.7%67.2%0.0%0.0%-44.8%050.8K00.008.50N/AN/A88707,301535
2020-07-22$1.04$2.50175.7%50.4%90.3%47.7%0.0%0.0%-73.5%055.6K00.0026.39N/AN/A1,75807,545535
2020-07-23$0.96$2.50111.8%32.0%83.8%30.1%0.0%0.0%137.6%151.4K00.019.90N/AN/A2,486198,326535
2020-07-24$1.04$2.50325.3%93.3%88.6%89.0%0.0%0.0%-20.7%057.6K00.0122.00N/AN/A4,405579,696554
2020-07-27$1.38$2.50328.4%94.1%127.1%89.9%0.0%0.0%-49.6%2.3K-492.2K-2.5K0.0521.72N/AN/A14,47878512,610627
2020-07-28$1.72$2.50332.2%95.2%144.2%90.9%0.0%0.0%-61.7%3.2K-863.1K-4.1K0.0733.73N/AN/A12,52181818,5661,306
2020-07-29$1.79$2.50312.2%89.5%144.1%85.4%313.7%0.0%-52.0%11.9K-1.9M-6.8K0.0531.89N/AN/A7,56536721,2051,900
2020-07-30$1.78$2.50283.3%81.2%144.8%77.4%0.0%0.0%-27.0%5.4K-1.1M-5.4K0.0326.81N/AN/A3,55510222,7982,154
2020-07-31$2.07$2.50338.1%96.9%147.9%92.6%342.2%0.0%-58.8%14.2K-2.5M-7.6K0.0218.50N/AN/A13,32828822,5462,196