MARA Options History — October 2020

In October 2020, MARA traded between $1.88 and $2.99. ATM implied volatility averaged 160.3%, placing in the 43.5% IV rank vs the trailing year. The 30-day expected move averaged 48.3%. IV traded above realized volatility by 67.1% (HV 20d: 93.2%). Max pain ranged from $2.00 to $2.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 15 of 22 days. Put/call ratio averaged 0.12.

Notable Days

  • 2020-10-21: Highest Volume — 19,233 contracts
  • 2020-10-14: Largest IV spike — 76.9% change
  • 2020-10-26: Highest IV Rank — 56.8%
  • 2020-10-26: Largest Expected Move — 59.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$2.32$1.88$2.99$1.94$2.14
Max Pain$2.00$2.00$2.00$2.00$2.00
ATM IV160.3%90.8%208.7%132.5%195.8%
Expected Move48.3%38.0%59.8%38.0%56.1%
HV 20d93.2%80.2%120.7%98.2%120.7%
HV 60d172.3%121.2%186.2%184.9%121.2%
IV Rank43.5%24.3%56.8%35.8%53.3%
IV Percentile43.1%2.8%80.2%16.3%74.6%
Term Structure6.3%-15.8%27.8%20.6%4.7%
VWIV175.1%132.1%209.6%132.1%202.2%
Skew 25d-29.8%-56.6%29.2%29.2%-32.6%
Skew 10d-39.6%-120.6%46.5%46.5%-18.3%
Call IV 25d185.8%108.4%231.6%108.4%207.5%
Put IV 25d156.0%123.6%193.1%137.6%174.9%
Bid-Ask Spread %16.7712.2622.0715.7812.26
Gamma HHI0.180.160.190.160.18
Net GEX56.9K39.6K82.5K39.6K54.7K
Net DEX-6.0M-10.5M-2.8M-3.0M-5.5M
Net VEX-26.7K-37.0K-18.3K-18.9K-28.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.120.040.220.120.15
Total Volume8,452.8641,67619,2331,6767,799
Total OI81,585.95568,42197,52668,42197,526

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2020-10-01$1.94$2.00132.5%38.0%98.2%35.8%132.1%29.2%20.6%39.6K-3.0M-18.9K0.1215.78N/AN/A1,50117559,8968,525
2020-10-02$1.95$2.00144.1%41.3%88.0%39.0%136.8%27.1%11.4%40.6K-3.0M-19.1K0.0813.81N/AN/A2,13316260,4978,611
2020-10-05$1.96$2.00125.1%42.8%88.0%33.8%164.0%-37.8%16.5%43.6K-3.0M-18.4K0.1118.43N/AN/A1,93822062,0808,651
2020-10-06$1.88$2.00149.6%43.8%82.2%40.5%155.6%-33.0%-0.5%40.5K-2.8M-18.3K0.1219.89N/AN/A1,54718962,2508,816
2020-10-07$1.91$2.00130.2%44.1%80.2%35.2%171.0%-41.7%3.2%42.7K-2.9M-18.3K0.0520.97N/AN/A2,34811862,5828,881
2020-10-08$2.12$2.00148.5%43.8%86.2%40.2%161.0%-40.0%15.6%49.8K-4.0M-20.6K0.1318.24N/AN/A16,3402,17162,1288,932
2020-10-09$2.14$2.00119.5%43.8%84.6%32.2%160.8%-38.3%7.5%60.0K-4.5M-22.5K0.2214.44N/AN/A4,6711,04170,2919,672
2020-10-12$2.39$2.00133.9%43.2%88.7%36.2%167.2%-42.5%21.8%48.6K-6.6M-25.6K0.1518.55N/AN/A15,6632,33672,4269,042
2020-10-13$2.33$2.0090.8%46.7%89.6%24.3%167.0%-33.0%13.7%49.0K-6.4M-26.4K0.1615.30N/AN/A6,3181,00875,41310,154
2020-10-14$2.27$2.00160.5%46.0%88.6%43.5%161.0%-27.0%8.4%47.9K-5.8M-24.6K0.1515.34N/AN/A2,69640975,80910,369
2020-10-15$2.33$2.00171.8%49.3%87.4%46.7%169.9%-18.1%-6.9%49.2K-6.2M-25.3K0.0417.06N/AN/A5,36820076,74010,684
2020-10-16$2.21$2.00153.1%43.9%89.8%41.5%162.2%-35.4%27.8%45.8K-5.6M-24.0K0.0815.67N/AN/A4,48536276,16210,861
2020-10-19$2.32$2.00166.2%47.6%88.4%45.1%176.5%-24.2%4.4%50.6K-5.3M-25.8K0.0816.87N/AN/A6,97753463,1698,407
2020-10-20$2.50$2.00164.6%47.2%90.4%44.7%179.0%-33.9%-3.1%61.9K-6.7M-28.8K0.0616.98N/AN/A7,99649766,8458,845
2020-10-21$2.85$2.00188.4%54.0%89.0%51.3%190.1%-22.0%-3.7%73.9K-9.1M-33.7K0.0915.90N/AN/A17,5681,66568,6949,054
2020-10-22$2.99$2.00187.7%53.8%89.2%51.0%195.4%-35.9%-15.8%82.5K-10.5M-36.7K0.1215.64N/AN/A13,7701,68772,55910,173
2020-10-23$2.75$2.00183.7%52.7%91.2%50.0%186.9%-36.6%3.7%79.2K-9.0M-35.2K0.1022.07N/AN/A8,02381076,76010,894
2020-10-26$2.54$2.00208.7%59.8%97.3%56.8%209.6%-56.6%-12.0%71.1K-8.3M-34.2K0.1619.49N/AN/A8,7471,40478,07611,459
2020-10-27$2.79$2.00202.6%58.1%101.5%55.2%202.9%-26.1%-10.8%82.3K-9.8M-37.0K0.1113.22N/AN/A7,03674379,21712,439
2020-10-28$2.40$2.00180.0%51.6%115.1%48.9%201.8%-48.2%14.3%69.4K-7.4M-32.5K0.1414.19N/AN/A11,4681,60481,29413,070
2020-10-29$2.33$2.00188.5%54.0%116.0%51.3%199.0%-48.4%16.8%68.0K-7.0M-32.4K0.1418.92N/AN/A12,4701,76682,99813,940
2020-10-30$2.14$2.00195.8%56.1%120.7%53.3%202.2%-32.6%4.7%54.7K-5.5M-28.8K0.1512.26N/AN/A6,7681,03182,19915,327