MARA Options History — August 2021

In August 2021, MARA traded between $27.03 and $40.56. ATM implied volatility averaged 107.5%, placing in the 7.2% IV rank vs the trailing year. The 30-day expected move averaged 30.7%. IV traded above realized volatility by 9.5% (HV 20d: 97.9%). Max pain ranged from $27.00 to $30.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 14 of 22 days. Put/call ratio averaged 0.42.

Notable Days

  • 2021-08-06: Highest Volume — 239,740 contracts
  • 2021-08-11: Largest IV drop — 6.4% change
  • 2021-08-09: Highest IV Rank — 13.0%
  • 2021-08-09: Largest Expected Move — 34.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$34.31$27.03$40.56$28.09$40.46
Max Pain$29.14$27.00$30.00$27.00$30.00
ATM IV107.5%100.8%120.2%111.1%104.7%
Expected Move30.7%28.0%34.4%31.7%28.5%
HV 20d97.9%78.6%109.1%96.5%85.9%
HV 60d89.0%84.5%99.8%99.5%87.1%
IV Rank7.2%4.4%13.0%7.6%6.1%
IV Percentile8.6%1.2%18.7%12.3%7.9%
Term Structure1.0%-2.0%4.2%-2.0%2.6%
VWIV110.0%100.0%124.2%113.0%102.0%
Skew 25d-4.6%-9.7%-0.4%-6.0%-4.2%
Skew 10d-2.9%-10.1%4.3%-2.0%2.9%
Call IV 25d113.3%105.5%126.8%116.6%110.9%
Put IV 25d108.6%101.8%119.1%110.6%106.8%
Bid-Ask Spread %3.642.735.403.783.07
Gamma HHI0.100.050.410.050.08
Net GEX6.5M2.6M15.4M2.9M7.2M
Net DEX-477.6M-743.6M-217.8M-250.1M-638.7M
Net VEX-2.1M-2.5M-1.7M-1.7M-2.5M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.420.200.580.200.50
Total Volume125,369.18260,300239,740123,99690,735
Total OI479,957.045412,271528,093412,271482,188

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-08-02$28.09$27.00111.1%31.7%96.5%7.6%113.0%-6.0%-2.0%2.9M-250.1M-1.7M0.203.78N/AN/A103,15420,842277,474134,797
2021-08-03$27.03$27.00111.3%32.0%97.1%7.7%114.1%-4.3%-0.7%2.6M-217.8M-1.7M0.264.65N/AN/A59,58215,455297,703139,652
2021-08-04$28.53$27.00112.7%32.2%98.7%9.6%114.7%-6.7%-0.6%6.0M-303.1M-1.8M0.343.06N/AN/A63,84521,991325,154146,138
2021-08-05$30.72$28.00114.0%32.8%101.4%10.2%116.8%-4.3%-1.3%8.5M-432.4M-1.9M0.483.09N/AN/A93,04744,924330,069151,529
2021-08-06$34.45$28.00116.5%33.8%108.4%11.3%121.1%-0.4%-1.6%6.6M-641.8M-2.1M0.403.29N/AN/A170,84168,899338,921156,605
2021-08-09$36.40$28.00120.2%34.4%109.1%13.0%124.2%-7.7%-0.4%5.6M-600.7M-2.2M0.443.50N/AN/A138,31160,263302,291138,527
2021-08-10$35.61$28.00113.6%33.1%107.7%10.0%121.6%-9.7%1.5%6.0M-575.1M-2.2M0.502.73N/AN/A62,65131,384315,359152,425
2021-08-11$35.30$29.00106.3%31.1%104.9%6.8%110.7%-7.1%1.1%6.8M-549.0M-2.2M0.483.26N/AN/A66,52232,211336,492167,326
2021-08-12$33.92$29.00101.9%29.8%106.5%4.9%106.6%-4.4%2.1%6.0M-462.7M-2.1M0.363.03N/AN/A65,86023,982338,931169,666
2021-08-13$32.90$30.00101.7%29.6%105.5%4.8%106.8%-5.5%1.5%5.1M-396.5M-2.0M0.283.14N/AN/A115,82332,118346,966176,177
2021-08-16$33.28$30.00104.5%30.0%102.4%6.0%109.2%-4.0%-0.0%4.7M-401.7M-2.0M0.443.20N/AN/A47,37520,811305,419151,024
2021-08-17$30.57$30.00105.9%30.4%109.0%6.6%109.5%-2.9%-0.4%3.5M-288.2M-1.9M0.403.89N/AN/A54,30421,795320,841156,821
2021-08-18$31.08$30.00104.6%30.0%104.6%6.1%107.2%-3.0%0.5%3.5M-303.1M-1.9M0.434.05N/AN/A42,17518,125330,674165,149
2021-08-19$31.80$30.00108.0%30.9%104.6%7.6%110.0%-2.6%2.7%4.6M-343.6M-2.0M0.285.40N/AN/A85,16723,787336,926170,264
2021-08-20$35.22$30.00106.8%30.3%108.4%7.1%108.1%-3.0%4.2%13.7M-540.2M-2.2M0.424.15N/AN/A157,99866,521343,882174,574
2021-08-23$36.32$30.00108.1%30.8%88.0%7.6%110.2%-4.5%2.1%5.4M-501.8M-2.3M0.424.36N/AN/A123,57452,160294,226134,013
2021-08-24$37.87$30.00102.6%29.2%79.3%5.2%104.8%-2.3%1.9%6.7M-573.3M-2.3M0.583.72N/AN/A69,33740,234307,965142,771
2021-08-25$38.36$30.00101.6%28.5%78.6%4.7%102.3%-3.6%2.3%9.0M-608.2M-2.4M0.533.35N/AN/A68,91136,850334,516164,707
2021-08-26$36.19$30.00100.8%28.0%81.9%4.4%100.0%-3.7%2.6%6.4M-492.7M-2.3M0.563.75N/AN/A63,08235,500344,554170,843
2021-08-27$40.24$30.00103.9%28.7%88.0%5.8%104.2%-7.3%2.7%15.4M-743.6M-2.5M0.503.66N/AN/A157,53978,318350,159177,934
2021-08-30$40.56$30.00103.3%28.8%88.1%5.5%103.6%-4.7%1.7%6.6M-643.7M-2.5M0.523.87N/AN/A73,77938,340307,529149,874
2021-08-31$40.46$30.00104.7%28.5%85.9%6.1%102.0%-4.2%2.6%7.2M-638.7M-2.5M0.503.07N/AN/A60,64830,087319,770162,418