MARA Options History — September 2021

In September 2021, MARA traded between $30.77 and $43.78. ATM implied volatility averaged 99.2%, placing in the 3.8% IV rank vs the trailing year. The 30-day expected move averaged 28.2%. IV traded above realized volatility by 14.3% (HV 20d: 84.9%). Max pain ranged from $30.00 to $37.00. Net GEX was positive for 20 of 21 trading days. Term structure was in contango for 21 of 21 days. Put/call ratio averaged 0.54.

Notable Days

  • 2021-09-03: Highest Volume — 188,824 contracts
  • 2021-09-20: Largest IV spike — 10.9% change
  • 2021-09-07: Highest IV Rank — 9.3%
  • 2021-09-07: Largest Expected Move — 32.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$36.49$30.77$43.78$41.33$31.81
Max Pain$35.48$30.00$37.00$30.00$35.00
ATM IV99.2%88.2%111.9%106.2%88.2%
Expected Move28.2%24.1%32.3%28.4%24.1%
HV 20d84.9%74.2%91.2%85.0%83.0%
HV 60d87.8%85.0%90.1%86.8%90.1%
IV Rank3.8%0.0%9.3%6.8%0.0%
IV Percentile4.8%0.0%20.6%11.9%0.0%
Term Structure1.9%0.1%3.1%1.6%1.9%
VWIV100.1%86.4%114.4%101.4%86.4%
Skew 25d-0.0%-6.6%4.7%-5.2%3.3%
Skew 10d1.7%-10.5%8.8%-0.3%7.0%
Call IV 25d101.8%88.4%120.2%111.5%88.8%
Put IV 25d101.7%92.1%113.6%106.3%92.1%
Bid-Ask Spread %3.232.524.343.833.54
Gamma HHI0.080.040.230.090.05
Net GEX4.4M-2.2M12.3M8.9M670.9K
Net DEX-410.1M-847.8M-146.7M-697.8M-177.8M
Net VEX-2.3M-2.6M-1.9M-2.5M-1.9M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.540.270.850.450.50
Total Volume94,202.23853,104188,824126,30268,720
Total OI494,301.571414,748566,721507,590478,890

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-09-01$41.33$30.00106.2%28.4%85.0%6.8%101.4%-5.2%1.6%8.9M-697.8M-2.5M0.453.83N/AN/A87,37038,932332,998174,592
2021-09-02$42.36$34.00104.3%31.1%82.5%5.9%109.9%-4.9%2.8%9.9M-762.9M-2.6M0.542.88N/AN/A90,17248,643341,760182,985
2021-09-03$43.78$35.00105.7%31.6%74.2%6.6%111.0%-5.6%3.0%12.3M-847.8M-2.6M0.442.71N/AN/A130,75158,073348,026190,289
2021-09-07$39.47$35.00111.9%32.3%82.9%9.3%114.4%-6.6%0.1%5.5M-560.5M-2.4M0.682.52N/AN/A106,94073,201313,607157,807
2021-09-08$37.23$35.00109.9%31.9%85.4%8.4%113.5%-5.3%0.9%4.0M-447.5M-2.3M0.512.96N/AN/A64,32032,973330,669166,996
2021-09-09$39.07$36.00101.8%29.7%86.8%4.8%105.6%-2.6%1.8%4.3M-507.1M-2.5M0.432.62N/AN/A77,37733,398354,946196,921
2021-09-10$35.91$37.00102.0%29.6%91.2%4.9%105.7%-3.1%2.4%-2.2M-331.2M-2.3M0.612.74N/AN/A62,95938,131364,903201,818
2021-09-13$35.57$37.00102.8%29.6%90.4%5.3%105.3%-0.7%2.5%3.4M-364.2M-2.2M0.512.98N/AN/A51,09026,112326,850171,850
2021-09-14$34.66$37.00102.2%29.4%91.0%5.0%104.8%0.6%1.5%2.5M-312.7M-2.2M0.432.92N/AN/A46,03019,628334,719180,291
2021-09-15$37.10$37.00100.3%28.8%87.8%4.2%101.2%0.2%0.9%5.6M-434.6M-2.3M0.272.86N/AN/A75,25020,563345,835184,943
2021-09-16$36.45$36.0096.8%27.6%88.2%2.6%97.7%0.7%2.3%6.1M-409.0M-2.3M0.392.70N/AN/A47,13418,233357,577187,745
2021-09-17$35.82$36.0093.6%26.6%88.5%1.3%94.5%1.0%2.8%2.2M-366.3M-2.2M0.654.34N/AN/A39,73925,949366,032192,898
2021-09-20$33.62$36.00103.8%29.5%84.0%5.8%104.3%3.1%1.5%2.5M-275.1M-2.1M0.633.61N/AN/A52,05332,537278,522136,226
2021-09-21$33.41$36.0097.1%27.4%83.1%2.8%97.2%4.7%1.9%1.8M-247.6M-2.0M0.594.34N/AN/A37,43121,996283,825143,752
2021-09-22$36.14$36.0095.1%26.8%86.8%1.9%93.8%3.6%2.2%4.5M-359.0M-2.2M0.493.81N/AN/A59,59929,257296,752153,845
2021-09-23$37.50$35.0090.9%25.2%87.7%0.1%90.1%3.5%3.1%6.9M-433.5M-2.3M0.752.92N/AN/A44,46933,454304,849159,118
2021-09-24$36.18$36.0089.9%24.8%86.1%0.0%88.0%4.2%2.5%7.0M-374.1M-2.2M0.853.40N/AN/A51,71043,775319,520163,997
2021-09-27$35.30$35.0091.6%25.0%76.8%0.8%89.9%1.3%2.4%3.7M-324.3M-2.2M0.502.91N/AN/A35,37317,731290,305142,817
2021-09-28$32.85$35.0096.4%26.6%79.9%2.8%95.2%2.7%2.1%1.9M-233.0M-2.0M0.604.27N/AN/A37,76822,663299,352153,963
2021-09-29$30.77$36.0092.9%25.5%82.2%1.3%91.7%4.4%1.0%466.2K-146.7M-1.9M0.432.97N/AN/A53,82022,923309,239158,304
2021-09-30$31.81$35.0088.2%24.1%83.0%0.0%86.4%3.3%1.9%670.9K-177.8M-1.9M0.503.54N/AN/A45,88022,840315,695163,195