MARA Options History — October 2021

In October 2021, MARA traded between $33.18 and $54.80. ATM implied volatility averaged 101.8%, placing in the 5.9% IV rank vs the trailing year. The 30-day expected move averaged 29.7%. IV traded above realized volatility by 15.5% (HV 20d: 86.3%). Max pain ranged from $32.00 to $43.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 16 of 21 days. Put/call ratio averaged 0.47.

Notable Days

2021-10-15: Highest Volume — 337,087 contracts
2021-10-04: Largest IV spike — 7.7% change
2021-10-20: Highest IV Rank — 10.1%
2021-10-20: Largest Expected Move — 32.0%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$45.69	$33.18	$54.80	$33.18	$51.87
Max Pain	$36.38	$32.00	$43.00	$35.00	$43.00
ATM IV	101.8%	89.6%	111.5%	89.6%	107.6%
Expected Move	29.7%	24.9%	32.0%	24.9%	31.3%
HV 20d	86.3%	77.5%	92.8%	84.3%	86.7%
HV 60d	89.6%	84.3%	94.1%	90.2%	86.5%
IV Rank	5.9%	0.6%	10.1%	0.6%	8.4%
IV Percentile	13.8%	0.4%	31.7%	0.4%	28.2%
Term Structure	0.9%	-2.3%	5.2%	1.3%	0.9%
VWIV	105.3%	90.0%	113.9%	90.0%	112.2%
Skew 25d	-5.4%	-10.5%	2.4%	2.4%	-8.8%
Skew 10d	-4.4%	-13.6%	4.4%	4.4%	-13.2%
Call IV 25d	107.6%	89.4%	121.1%	89.4%	115.2%
Put IV 25d	102.2%	91.8%	110.6%	91.8%	106.4%
Bid-Ask Spread %	3.42	2.74	4.45	3.22	3.50
Gamma HHI	0.09	0.05	0.32	0.07	0.08
Net GEX	9.1M	1.6M	13.6M	1.6M	11.1M
Net DEX	-769.6M	-1.13B	-238.0M	-238.0M	-947.8M
Net VEX	-2.8M	-3.3M	-2.0M	-2.0M	-3.3M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.47	0.30	0.72	0.35	0.41
Total Volume	152,408.333	74,463	337,087	111,260	151,141
Total OI	531,870.19	444,335	635,193	489,472	606,553

Daily Data (21 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Wall	Put Wall	Call Vol	Put Vol	Call OI	Put OI
2021-10-01	$33.18	$35.00	89.6%	24.9%	84.3%	0.6%	90.0%	2.4%	1.3%	1.6M	-238.0M	-2.0M	0.35	3.22	N/A	N/A	82,451	28,809	322,055	167,417
2021-10-04	$33.33	$32.00	96.5%	28.8%	82.8%	3.6%	100.8%	1.3%	2.4%	2.9M	-259.7M	-2.0M	0.30	3.33	N/A	N/A	57,082	17,381	295,180	149,155
2021-10-05	$36.91	$32.00	96.2%	29.3%	85.3%	3.5%	103.0%	-0.4%	4.0%	5.8M	-423.4M	-2.3M	0.39	2.74	N/A	N/A	74,285	29,127	314,589	156,373
2021-10-06	$38.72	$32.00	99.2%	30.0%	84.6%	4.8%	106.0%	-4.3%	3.9%	7.7M	-540.3M	-2.4M	0.34	2.97	N/A	N/A	124,167	42,799	325,556	159,681
2021-10-07	$38.35	$32.00	95.7%	29.0%	82.8%	3.3%	103.7%	-2.6%	3.2%	9.3M	-539.9M	-2.4M	0.50	2.81	N/A	N/A	57,350	28,774	341,956	167,763
2021-10-08	$39.64	$32.00	96.2%	28.8%	77.5%	3.5%	101.8%	-1.2%	5.2%	13.6M	-603.7M	-2.5M	0.35	3.23	N/A	N/A	84,413	29,519	356,233	174,789
2021-10-11	$43.36	$32.00	99.5%	29.0%	82.8%	4.9%	102.8%	-4.3%	0.1%	9.1M	-700.1M	-2.6M	0.72	3.41	N/A	N/A	97,624	70,504	320,311	155,125
2021-10-12	$40.76	$33.00	98.7%	28.6%	85.8%	4.6%	101.3%	-3.1%	0.2%	9.1M	-589.0M	-2.4M	0.60	3.45	N/A	N/A	77,515	46,462	328,139	159,804
2021-10-13	$43.67	$35.00	101.1%	29.0%	85.9%	5.6%	102.3%	-2.3%	0.2%	8.7M	-716.2M	-2.6M	0.53	3.38	N/A	N/A	100,371	52,983	339,338	185,855
2021-10-14	$43.39	$35.00	100.3%	28.7%	85.5%	5.2%	101.5%	-3.9%	-0.1%	10.5M	-719.6M	-2.6M	0.30	4.45	N/A	N/A	106,935	32,199	352,223	190,215
2021-10-15	$48.51	$35.00	105.1%	30.2%	92.3%	7.3%	106.0%	-7.3%	0.5%	11.6M	-1.09B	-2.8M	0.37	2.83	N/A	N/A	245,334	91,753	366,395	203,391
2021-10-18	$51.30	$35.00	109.3%	31.3%	88.5%	9.2%	110.5%	-10.3%	-1.9%	8.1M	-968.9M	-2.9M	0.57	3.91	N/A	N/A	140,908	79,709	305,747	155,633
2021-10-19	$53.65	$36.00	106.9%	30.7%	88.2%	8.1%	108.9%	-10.0%	-2.0%	11.0M	-1.13B	-3.0M	0.53	3.19	N/A	N/A	143,038	75,336	332,590	173,283
2021-10-20	$53.04	$40.00	111.5%	32.0%	86.6%	10.1%	113.9%	-10.5%	-2.3%	11.9M	-1.12B	-3.2M	0.40	3.39	N/A	N/A	159,998	64,102	369,297	211,718
2021-10-21	$51.11	$40.00	105.8%	30.4%	88.5%	7.7%	109.3%	-9.1%	-1.6%	10.7M	-963.2M	-3.2M	0.52	3.69	N/A	N/A	120,873	62,549	390,967	223,807
2021-10-22	$49.28	$40.00	98.1%	28.2%	88.6%	4.3%	101.2%	-7.7%	0.0%	8.4M	-813.7M	-3.1M	0.51	3.16	N/A	N/A	108,349	54,788	404,092	231,101
2021-10-25	$54.80	$41.00	105.2%	30.5%	92.8%	7.4%	108.5%	-7.2%	1.3%	11.2M	-1.09B	-3.3M	0.47	3.67	N/A	N/A	106,438	50,284	343,890	180,318
2021-10-26	$53.22	$41.00	105.8%	30.8%	88.2%	7.7%	109.3%	-7.2%	0.8%	10.7M	-993.7M	-3.3M	0.51	4.44	N/A	N/A	55,871	28,762	360,340	193,576
2021-10-27	$50.32	$41.00	102.8%	30.2%	87.0%	6.4%	108.3%	-8.5%	2.0%	8.8M	-832.1M	-3.2M	0.60	3.22	N/A	N/A	62,818	37,606	371,042	198,690
2021-10-28	$51.02	$42.00	106.7%	31.1%	87.0%	8.0%	110.0%	-8.1%	1.5%	9.7M	-884.4M	-3.2M	0.50	3.82	N/A	N/A	80,172	39,996	379,550	205,537
2021-10-29	$51.87	$43.00	107.6%	31.3%	86.7%	8.4%	112.2%	-8.8%	0.9%	11.1M	-947.8M	-3.3M	0.41	3.50	N/A	N/A	107,051	44,090	394,101	212,452