MARA Options History — February 2022

In February 2022, MARA traded between $21.06 and $28.81. ATM implied volatility averaged 119.4%, placing in the 19.0% IV rank vs the trailing year. The 30-day expected move averaged 34.3%. IV traded above realized volatility by 7.3% (HV 20d: 112.1%). Max pain ranged from $30.00 to $35.00. Net GEX was positive for 16 of 19 trading days. Term structure was in contango for 6 of 19 days. Put/call ratio averaged 0.61.

Notable Days

  • 2022-02-04: Highest Volume — 250,805 contracts
  • 2022-02-08: Largest IV drop — 7.6% change
  • 2022-02-23: Highest IV Rank — 28.0%
  • 2022-02-23: Largest Expected Move — 38.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$25.00$21.06$28.81$25.09$25.12
Max Pain$30.47$30.00$35.00$35.00$30.00
ATM IV119.4%108.4%133.1%108.4%127.6%
Expected Move34.3%31.2%38.7%31.2%36.5%
HV 20d112.1%94.4%120.5%99.3%118.7%
HV 60d108.7%101.5%120.3%119.3%107.2%
IV Rank19.0%12.1%28.0%12.1%24.6%
IV Percentile52.4%30.6%74.2%30.6%66.7%
Term Structure-0.3%-3.4%4.6%-0.1%-3.3%
VWIV121.7%110.1%134.5%110.1%127.9%
Skew 25d8.4%4.9%13.2%8.3%9.3%
Skew 10d18.2%11.3%26.1%23.0%22.3%
Call IV 25d117.1%106.2%129.7%106.2%122.6%
Put IV 25d125.5%114.5%139.7%114.5%131.9%
Bid-Ask Spread %4.322.736.453.224.42
Gamma HHI0.060.040.090.050.04
Net GEX1.8M-477.7K5.0M2.1M1.6M
Net DEX-43.0M-197.3M71.5M-37.8M-64.6M
Net VEX-1.7M-2.0M-1.3M-1.5M-1.7M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.610.300.980.480.45
Total Volume122,019.05368,269250,80592,048141,307
Total OI561,083.947488,594638,335505,650488,594

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-02-01$25.09$35.00108.4%31.2%99.3%12.1%110.1%8.3%-0.1%2.1M-37.8M-1.5M0.483.22N/AN/A62,12329,925330,796174,854
2022-02-02$22.90$34.00113.0%32.2%101.0%14.9%112.7%6.4%-0.3%1.1M20.4M-1.4M0.742.95N/AN/A50,24436,970343,062182,504
2022-02-03$21.06$30.00117.2%33.9%94.4%17.4%120.6%8.0%0.7%-477.7K71.5M-1.3M0.983.48N/AN/A43,39642,578349,029194,153
2022-02-04$23.37$30.00117.1%33.8%103.8%17.3%119.6%7.1%0.9%2.3M-5.0M-1.5M0.333.39N/AN/A188,94161,864355,275200,691
2022-02-07$25.67$30.00122.6%34.7%110.0%20.6%124.0%5.7%-2.4%2.1M-75.3M-1.7M0.303.73N/AN/A150,87945,282340,885182,217
2022-02-08$26.17$30.00113.2%32.5%110.4%15.0%115.4%5.3%-0.4%3.0M-91.1M-1.7M0.645.02N/AN/A62,80039,893371,650195,233
2022-02-09$28.81$30.00108.5%31.9%115.2%12.2%113.1%4.9%3.4%5.0M-197.3M-2.0M0.493.22N/AN/A102,81250,040382,290206,228
2022-02-10$28.41$30.00114.6%32.9%114.7%15.8%117.3%5.5%-0.6%4.4M-178.0M-2.0M0.515.88N/AN/A134,90268,778391,526219,305
2022-02-11$26.66$30.00122.6%35.1%113.5%20.6%125.1%7.6%-1.0%2.5M-71.3M-1.9M0.645.60N/AN/A88,89056,687404,352233,983
2022-02-14$25.63$30.00122.4%35.2%114.0%20.5%122.5%9.9%-3.4%1.3M-30.9M-1.8M0.575.01N/AN/A53,52930,260370,954202,959
2022-02-15$28.22$30.00113.9%32.7%115.1%15.4%115.0%6.2%0.4%3.1M-113.4M-2.0M0.454.83N/AN/A74,41833,669381,475211,697
2022-02-16$28.39$30.00112.0%32.1%113.8%14.3%122.6%6.5%3.9%3.4M-115.7M-2.0M0.826.45N/AN/A49,80640,876392,576218,994
2022-02-17$25.83$30.00120.1%34.5%119.3%19.9%123.0%10.4%-1.8%1.1M-21.5M-1.9M0.784.91N/AN/A64,61050,409404,413222,402
2022-02-18$24.10$30.00126.3%36.3%113.8%23.8%129.3%13.2%-1.7%-261.2K36.4M-1.7M0.923.54N/AN/A64,38859,549409,528228,728
2022-02-22$22.65$30.00127.0%36.8%116.1%24.2%129.1%11.2%4.6%424.7K12.6M-1.6M0.734.74N/AN/A46,42533,951316,465178,305
2022-02-23$21.14$30.00133.1%38.7%118.7%28.0%134.5%10.0%-3.4%-2.4K39.9M-1.4M0.542.73N/AN/A44,37923,890325,889184,897
2022-02-24$22.80$30.00127.7%36.5%120.5%24.6%131.5%11.4%-1.8%943.3K3.1M-1.6M0.654.15N/AN/A66,62443,316334,832189,334
2022-02-25$22.90$30.00121.0%33.8%117.6%20.4%119.7%11.8%-0.0%1.4M1.4M-1.5M0.594.78N/AN/A50,40829,544342,889197,631
2022-02-28$25.12$30.00127.6%36.5%118.7%24.6%127.9%9.3%-3.3%1.6M-64.6M-1.7M0.454.42N/AN/A97,53243,775312,905175,689