MARA Options History — April 2022

In April 2022, MARA traded between $15.71 and $28.78. ATM implied volatility averaged 112.3%, placing in the 27.9% IV rank vs the trailing year. The 30-day expected move averaged 32.5%. IV traded above realized volatility by 30.2% (HV 20d: 82.0%). Max pain ranged from $25.00 to $30.00. Net GEX was positive for 13 of 20 trading days. Term structure was in contango for 10 of 20 days. Put/call ratio averaged 0.53.

Notable Days

  • 2022-04-22: Highest Volume — 126,296 contracts
  • 2022-04-29: Largest IV spike — 9.1% change
  • 2022-04-29: Highest IV Rank — 52.2%
  • 2022-04-29: Largest Expected Move — 40.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$21.35$15.71$28.78$28.18$15.71
Max Pain$26.00$25.00$30.00$25.00$25.00
ATM IV112.3%98.3%133.3%101.8%133.3%
Expected Move32.5%28.5%40.5%29.5%40.5%
HV 20d82.0%65.1%103.2%98.6%67.1%
HV 60d102.8%98.7%105.2%102.5%98.7%
IV Rank27.9%11.7%52.2%15.8%52.2%
IV Percentile45.1%6.7%90.5%13.5%90.5%
Term Structure-0.6%-7.7%5.3%0.8%-7.7%
VWIV114.1%101.1%141.1%106.6%141.1%
Skew 25d7.3%2.3%11.7%4.5%7.3%
Skew 10d12.3%5.4%19.3%8.3%12.0%
Call IV 25d110.5%99.0%132.2%101.0%132.2%
Put IV 25d117.7%103.0%139.5%105.5%139.5%
Bid-Ask Spread %3.632.885.254.732.88
Gamma HHI0.060.040.120.060.12
Net GEX492.2K-795.6K3.1M2.2M-506.4K
Net DEX28.6M-146.8M106.9M-115.5M106.9M
Net VEX-1.4M-2.0M-1.1M-1.9M-1.1M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.530.361.460.410.40
Total Volume85,361.7554,068126,296101,242122,828
Total OI532,843.1471,977584,430559,547584,430

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-04-01$28.18$25.00101.8%29.5%98.6%15.8%106.6%4.5%0.8%2.2M-115.5M-1.9M0.414.73N/AN/A71,57629,666353,076206,471
2022-04-04$28.78$25.0098.3%28.5%96.7%11.7%101.1%4.0%1.6%3.1M-146.8M-2.0M0.383.57N/AN/A56,54721,300307,683182,317
2022-04-05$26.30$25.00103.9%30.2%103.2%18.2%105.7%2.3%0.5%1.7M-63.3M-1.8M0.493.27N/AN/A56,46827,748322,966190,836
2022-04-06$24.43$25.00103.8%30.3%95.3%18.1%106.7%4.9%5.3%472.6K1.3M-1.6M0.394.33N/AN/A64,77725,440339,135198,347
2022-04-07$24.20$25.00103.7%29.9%94.3%18.0%104.1%4.5%2.6%74.7K12.6M-1.6M0.473.13N/AN/A68,63732,516347,959203,868
2022-04-08$22.83$30.00107.1%31.1%91.2%21.8%109.8%5.8%2.0%-795.6K50.5M-1.5M0.543.28N/AN/A51,70427,675352,715209,633
2022-04-11$21.86$30.00110.3%31.1%90.1%25.6%111.3%7.0%-1.2%144.5K38.0M-1.4M0.633.21N/AN/A40,46225,544317,706188,732
2022-04-12$21.17$30.00110.3%31.6%89.5%25.6%110.1%8.7%-0.9%-268.9K56.6M-1.4M0.413.60N/AN/A66,79527,351328,237199,009
2022-04-13$22.41$30.00107.2%30.4%88.0%22.0%108.6%9.1%-2.0%798.8K18.6M-1.5M0.564.17N/AN/A52,63829,621348,042203,255
2022-04-14$21.24$25.00108.7%30.6%79.3%23.7%106.6%5.7%-3.1%668.5K61.0M-1.4M0.693.51N/AN/A45,21031,111359,509212,303
2022-04-18$20.79$25.00111.2%31.9%76.5%26.6%112.1%6.9%1.3%527.5K32.0M-1.4M0.362.99N/AN/A58,38120,964297,870174,107
2022-04-19$21.44$25.00107.8%30.9%78.2%22.7%109.5%5.5%1.1%1.3M5.9M-1.4M0.383.39N/AN/A54,18420,337320,595177,715
2022-04-20$20.76$25.00109.8%31.5%73.0%25.0%110.7%7.6%0.7%947.4K26.7M-1.4M0.564.11N/AN/A38,72121,741331,993183,930
2022-04-21$19.29$25.00111.5%31.9%75.1%27.0%112.3%9.0%0.3%-244.8K70.0M-1.3M0.403.26N/AN/A56,78722,481340,119192,793
2022-04-22$18.23$25.00118.7%34.1%73.5%35.3%119.5%9.9%-2.0%-509.2K92.1M-1.2M1.463.07N/AN/A51,40574,891353,392199,523
2022-04-25$18.65$25.00121.2%35.1%74.4%38.2%122.0%11.0%-3.2%224.5K61.3M-1.3M0.643.35N/AN/A42,06327,083315,536189,745
2022-04-26$17.15$25.00129.2%38.2%65.9%47.5%131.0%10.6%-2.3%102.5K78.5M-1.2M0.534.37N/AN/A35,26018,808330,625194,770
2022-04-27$16.78$25.00125.6%36.8%65.1%43.4%127.5%11.7%-2.9%-22.8K89.1M-1.1M0.515.25N/AN/A49,18825,015337,819199,036
2022-04-28$16.89$25.00122.2%35.6%65.8%39.3%125.0%9.5%-2.7%-60.1K95.7M-1.1M0.413.14N/AN/A80,99733,315351,732209,333
2022-04-29$15.71$25.00133.3%40.5%67.1%52.2%141.1%7.3%-7.7%-506.4K106.9M-1.1M0.402.88N/AN/A87,77635,052364,979219,451