MARA Options History — October 2022

In October 2022, MARA traded between $10.34 and $14.85. ATM implied volatility averaged 126.8%, placing in the 35.0% IV rank vs the trailing year. The 30-day expected move averaged 36.9%. IV traded above realized volatility by 13.2% (HV 20d: 113.6%). Max pain ranged from $15.00 to $25.00. Net GEX was positive for 17 of 21 trading days. Term structure was in contango for 15 of 21 days. Put/call ratio averaged 0.69.

Notable Days

2022-10-25: Highest Volume — 182,520 contracts
2022-10-21: Largest IV drop — 6.2% change
2022-10-12: Highest IV Rank — 48.5%
2022-10-12: Largest Expected Move — 39.8%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$12.05	$10.34	$14.85	$11.10	$13.14
Max Pain	$19.95	$15.00	$25.00	$25.00	$16.00
ATM IV	126.8%	117.3%	138.8%	129.4%	119.8%
Expected Move	36.9%	34.5%	39.8%	37.2%	36.3%
HV 20d	113.6%	101.4%	124.2%	101.4%	124.2%
HV 60d	117.2%	106.7%	130.6%	124.4%	111.8%
IV Rank	35.0%	23.2%	48.5%	42.9%	26.0%
IV Percentile	48.6%	24.6%	79.8%	58.7%	26.6%
Term Structure	0.3%	-8.7%	4.4%	2.7%	-1.3%
VWIV	128.0%	122.4%	137.6%	129.5%	126.4%
Skew 25d	17.4%	12.1%	20.2%	17.8%	12.9%
Skew 10d	33.1%	19.8%	38.5%	32.1%	23.0%
Call IV 25d	120.0%	112.4%	132.2%	122.6%	116.1%
Put IV 25d	137.4%	125.7%	150.3%	140.4%	129.0%
Bid-Ask Spread %	3.27	2.76	3.73	2.77	3.27
Gamma HHI	0.08	0.06	0.22	0.07	0.06
Net GEX	393.9K	-1.4M	1.3M	194.3K	532.8K
Net DEX	25.6M	-83.3M	86.2M	48.4M	4.6M
Net VEX	-879.8K	-1.0M	-758.0K	-816.5K	-947.2K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.69	0.41	1.20	0.47	0.60
Total Volume	116,611.429	66,829	182,520	91,700	75,044
Total OI	756,814.048	665,112	815,995	696,953	717,477

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
2022-10-03	$11.10	$25.00	129.4%	37.2%	101.4%	42.9%	129.5%	17.8%	2.7%	194.3K	48.4M	-816.5K	0.47	2.77	N/A	N/A	62,259	29,441	372,748	324,205
2022-10-04	$12.66	$25.00	121.4%	34.5%	111.6%	29.7%	126.5%	17.1%	4.4%	976.0K	-657.2K	-907.1K	0.57	3.55	N/A	N/A	105,202	60,216	391,186	333,306
2022-10-05	$12.86	$25.00	121.5%	34.5%	110.9%	29.8%	123.1%	18.3%	3.4%	803.1K	-3.6M	-951.9K	0.72	2.78	N/A	N/A	63,027	45,612	400,190	357,507
2022-10-06	$13.11	$15.00	123.8%	36.7%	101.7%	32.4%	127.1%	17.3%	2.4%	1.3M	-16.6M	-985.5K	0.61	3.57	N/A	N/A	81,210	49,506	409,232	361,800
2022-10-07	$11.12	$15.00	129.0%	38.5%	111.9%	38.4%	124.9%	18.2%	2.5%	304.1K	69.7M	-836.5K	0.77	3.22	N/A	N/A	79,067	61,082	417,775	370,670
2022-10-10	$10.82	$15.00	135.3%	39.8%	111.9%	45.5%	136.6%	18.9%	1.0%	-252.1K	66.4M	-824.5K	1.20	3.71	N/A	N/A	75,445	90,507	388,345	348,251
2022-10-11	$10.34	$22.50	137.4%	39.8%	106.5%	46.9%	137.6%	19.1%	1.3%	-655.8K	82.4M	-797.0K	0.45	3.11	N/A	N/A	53,410	24,103	399,725	371,277
2022-10-12	$10.49	$22.50	138.8%	39.8%	106.9%	48.5%	137.0%	18.1%	0.3%	-631.5K	79.3M	-789.1K	0.55	3.24	N/A	N/A	43,122	23,707	404,515	376,035
2022-10-13	$11.24	$22.50	134.1%	39.1%	109.7%	43.0%	133.4%	16.7%	2.3%	304.2K	53.5M	-811.8K	0.80	3.17	N/A	N/A	72,409	57,782	412,129	380,814
2022-10-14	$10.35	$22.50	131.9%	37.9%	108.0%	40.4%	129.9%	16.6%	-0.9%	-1.4M	86.2M	-758.0K	0.62	3.67	N/A	N/A	83,472	52,038	422,514	393,481
2022-10-17	$11.71	$22.50	128.5%	36.5%	116.7%	36.4%	129.4%	20.1%	0.0%	471.4K	42.5M	-837.1K	0.77	3.42	N/A	N/A	65,355	50,385	391,703	334,366
2022-10-18	$11.34	$22.50	128.2%	36.6%	116.0%	36.0%	127.2%	19.3%	-0.8%	296.0K	52.8M	-821.5K	0.96	3.60	N/A	N/A	47,475	45,508	404,416	348,202
2022-10-19	$11.03	$22.50	135.8%	38.9%	115.8%	45.0%	127.5%	19.3%	-8.7%	114.0K	64.3M	-814.1K	0.75	3.28	N/A	N/A	41,500	31,001	413,247	363,388
2022-10-20	$10.86	$20.00	130.1%	37.6%	115.9%	38.3%	124.0%	18.1%	-6.9%	126.3K	69.7M	-803.1K	0.50	3.11	N/A	N/A	52,018	26,113	419,762	369,233
2022-10-21	$11.69	$20.00	122.0%	34.8%	110.4%	28.7%	123.4%	19.6%	2.0%	1.2M	37.3M	-837.5K	0.58	2.91	N/A	N/A	66,743	38,647	423,239	368,033
2022-10-24	$12.95	$20.00	121.8%	35.3%	115.1%	28.4%	125.2%	20.2%	1.3%	898.1K	-9.9M	-901.9K	0.82	3.73	N/A	N/A	74,331	60,865	362,804	302,308
2022-10-25	$14.85	$17.50	119.8%	35.2%	123.0%	26.1%	123.0%	17.3%	0.0%	1.3M	-83.3M	-1.0M	0.46	3.61	N/A	N/A	124,996	57,524	383,336	328,869
2022-10-26	$13.92	$16.00	118.8%	35.4%	122.6%	24.9%	123.4%	15.0%	0.5%	1.1M	-45.3M	-1.0M	0.90	3.19	N/A	N/A	79,547	71,877	404,047	349,574
2022-10-27	$13.77	$16.00	117.3%	35.2%	122.6%	23.2%	129.6%	13.7%	0.5%	1.0M	-32.7M	-1.0M	0.97	2.76	N/A	N/A	50,593	49,273	412,348	365,641
2022-10-28	$13.71	$16.00	117.9%	35.3%	122.7%	23.9%	122.4%	12.1%	-0.6%	340.1K	-27.1M	-993.0K	0.41	3.06	N/A	N/A	90,244	37,184	420,396	375,001
2022-10-31	$13.14	$16.00	119.8%	36.3%	124.2%	26.0%	126.4%	12.9%	-1.3%	532.8K	4.6M	-947.2K	0.60	3.27	N/A	N/A	47,026	28,018	383,542	333,935