MARA Options History — October 2023

In October 2023, MARA traded between $7.25 and $9.79. ATM implied volatility averaged 107.8%, placing in the 24.6% IV rank vs the trailing year. The 30-day expected move averaged 31.5%. IV traded above realized volatility by 19.2% (HV 20d: 88.6%). Max pain ranged from $10.00 to $12.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 10 of 22 days. Put/call ratio averaged 0.37.

Notable Days

  • 2023-10-24: Highest Volume — 520,245 contracts
  • 2023-10-24: Largest IV spike — 9.8% change
  • 2023-10-24: Highest IV Rank — 42.8%
  • 2023-10-24: Largest Expected Move — 36.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$8.28$7.25$9.79$8.54$8.71
Max Pain$11.32$10.00$12.00$10.00$11.00
ATM IV107.8%97.2%121.8%97.2%111.0%
Expected Move31.5%27.7%36.6%27.7%33.4%
HV 20d88.6%67.2%105.9%67.2%85.6%
HV 60d97.8%94.4%102.9%94.4%102.0%
IV Rank24.6%10.7%42.8%10.7%28.8%
IV Percentile30.1%13.5%52.8%13.5%36.9%
Term Structure-0.8%-5.4%3.3%2.5%-1.2%
VWIV112.6%100.2%130.2%100.2%120.3%
Skew 25d-2.3%-6.2%2.1%-4.2%-4.5%
Skew 10d-7.3%-17.1%4.9%-12.5%-15.1%
Call IV 25d112.0%101.6%125.7%102.1%116.6%
Put IV 25d109.7%97.9%122.0%97.9%112.1%
Bid-Ask Spread %11.062.1032.472.5721.33
Gamma HHI0.110.060.580.070.07
Net GEX1.7M96.2K5.6M980.9K1.5M
Net DEX-31.6M-176.8M49.4M-15.0M-59.3M
Net VEX-1.4M-1.7M-1.2M-1.4M-1.5M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.370.180.570.430.33
Total Volume164,733.59176,111520,245213,04477,108
Total OI1,187,154.7731,056,6251,300,9261,056,6251,200,201

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-10-02$8.54$10.0097.2%27.7%67.2%10.7%100.2%-4.2%2.5%980.9K-15.0M-1.4M0.432.57N/AN/A149,11163,933639,858416,767
2023-10-03$7.25$10.00104.7%30.6%84.3%20.4%112.2%-0.1%0.2%96.2K49.4M-1.2M0.302.10N/AN/A157,55247,206676,448432,263
2023-10-04$7.49$10.00105.4%30.5%86.3%21.3%108.1%-2.0%1.3%732.6K28.3M-1.2M0.322.38N/AN/A102,72132,516739,042438,153
2023-10-05$7.50$12.00103.8%30.1%85.0%19.4%109.3%-2.6%0.3%1.0M20.2M-1.3M0.4020.08N/AN/A77,73330,841764,668442,229
2023-10-06$8.00$12.00101.4%29.4%80.1%16.1%105.4%-2.3%3.3%4.7M-14.0M-1.3M0.3016.32N/AN/A141,43642,841776,669443,022
2023-10-09$8.34$12.00104.1%29.9%79.0%19.7%106.0%-0.4%-0.3%1.3M-27.1M-1.4M0.404.20N/AN/A67,41827,096708,429426,426
2023-10-10$8.45$12.0099.7%28.9%79.0%13.9%101.4%-0.4%1.2%1.6M-34.4M-1.4M0.563.79N/AN/A72,30640,777720,287428,991
2023-10-11$7.92$12.00100.5%29.1%81.4%15.0%104.2%1.2%1.0%808.8K8.7M-1.3M0.4813.73N/AN/A79,79138,623726,467439,371
2023-10-12$7.89$12.00100.5%28.9%81.2%15.0%103.1%2.1%0.6%838.9K8.4M-1.3M0.573.34N/AN/A48,49427,617747,844443,516
2023-10-13$7.71$12.00103.6%29.8%80.7%19.1%106.1%0.6%0.6%579.3K16.9M-1.2M0.467.97N/AN/A66,97430,570759,951448,981
2023-10-16$8.07$12.00108.8%31.1%82.6%25.8%110.4%-3.4%-3.5%863.2K-11.8M-1.3M0.1832.47N/AN/A194,50235,577705,495422,770
2023-10-17$8.39$12.00106.4%30.5%84.2%22.7%108.7%-0.7%-4.9%1.7M-33.6M-1.4M0.318.10N/AN/A88,75927,499751,571433,485
2023-10-18$7.66$12.00108.9%31.2%89.1%26.0%111.0%-3.2%-3.2%685.3K13.3M-1.2M0.363.13N/AN/A66,73724,240768,613438,710
2023-10-19$7.64$11.00110.4%31.9%89.1%28.0%113.6%-2.8%-4.7%884.5K8.1M-1.2M0.358.21N/AN/A79,45528,106782,902436,160
2023-10-20$7.71$11.00108.2%31.5%87.9%25.0%112.3%-4.2%-5.4%746.6K5.1M-1.2M0.2315.84N/AN/A149,06434,929801,877428,177
2023-10-23$8.79$11.00110.9%33.0%100.3%28.6%117.7%-3.8%-1.0%1.9M-73.8M-1.4M0.2630.68N/AN/A228,15058,973712,064396,671
2023-10-24$9.79$11.00121.8%36.6%105.9%42.8%130.2%-3.2%-3.1%2.9M-176.8M-1.6M0.2917.32N/AN/A402,579117,666765,961416,252
2023-10-25$9.52$11.00119.9%35.8%105.8%40.3%129.0%-6.2%-0.7%3.1M-155.1M-1.7M0.379.76N/AN/A168,36361,814841,824442,433
2023-10-26$9.02$11.00117.5%35.3%105.3%37.1%125.4%-4.8%0.3%2.4M-96.8M-1.6M0.539.19N/AN/A108,25157,132842,471449,383
2023-10-27$9.00$11.00114.4%33.9%105.0%33.2%121.6%-2.2%-0.1%5.6M-88.9M-1.5M0.407.65N/AN/A98,84839,262839,666461,260
2023-10-30$8.84$11.00113.2%34.1%105.2%31.6%122.0%-3.1%-1.1%1.5M-67.5M-1.5M0.333.25N/AN/A98,78532,784739,849420,228
2023-10-31$8.71$11.00111.0%33.4%85.6%28.8%120.3%-4.5%-1.2%1.5M-59.3M-1.5M0.3321.33N/AN/A58,13818,970769,606430,595