MARA Options History — February 2024

In February 2024, MARA traded between $16.80 and $30.70. ATM implied volatility averaged 132.7%, placing in the 41.1% IV rank vs the trailing year. The 30-day expected move averaged 38.9%. IV traded above realized volatility by 11.2% (HV 20d: 121.6%). Max pain ranged from $17.00 to $19.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 6 of 20 days. Put/call ratio averaged 0.42.

Notable Days

  • 2024-02-29: Highest Volume — 960,552 contracts
  • 2024-02-29: Largest IV drop — 15.8% change
  • 2024-02-28: Highest IV Rank — 74.1%
  • 2024-02-28: Largest Expected Move — 52.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$24.06$16.80$30.70$18.66$25.82
Max Pain$17.60$17.00$19.00$17.00$19.00
ATM IV132.7%107.2%167.8%108.6%141.3%
Expected Move38.9%31.3%52.4%32.3%42.1%
HV 20d121.6%94.0%159.2%116.3%159.2%
HV 60d126.8%116.5%139.3%116.8%139.3%
IV Rank41.1%17.1%74.1%18.4%49.1%
IV Percentile75.6%36.9%98.8%40.1%90.5%
Term Structure-1.9%-8.7%2.6%2.6%-0.5%
VWIV140.7%114.7%187.5%114.7%154.6%
Skew 25d-22.8%-35.3%-7.8%-13.1%-28.2%
Skew 10d-31.8%-42.2%-20.8%-27.6%-42.2%
Call IV 25d150.6%114.9%195.0%119.0%163.6%
Put IV 25d127.8%104.4%159.8%105.8%135.4%
Bid-Ask Spread %6.783.2614.426.667.60
Gamma HHI0.090.050.200.080.05
Net GEX8.0M3.0M12.9M9.5M4.3M
Net DEX-1.06B-1.84B-310.5M-564.1M-906.6M
Net VEX-3.3M-3.9M-2.7M-3.0M-3.6M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.420.270.620.620.46
Total Volume475,491.7148,402960,552369,928960,552
Total OI1,440,190.91,229,5411,676,8771,500,6481,640,877

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-02-01$18.66$17.00108.6%32.3%116.3%18.4%114.7%-13.1%2.6%9.5M-564.1M-3.0M0.626.66N/AN/A228,408141,520917,467583,181
2024-02-02$18.09$17.00107.2%32.2%103.7%17.1%118.1%-14.4%-1.4%9.1M-478.7M-2.9M0.409.01N/AN/A207,24582,702930,749584,400
2024-02-05$16.80$17.00108.2%31.6%100.3%18.0%116.0%-7.8%1.6%3.0M-310.5M-2.7M0.296.48N/AN/A165,30048,372817,571484,158
2024-02-06$17.05$17.00107.2%31.4%94.0%17.1%114.8%-13.3%1.9%4.0M-336.5M-2.7M0.327.66N/AN/A112,84535,557843,981499,205
2024-02-07$17.49$17.00108.3%31.3%95.5%18.2%117.0%-16.1%1.0%5.3M-394.5M-2.8M0.2710.13N/AN/A187,76551,078856,174506,498
2024-02-08$21.24$17.00117.7%33.8%121.9%27.0%122.2%-21.4%0.5%9.3M-968.1M-3.2M0.349.25N/AN/A520,751177,877904,642511,357
2024-02-09$23.68$17.00133.6%38.3%119.1%41.9%139.8%-20.6%-1.0%10.2M-1.31B-3.4M0.2714.42N/AN/A577,300158,144927,562551,748
2024-02-12$27.30$17.00141.2%40.6%112.8%49.1%146.8%-32.9%-4.2%10.5M-1.58B-3.5M0.443.32N/AN/A418,495184,153865,204503,224
2024-02-13$25.70$17.00135.8%38.9%111.9%44.0%140.8%-25.7%-0.6%8.4M-1.33B-3.5M0.533.26N/AN/A242,381128,243903,857566,735
2024-02-14$29.20$17.00148.5%42.6%116.7%56.0%149.9%-31.8%-2.6%12.9M-1.84B-3.6M0.504.77N/AN/A360,131179,658930,842597,669
2024-02-15$26.98$17.00150.6%43.3%118.6%57.9%155.9%-31.6%-1.2%8.3M-1.46B-3.6M0.575.80N/AN/A380,201217,209959,307632,263
2024-02-16$26.80$18.00141.8%40.6%118.7%49.6%147.7%-30.1%0.3%4.1M-1.38B-3.6M0.428.35N/AN/A303,455128,0621,002,159674,718
2024-02-20$24.54$18.00141.3%40.9%125.3%49.2%153.3%-24.4%-8.7%5.6M-928.7M-3.4M0.496.14N/AN/A257,617126,783799,289487,085
2024-02-21$23.02$18.00131.6%38.1%128.0%40.0%140.2%-19.4%-1.3%5.6M-772.1M-3.3M0.445.05N/AN/A159,33970,440861,207503,256
2024-02-22$24.70$18.00134.4%38.7%128.1%42.7%139.1%-19.3%-3.9%8.9M-982.0M-3.4M0.397.27N/AN/A214,98483,424876,942517,279
2024-02-23$23.80$18.00127.4%36.7%129.8%36.0%134.0%-23.4%-0.2%7.1M-823.6M-3.3M0.416.77N/AN/A192,07378,544902,831545,197
2024-02-26$29.23$18.00146.1%43.7%144.0%53.6%152.4%-25.7%-8.6%8.9M-1.44B-3.5M0.403.68N/AN/A437,988174,998759,462470,079
2024-02-27$30.43$19.00156.2%47.7%144.1%63.2%169.3%-21.1%-4.3%12.1M-1.68B-3.7M0.335.76N/AN/A484,707157,996866,912537,995
2024-02-28$30.70$19.00167.8%52.4%143.6%74.1%187.5%-35.3%-8.1%12.6M-1.75B-3.9M0.484.15N/AN/A588,886284,651919,634561,102
2024-02-29$25.82$19.00141.3%42.1%159.2%49.1%154.6%-28.2%-0.5%4.3M-906.6M-3.6M0.467.60N/AN/A658,822301,7301,001,170639,707