MARA Options History — July 2024

In July 2024, MARA traded between $18.87 and $26.45. ATM implied volatility averaged 98.5%, placing in the 12.1% IV rank vs the trailing year. The 30-day expected move averaged 28.3%. IV traded above realized volatility by 7.1% (HV 20d: 91.4%). Max pain ranged from $19.00 to $21.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 10 of 22 days. Put/call ratio averaged 0.38.

Notable Days

  • 2024-07-15: Highest Volume — 629,610 contracts
  • 2024-07-19: Largest IV spike — 19.7% change
  • 2024-07-19: Highest IV Rank — 29.6%
  • 2024-07-19: Largest Expected Move — 34.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$21.68$18.87$26.45$22.70$20.01
Max Pain$20.39$19.00$21.00$19.00$20.50
ATM IV98.5%85.1%117.7%87.3%101.5%
Expected Move28.3%24.2%34.0%25.0%28.7%
HV 20d91.4%69.7%113.8%70.0%102.5%
HV 60d94.4%89.2%98.6%90.9%95.6%
IV Rank12.1%0.0%29.6%1.9%14.9%
IV Percentile30.3%0.0%76.2%1.6%38.9%
Term Structure-0.5%-8.2%6.2%6.2%2.1%
VWIV103.8%85.0%126.7%87.4%106.5%
Skew 25d-12.4%-20.8%-4.5%-10.5%-11.6%
Skew 10d-22.4%-38.8%-0.6%-19.3%-20.8%
Call IV 25d107.9%90.1%135.5%97.4%108.7%
Put IV 25d95.5%82.3%114.8%86.9%97.1%
Bid-Ask Spread %8.393.5316.0910.8212.50
Gamma HHI0.080.050.210.070.05
Net GEX9.7M4.9M22.2M11.0M5.9M
Net DEX-636.5M-1.33B-342.8M-759.4M-393.4M
Net VEX-3.4M-3.9M-2.9M-3.3M-3.3M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.380.230.670.490.24
Total Volume292,825.5138,221629,610486,035138,221
Total OI1,216,496.51,001,4971,385,6611,001,4971,265,189

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-07-01$22.70$19.0087.3%25.0%70.0%1.9%87.4%-10.5%6.2%11.0M-759.4M-3.3M0.4910.82N/AN/A326,173159,862684,106317,391
2024-07-02$22.12$20.0087.5%24.2%71.0%2.1%85.0%-9.8%4.6%10.2M-685.1M-3.3M0.5814.97N/AN/A148,16786,667740,820377,905
2024-07-03$20.81$20.0087.7%24.2%71.4%2.3%86.3%-4.5%1.0%7.9M-506.8M-3.2M0.6716.09N/AN/A114,95877,352758,032375,960
2024-07-05$20.14$20.0085.1%26.1%72.1%0.0%94.8%-6.2%-0.2%8.6M-418.7M-3.0M0.448.48N/AN/A244,924108,473783,896366,789
2024-07-08$19.45$20.0089.8%25.9%72.8%4.3%96.3%-10.6%-0.7%7.3M-394.0M-2.9M0.346.56N/AN/A185,30462,394740,026336,088
2024-07-09$19.09$20.0089.1%26.2%69.7%3.6%97.2%-7.4%1.1%7.8M-363.7M-3.0M0.265.99N/AN/A156,99740,818808,540358,410
2024-07-10$18.87$20.0087.7%25.8%69.8%2.4%93.3%-7.8%2.6%7.8M-342.8M-2.9M0.275.42N/AN/A114,42130,557851,905368,266
2024-07-11$19.02$20.0085.8%25.2%69.7%0.6%91.9%-8.3%2.3%9.5M-359.7M-2.9M0.3610.20N/AN/A164,03859,825873,241375,160
2024-07-12$20.71$20.0087.1%25.1%75.5%1.8%91.9%-6.2%1.9%22.2M-659.2M-3.2M0.314.50N/AN/A322,711101,043882,505379,758
2024-07-15$24.71$20.0099.3%28.6%97.2%12.8%104.1%-17.5%-0.8%14.2M-1.09B-3.6M0.333.53N/AN/A474,869154,741797,229351,741
2024-07-16$26.45$20.00102.8%29.5%98.0%16.0%109.5%-19.2%0.3%14.0M-1.33B-3.7M0.436.43N/AN/A337,080144,219838,838401,407
2024-07-17$25.45$20.00104.0%29.8%99.5%17.1%111.3%-16.7%-7.0%13.2M-1.18B-3.9M0.4911.11N/AN/A232,367113,236876,192443,946
2024-07-18$23.71$21.0098.3%28.3%103.8%12.0%102.6%-10.7%-0.2%11.7M-883.8M-3.7M0.534.43N/AN/A191,757101,217910,513449,556
2024-07-19$24.80$21.00117.7%34.0%104.5%29.6%126.7%-20.8%-3.6%14.3M-1.09B-3.8M0.336.59N/AN/A351,815117,029924,069461,592
2024-07-22$24.24$21.00113.9%32.2%100.6%26.1%116.0%-15.7%-0.2%9.8M-829.6M-3.7M0.486.28N/AN/A157,02175,729769,502361,487
2024-07-23$21.55$21.00110.0%31.9%110.2%22.6%117.9%-14.1%-2.5%5.9M-505.3M-3.4M0.327.40N/AN/A218,44770,079807,178392,930
2024-07-24$20.77$21.00111.9%31.2%111.2%24.3%115.4%-18.5%-2.8%5.6M-433.9M-3.4M0.2311.00N/AN/A185,43941,774868,886407,536
2024-07-25$20.43$21.00106.0%30.8%111.3%18.9%113.7%-17.4%-8.2%6.0M-396.2M-3.4M0.3610.24N/AN/A144,52151,495897,432415,844
2024-07-26$21.49$21.00106.6%30.9%112.6%19.4%114.9%-12.6%-4.7%9.7M-554.5M-3.6M0.326.47N/AN/A214,45169,396921,404422,262
2024-07-29$20.59$21.00105.9%30.5%113.8%18.9%113.5%-12.1%-2.3%6.0M-454.3M-3.3M0.367.99N/AN/A150,41553,869796,356372,990
2024-07-30$19.89$21.00101.6%28.9%102.7%15.0%106.6%-14.9%0.6%4.9M-371.8M-3.3M0.277.53N/AN/A117,20931,081836,465393,581
2024-07-31$20.01$20.50101.5%28.7%102.5%14.9%106.5%-11.6%2.1%5.9M-393.4M-3.3M0.2412.50N/AN/A111,57626,645866,060399,129