MARA Options History — August 2024

In August 2024, MARA traded between $15.14 and $18.62. ATM implied volatility averaged 87.6%, placing in the 4.5% IV rank vs the trailing year. The 30-day expected move averaged 25.2%. IV traded below realized volatility by 7.9% (HV 20d: 95.6%). Max pain ranged from $19.00 to $20.50. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 16 of 22 days. Put/call ratio averaged 0.36.

Notable Days

  • 2024-08-23: Highest Volume — 427,481 contracts
  • 2024-08-06: Largest IV drop — 12.5% change
  • 2024-08-05: Highest IV Rank — 18.1%
  • 2024-08-05: Largest Expected Move — 30.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$16.85$15.14$18.62$18.09$16.66
Max Pain$19.52$19.00$20.50$20.50$19.00
ATM IV87.6%80.6%105.1%99.3%81.3%
Expected Move25.2%22.2%30.7%29.0%22.2%
HV 20d95.6%82.4%117.0%106.3%84.0%
HV 60d88.9%85.4%91.9%91.1%87.5%
IV Rank4.5%0.0%18.1%12.8%0.6%
IV Percentile10.0%0.0%45.6%34.1%1.6%
Term Structure1.6%-4.5%7.9%7.9%5.3%
VWIV91.5%80.9%113.5%107.9%80.9%
Skew 25d-2.6%-10.2%2.0%-4.2%-2.7%
Skew 10d-7.0%-31.1%6.2%-31.1%-6.9%
Call IV 25d90.7%81.9%118.4%106.2%82.3%
Put IV 25d88.0%79.6%108.2%102.0%79.6%
Bid-Ask Spread %18.194.2328.8413.1212.13
Gamma HHI0.070.040.140.050.08
Net GEX5.5M1.6M13.0M2.4M2.6M
Net DEX-219.8M-564.4M-46.5M-189.3M-190.0M
Net VEX-2.7M-3.2M-2.3M-2.9M-2.7M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.360.230.450.320.37
Total Volume203,240.455115,976427,481310,443196,971
Total OI1,290,916.51,156,1971,399,8851,281,8151,359,321

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-08-01$18.09$20.5099.3%29.0%106.3%12.8%107.9%-4.2%7.9%2.4M-189.3M-2.9M0.3213.12N/AN/A235,41575,028879,606402,209
2024-08-02$17.20$20.0098.2%28.2%107.1%11.8%101.5%-6.0%6.4%2.0M-117.9M-2.8M0.4311.46N/AN/A179,97277,095931,973412,457
2024-08-05$16.54$20.00105.1%30.7%107.2%18.1%113.5%-10.2%-1.2%2.4M-146.4M-2.7M0.4211.52N/AN/A154,10565,353788,005368,192
2024-08-06$17.30$20.0092.0%27.9%108.8%6.2%103.5%-2.0%-4.5%4.0M-202.8M-2.8M0.4212.30N/AN/A95,61339,770821,862385,211
2024-08-07$16.01$20.0098.7%28.1%111.8%12.3%103.0%1.2%3.0%1.9M-82.6M-2.5M0.4016.88N/AN/A127,29851,346833,765396,379
2024-08-08$17.51$20.0092.7%26.4%117.0%6.9%95.4%2.0%-3.3%5.6M-217.3M-2.8M0.3915.18N/AN/A133,35752,210849,409407,023
2024-08-09$17.12$20.0087.0%25.4%112.2%1.7%93.3%-0.3%4.6%5.3M-168.9M-2.6M0.4320.29N/AN/A95,29440,584873,313416,211
2024-08-12$15.27$20.0092.4%26.1%94.3%6.6%95.3%-3.7%-3.0%1.6M-46.5M-2.3M0.3528.84N/AN/A157,39754,581809,944382,159
2024-08-13$15.50$20.0085.4%24.9%89.2%0.3%91.3%-0.1%2.5%2.7M-67.6M-2.4M0.4125.33N/AN/A145,27959,481868,362397,163
2024-08-14$15.14$20.0083.9%24.5%89.1%0.0%87.7%0.5%2.1%2.6M-49.5M-2.4M0.3327.64N/AN/A115,76738,767917,741426,922
2024-08-15$15.54$20.0081.2%23.6%89.2%0.0%84.9%-0.6%1.0%4.3M-109.1M-2.6M0.3415.13N/AN/A152,34351,078952,191424,372
2024-08-16$16.26$19.0080.6%23.4%89.3%0.0%83.5%-0.9%1.7%6.1M-216.9M-2.7M0.3326.53N/AN/A170,99457,106979,351420,534
2024-08-19$16.34$19.0081.3%23.3%89.7%0.6%83.8%-3.5%1.5%5.8M-221.5M-2.7M0.2420.56N/AN/A117,83028,409843,145378,245
2024-08-20$16.52$19.0083.1%23.8%82.4%2.2%86.5%-4.0%1.3%7.4M-246.6M-2.8M0.2325.15N/AN/A134,97631,207880,764389,820
2024-08-21$17.55$19.0080.6%23.1%85.9%0.0%83.3%-1.8%2.4%10.7M-375.7M-2.9M0.3319.19N/AN/A194,81563,648895,162398,166
2024-08-22$16.91$19.0083.4%23.8%86.5%2.4%86.9%-3.2%2.0%9.8M-283.2M-2.8M0.3021.78N/AN/A125,35738,126911,599409,417
2024-08-23$18.62$19.0083.3%23.7%92.0%2.4%84.8%-4.0%0.3%13.0M-564.4M-3.1M0.2921.36N/AN/A331,79995,682929,530412,767
2024-08-26$18.59$19.0082.5%23.6%91.1%1.7%85.3%-4.1%2.8%9.5M-454.4M-3.2M0.4518.01N/AN/A118,64953,598870,294394,120
2024-08-27$17.74$19.0084.0%24.0%91.7%3.0%87.3%-4.6%4.2%8.3M-343.1M-3.0M0.3311.89N/AN/A148,20448,351894,594404,211
2024-08-28$17.16$19.0088.0%24.3%92.1%6.5%87.8%-2.7%-0.3%6.8M-276.0M-2.9M0.4421.69N/AN/A80,71535,261927,021411,836
2024-08-29$17.16$19.0084.6%23.5%85.3%3.5%85.7%-2.9%-1.0%6.6M-266.5M-2.9M0.374.23N/AN/A147,52954,930929,223416,574
2024-08-30$16.66$19.0081.3%22.2%84.0%0.6%80.9%-2.7%5.3%2.6M-190.0M-2.7M0.3712.13N/AN/A143,51753,454940,252419,069