MARA Options History — November 2024

In November 2024, MARA traded between $15.55 and $27.80. ATM implied volatility averaged 122.2%, placing in the 36.3% IV rank vs the trailing year. The 30-day expected move averaged 35.2%. IV traded below realized volatility by 15.3% (HV 20d: 137.5%). Max pain ranged from $16.00 to $18.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 4 of 20 days. Put/call ratio averaged 0.36.

Notable Days

  • 2024-11-11: Highest Volume — 881,978 contracts
  • 2024-11-11: Largest IV spike — 42.2% change
  • 2024-11-22: Highest IV Rank — 61.6%
  • 2024-11-22: Largest Expected Move — 43.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$21.80$15.55$27.80$16.21$27.80
Max Pain$17.23$16.00$18.00$16.00$18.00
ATM IV122.2%96.3%151.3%103.5%124.2%
Expected Move35.2%28.2%43.1%33.7%37.6%
HV 20d137.5%75.7%170.9%75.7%163.8%
HV 60d98.3%72.1%113.0%75.0%110.6%
IV Rank36.3%13.7%61.6%20.0%38.0%
IV Percentile70.6%30.6%96.4%43.7%78.6%
Term Structure-1.7%-4.6%5.2%-1.7%-2.2%
VWIV128.0%101.5%154.3%119.4%133.1%
Skew 25d-19.3%-39.2%2.6%-7.9%-19.7%
Skew 10d-29.5%-53.5%-10.6%-19.6%-12.2%
Call IV 25d136.5%102.5%181.0%111.1%137.0%
Put IV 25d117.2%95.2%144.6%103.2%117.3%
Bid-Ask Spread %8.854.7615.606.258.42
Gamma HHI0.080.050.140.060.13
Net GEX13.6M4.6M24.3M4.6M24.3M
Net DEX-1.10B-1.95B-267.2M-298.1M-1.95B
Net VEX-4.3M-5.4M-2.9M-3.1M-5.4M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.360.220.600.300.60
Total Volume478,680.4142,683881,978255,736635,985
Total OI1,672,914.851,468,2601,872,5451,623,4571,872,545

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-11-01$16.21$16.00103.5%33.7%75.7%20.0%119.4%-7.9%-1.7%4.6M-298.1M-3.1M0.306.25N/AN/A196,10659,6301,140,963482,494
2024-11-04$15.55$17.00110.4%31.2%76.5%26.0%112.3%2.6%-1.1%4.8M-267.2M-2.9M0.3915.60N/AN/A149,87658,6091,024,069444,191
2024-11-05$16.20$17.00113.8%31.5%78.0%29.0%115.4%-7.6%-4.6%6.1M-362.2M-3.1M0.2712.59N/AN/A112,76929,9141,054,316456,468
2024-11-06$19.30$17.0099.5%28.7%98.5%16.5%103.3%-7.6%5.2%13.9M-801.7M-3.6M0.229.34N/AN/A373,38081,1751,070,775465,317
2024-11-07$19.23$17.0098.1%28.4%98.0%15.3%101.5%-2.1%-4.6%15.5M-788.5M-3.5M0.3010.37N/AN/A179,03853,2021,111,236470,342
2024-11-08$19.09$17.0096.3%28.2%96.4%13.7%101.8%-7.3%1.2%15.5M-758.0M-3.5M0.355.20N/AN/A254,34189,3851,131,098482,492
2024-11-11$25.30$17.00136.9%37.9%136.2%49.1%133.2%-20.5%-3.8%13.9M-1.63B-4.4M0.255.77N/AN/A706,353175,6251,041,337439,900
2024-11-12$25.24$17.00132.3%37.1%136.1%45.0%133.8%-25.6%-2.0%16.3M-1.61B-4.6M0.345.80N/AN/A356,197121,8321,116,205494,898
2024-11-13$21.68$17.00127.9%32.7%148.6%41.2%123.4%-32.8%-1.9%12.7M-1.00B-4.2M0.358.08N/AN/A521,370184,6441,178,861527,228
2024-11-14$20.66$17.00106.2%31.0%150.1%22.3%117.9%-25.5%2.2%9.9M-774.8M-4.1M0.3510.54N/AN/A253,25287,9351,225,083545,948
2024-11-15$21.02$17.00111.7%32.5%149.4%27.2%125.0%-26.8%1.2%12.9M-864.5M-4.2M0.3814.06N/AN/A220,74883,3251,248,830555,028
2024-11-18$17.88$17.00122.8%35.1%160.7%36.8%130.7%-29.3%-1.9%6.2M-459.8M-3.7M0.3411.41N/AN/A398,786136,6211,064,077450,186
2024-11-19$19.95$17.00119.4%34.2%165.4%33.8%128.5%-27.9%-2.5%10.9M-778.6M-4.4M0.3410.13N/AN/A297,370101,4001,186,347501,146
2024-11-20$22.73$17.50146.0%41.9%170.3%57.0%152.0%-31.0%-3.9%15.5M-1.32B-5.0M0.3011.41N/AN/A542,983161,2201,230,947530,376
2024-11-21$23.96$17.00146.6%42.2%170.9%57.5%153.8%-39.2%-2.2%18.5M-1.54B-5.2M0.367.06N/AN/A576,934209,5401,259,510558,479
2024-11-22$26.20$18.00151.3%43.1%170.6%61.6%154.3%-27.5%-4.5%22.8M-1.92B-5.3M0.424.76N/AN/A466,575194,8431,272,867588,833
2024-11-25$26.23$18.00134.2%39.2%167.5%46.7%141.8%-20.8%-2.1%16.0M-1.63B-5.3M0.385.94N/AN/A434,224163,6991,130,121524,988
2024-11-26$24.99$18.00132.0%38.6%168.8%44.8%141.0%-15.0%-2.0%14.1M-1.39B-5.2M0.507.20N/AN/A327,000164,5651,181,743575,887
2024-11-27$26.87$18.00131.5%38.4%169.3%44.4%137.1%-15.1%-2.4%18.4M-1.75B-5.4M0.467.10N/AN/A283,711129,4461,209,033614,133
2024-11-29$27.80$18.00124.2%37.6%163.8%38.0%133.1%-19.7%-2.2%24.3M-1.95B-5.4M0.608.42N/AN/A396,635239,3501,238,780633,765