MARA Options History — December 2024

In December 2024, MARA traded between $16.81 and $26.19. ATM implied volatility averaged 111.1%, placing in the 26.8% IV rank vs the trailing year. The 30-day expected move averaged 32.2%. IV traded below realized volatility by 8.0% (HV 20d: 119.1%). Max pain ranged from $19.00 to $20.00. Net GEX was positive for 19 of 21 trading days. Term structure was in contango for 15 of 21 days. Put/call ratio averaged 0.39.

Notable Days

  • 2024-12-02: Highest Volume — 597,222 contracts
  • 2024-12-03: Largest IV drop — 7.6% change
  • 2024-12-02: Highest IV Rank — 43.0%
  • 2024-12-02: Largest Expected Move — 39.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$22.18$16.81$26.19$25.26$16.81
Max Pain$19.86$19.00$20.00$19.00$20.00
ATM IV111.1%94.5%129.9%129.9%94.5%
Expected Move32.2%26.4%39.6%39.6%26.4%
HV 20d119.1%78.7%168.2%168.2%78.7%
HV 60d114.7%110.7%118.4%112.5%117.2%
IV Rank26.8%13.2%43.0%43.0%16.0%
IV Percentile55.5%29.0%81.0%81.0%29.0%
Term Structure1.5%-0.7%5.3%-0.4%3.2%
VWIV121.7%100.5%139.7%139.7%100.5%
Skew 25d-19.6%-32.1%-5.8%-15.4%-5.8%
Skew 10d-32.5%-76.5%-11.2%-76.5%-13.7%
Call IV 25d126.0%100.9%144.7%140.7%100.9%
Put IV 25d106.4%93.1%125.3%125.3%95.1%
Bid-Ask Spread %4.582.7311.434.154.02
Gamma HHI0.090.050.180.110.05
Net GEX9.1M-816.9K23.3M11.4M2.1M
Net DEX-810.7M-1.57B-60.1M-1.29B-60.1M
Net VEX-4.6M-5.5M-3.4M-5.1M-3.4M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.390.300.560.440.36
Total Volume332,269.286164,856597,222597,222235,205
Total OI1,892,232.6191,643,0932,093,4341,662,9111,746,219

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-12-02$25.26$19.00129.9%39.6%168.2%43.0%139.7%-15.4%-0.4%11.4M-1.29B-5.1M0.444.15N/AN/A413,714183,5081,103,551559,360
2024-12-03$24.98$19.00120.0%35.6%167.0%34.4%128.2%-21.8%0.9%12.7M-1.29B-5.3M0.384.23N/AN/A179,05467,3301,228,115643,627
2024-12-04$25.95$19.00127.1%37.9%167.0%40.5%139.2%-24.4%1.7%15.6M-1.53B-5.5M0.323.29N/AN/A254,50880,6571,263,354662,384
2024-12-05$25.04$20.00123.6%36.9%158.1%37.5%139.4%-27.1%-0.3%13.4M-1.35B-5.5M0.303.24N/AN/A370,030112,0751,298,787693,571
2024-12-06$26.19$20.00119.9%36.0%158.4%34.3%134.6%-24.5%4.5%23.3M-1.57B-5.5M0.562.91N/AN/A331,893185,1721,320,689716,213
2024-12-09$24.02$20.00117.4%34.7%162.3%32.1%134.5%-31.4%2.9%11.7M-1.13B-5.1M0.352.80N/AN/A262,34291,8861,198,656639,779
2024-12-10$22.82$20.00119.4%34.5%128.3%33.9%134.8%-27.1%0.1%8.9M-911.2M-5.0M0.453.32N/AN/A203,53892,5311,249,147677,440
2024-12-11$23.48$20.00116.0%34.2%128.8%30.9%130.5%-26.6%3.6%11.1M-1.03B-5.0M0.302.73N/AN/A233,27269,7611,282,287699,436
2024-12-12$22.81$20.00116.5%33.4%116.9%31.3%128.7%-27.8%-0.2%9.4M-894.6M-5.0M0.314.11N/AN/A234,14672,4751,329,334711,700
2024-12-13$22.62$20.00110.8%32.1%115.4%26.4%123.1%-28.6%1.5%7.2M-814.8M-4.9M0.393.37N/AN/A248,03195,9121,362,376731,058
2024-12-16$24.21$20.00115.0%33.1%117.6%30.0%129.7%-32.1%0.0%15.2M-1.19B-5.0M0.353.25N/AN/A313,821111,2021,232,271656,119
2024-12-17$24.71$20.00115.6%33.3%99.2%30.5%121.0%-30.9%0.4%19.2M-1.30B-5.2M0.333.81N/AN/A218,55171,3611,290,249677,635
2024-12-18$21.49$20.00107.2%30.7%107.2%23.2%122.0%-22.7%-0.7%7.4M-638.5M-4.6M0.3511.43N/AN/A231,45781,6831,313,492692,551
2024-12-19$20.51$20.00110.7%31.7%97.4%26.3%120.7%-11.2%-0.2%4.6M-436.5M-4.4M0.385.33N/AN/A301,796115,0141,331,105717,089
2024-12-20$19.94$20.00104.6%30.0%95.3%20.9%112.5%-7.0%0.4%-816.9K-341.1M-4.1M0.388.01N/AN/A276,438103,6891,353,993725,729
2024-12-23$19.32$20.0099.2%28.3%88.1%16.2%106.7%-8.9%2.0%4.1M-299.8M-4.0M0.464.51N/AN/A152,44069,8601,087,104584,927
2024-12-24$20.04$20.0095.8%27.0%89.8%13.2%102.3%-10.5%2.4%6.3M-390.4M-4.2M0.417.61N/AN/A130,63454,1571,124,946613,960
2024-12-26$19.57$20.0097.2%27.2%89.0%14.5%102.8%-10.6%5.0%5.4M-292.8M-4.0M0.505.76N/AN/A110,13954,7171,141,570631,109
2024-12-27$18.45$20.0096.6%27.1%84.5%14.0%101.9%-9.7%-0.4%-31.7K-161.4M-3.7M0.524.62N/AN/A140,11173,1031,161,817641,043
2024-12-30$17.46$20.0096.3%27.0%83.0%13.7%102.2%-7.3%5.3%2.3M-99.2M-3.4M0.323.72N/AN/A265,64384,7991,048,938594,155
2024-12-31$16.81$20.0094.5%26.4%78.7%16.0%100.5%-5.8%3.2%2.1M-60.1M-3.4M0.364.02N/AN/A173,34761,8581,121,345624,874