MARA Options History — February 2026 In February 2026, MARA traded between $6.72 and $9.11. ATM implied volatility averaged 103.1%, placing in the 62.9% IV rank vs the trailing year. The 30-day expected move averaged 29.5%. IV traded below realized volatility by 10.5% (HV 20d: 113.5%). Max pain ranged from $10.00 to $10.00. Net GEX was positive for 15 of 19 trading days. Term structure was in contango for 7 of 19 days. Put/call ratio averaged 0.65.
Notable Days 2026-02-27 : Highest Volume — 573,853 contracts2026-02-05 : Largest IV spike — 29.6% change2026-02-05 : Highest IV Rank — 100.0%2026-02-05 : Largest Expected Move — 36.5%Monthly Statistics Metric Avg Min Max Open Close Price $8.04 $6.72 $9.11 $9.11 $9.11 Max Pain $10.00 $10.00 $10.00 $10.00 $10.00 ATM IV 103.1% 88.6% 131.7% 88.6% 94.2% Expected Move 29.5% 25.1% 36.5% 25.1% 26.2% HV 20d 113.5% 58.3% 128.8% 64.4% 128.8% HV 60d 86.8% 71.1% 94.3% 71.5% 89.4% IV Rank 62.9% 48.9% 100.0% 51.4% 48.9% IV Percentile 89.7% 70.6% 100.0% 70.6% 77.0% Term Structure -1.6% -6.2% 3.0% 2.1% -1.6% VWIV 106.1% 91.5% 127.4% 91.5% 101.1% Skew 25d 10.1% -3.3% 17.8% -3.3% 10.9% Skew 10d 19.4% -7.4% 37.0% -2.1% 20.0% Call IV 25d 100.7% 87.8% 128.0% 95.7% 87.8% Put IV 25d 110.8% 92.5% 135.6% 92.5% 98.7% Bid-Ask Spread % 12.73 9.67 17.23 17.23 13.47 Gamma HHI 0.11 0.07 0.34 0.11 0.10 Net GEX 1.4M -1.6M 5.2M 1.9M 1.7M Net DEX 109.2M -101.6M 210.8M 64.4M -101.6M Net VEX -2.6M -2.9M -2.2M -2.9M -2.9M Div Yield 0.0% 0.0% 0.0% 0.0% 0.0% P/C Ratio 0.65 0.20 2.43 0.48 0.38 Total Volume 230,617.474 92,780 573,853 149,347 573,853 Total OI 2,197,412.316 1,999,656 2,326,048 1,999,656 2,253,108
Daily Data (19 trading days) Date Price Max Pain ATM IV Exp Move HV 20d IV Rank VWIV Skew 25d Term Str GEX DEX VEX P/C Spread % Call Wall Put Wall Call Vol Put Vol Call OI Put OI 2026-02-02 $9.11 $10.00 88.6% 25.1% 64.4% 51.4% 91.5% -3.3% 2.1% 1.9M 64.4M -2.9M 0.48 17.23 N/A N/A 100,701 48,646 1,138,379 861,277 2026-02-03 $8.91 $10.00 94.4% 26.4% 58.3% 61.1% 97.4% 1.4% -0.0% 1.4M 91.4M -2.8M 0.64 13.79 N/A N/A 109,350 70,131 1,173,814 873,636 2026-02-04 $8.25 $10.00 101.6% 29.4% 63.0% 73.4% 105.0% -1.1% 0.6% -335.6K 150.2M -2.6M 0.65 13.06 N/A N/A 175,855 113,545 1,205,442 898,467 2026-02-05 $6.72 $10.00 131.7% 36.5% 93.2% 100.0% 127.4% 7.6% -3.3% -518.8K 210.8M -2.2M 0.81 9.67 N/A N/A 272,860 219,811 1,238,114 930,292 2026-02-06 $8.34 $10.00 108.9% 32.2% 124.3% 68.8% 109.2% 13.5% -6.2% 1.2M 118.4M -2.8M 0.47 12.84 N/A N/A 227,756 106,884 1,239,306 1,031,694 2026-02-09 $8.02 $10.00 107.1% 30.6% 124.7% 66.4% 105.6% 10.0% -2.9% 1.5M 113.0M -2.6M 0.37 13.46 N/A N/A 154,723 57,075 1,181,960 989,862 2026-02-10 $7.71 $10.00 108.8% 30.2% 123.2% 68.8% 112.8% 7.8% -3.5% 845.0K 137.6M -2.6M 2.43 11.42 N/A N/A 63,514 154,235 1,216,989 1,013,327 2026-02-11 $7.46 $10.00 106.3% 31.3% 122.7% 65.3% 112.6% 13.1% 1.9% -501.1K 179.1M -2.4M 0.92 12.04 N/A N/A 83,381 77,064 1,229,959 1,041,839 2026-02-12 $7.24 $10.00 112.3% 31.8% 122.0% 73.5% 115.2% 8.7% -4.3% -1.6M 195.6M -2.4M 0.32 14.51 N/A N/A 192,432 60,761 1,243,837 1,068,161 2026-02-13 $7.87 $10.00 103.3% 29.9% 127.5% 61.3% 104.9% 12.0% 0.4% 784.8K 125.8M -2.5M 0.49 13.67 N/A N/A 203,928 98,944 1,265,486 1,060,562 2026-02-17 $7.59 $10.00 105.3% 30.2% 125.6% 64.0% 109.3% 12.8% 3.0% 548.9K 152.8M -2.4M 0.52 10.88 N/A N/A 83,571 43,149 1,171,854 1,021,157 2026-02-18 $7.58 $10.00 101.0% 29.0% 123.8% 58.2% 106.0% 12.6% 0.4% 732.3K 162.8M -2.4M 0.79 15.94 N/A N/A 51,965 40,815 1,208,482 1,030,407 2026-02-19 $7.96 $10.00 99.4% 28.7% 125.6% 56.0% 103.3% 14.5% -4.0% 2.4M 119.6M -2.5M 0.20 10.78 N/A N/A 185,283 37,237 1,229,797 1,033,566 2026-02-20 $7.97 $10.00 99.1% 28.2% 125.5% 55.6% 100.0% 14.1% 1.7% 5.2M 107.7M -2.5M 0.42 13.96 N/A N/A 177,357 73,666 1,269,888 1,034,925 2026-02-23 $7.78 $10.00 100.0% 29.0% 124.6% 56.8% 102.7% 12.2% -1.4% 1.4M 113.4M -2.5M 0.55 11.50 N/A N/A 67,592 37,149 1,112,895 977,023 2026-02-24 $8.04 $10.00 99.1% 28.8% 125.1% 55.5% 101.3% 12.9% -1.7% 2.2M 90.8M -2.5M 0.55 11.69 N/A N/A 69,853 38,462 1,142,496 993,200 2026-02-25 $8.64 $10.00 99.5% 28.6% 127.3% 56.1% 100.3% 14.0% -4.7% 3.4M 11.9M -2.7M 0.53 11.58 N/A N/A 104,842 55,052 1,167,520 990,633 2026-02-26 $8.48 $10.00 97.8% 29.1% 127.3% 53.7% 111.4% 17.8% -6.1% 3.8M 30.2M -2.6M 0.81 10.45 N/A N/A 82,850 67,440 1,204,379 1,007,101 2026-02-27 $9.11 $10.00 94.2% 26.2% 128.8% 48.9% 101.1% 10.9% -1.6% 1.7M -101.6M -2.9M 0.38 13.47 N/A N/A 414,363 159,490 1,233,647 1,019,461
« Jan 2026 | All History | Mar 2026 » Home MARA History February 2026