MRVL Options History — February 2007

In February 2007, MRVL traded between $17.91 and $20.52. ATM implied volatility averaged 42.5%. The 30-day expected move averaged 12.4%. IV traded above realized volatility by 8.8% (HV 20d: 33.7%). Max pain ranged from $17.50 to $20.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 2 of 19 days. Put/call ratio averaged 0.38.

Notable Days

  • 2007-02-26: Highest Volume — 100,851 contracts
  • 2007-02-27: Largest IV drop — 22.5% change
  • 2007-02-26: Largest Expected Move — 13.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$19.14$17.91$20.52$18.35$20.52
Max Pain$17.70$17.50$20.00$18.75$20.00
ATM IV42.5%33.5%47.4%44.1%33.5%
Expected Move12.4%9.6%13.6%12.6%9.6%
HV 20d33.7%27.8%40.1%40.1%29.2%
Term Structure-2.0%-8.9%2.1%-0.0%2.1%
VWIV43.6%33.6%49.6%44.7%33.6%
Skew 25d-1.3%-11.2%2.5%1.2%-6.5%
Skew 10d0.5%-12.5%13.8%13.8%-9.8%
Call IV 25d45.1%37.3%52.5%44.1%37.3%
Put IV 25d43.8%30.8%48.3%45.3%30.8%
Bid-Ask Spread %10.185.4722.915.4710.94
Gamma HHI0.350.220.780.220.36
Net GEX3.6M909.1K10.2M909.1K6.4M
Net DEX-73.9M-165.2M-2.0M-4.0M-161.9M
Net VEX-1.1M-1.4M-971.2K-984.0K-1.3M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.380.071.140.451.14
Total Volume26,825.5796,634100,85135,63920,485
Total OI343,092.842273,745387,536317,222357,395

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2007-02-01$18.35$18.7544.1%12.6%40.1%0.0%44.7%1.2%-0.0%909.1K-4.0M-984.0K0.455.4724,58011,059186,923130,299
2007-02-02$18.46$17.5039.2%12.6%39.2%0.0%43.2%1.5%-1.0%1.3M-16.7M-1.0M0.4617.1113,1946,114201,565135,086
2007-02-05$18.19$17.5041.6%12.4%38.5%0.0%43.4%0.4%0.6%949.6K-2.0M-971.2K0.2511.8210,6342,638205,346135,131
2007-02-06$18.38$17.5039.2%12.4%38.8%0.0%42.0%2.5%-0.4%1.4M-17.5M-997.5K0.4422.916,8733,028211,641135,088
2007-02-07$18.80$17.5043.2%12.8%39.1%0.0%44.7%0.4%-0.7%2.7M-51.4M-1.0M0.319.0033,69810,502215,867134,699
2007-02-08$18.55$17.5045.1%12.9%32.4%0.0%46.8%-2.7%-2.0%2.7M-42.9M-1.1M0.147.4217,0182,376229,360142,949
2007-02-09$18.31$17.5044.0%12.6%32.5%0.0%45.4%-2.3%-0.7%2.3M-26.6M-1.1M0.279.0719,5285,191232,512143,588
2007-02-12$17.91$17.5044.9%12.9%32.9%0.0%47.5%-1.7%-1.6%1.3M-2.0M-1.0M0.2211.059,8802,206240,055145,044
2007-02-13$18.26$17.5045.3%13.0%33.4%0.0%46.2%-2.0%-2.4%2.3M-25.8M-1.0M0.478.774,5212,113240,316142,934
2007-02-14$18.49$17.5045.8%13.1%33.6%0.0%46.2%-0.4%-3.9%3.6M-45.7M-1.1M0.318.608,4962,624242,574142,345
2007-02-15$19.35$17.5046.0%13.2%34.1%0.0%46.0%-2.1%-4.1%6.0M-117.2M-1.1M0.249.0124,6695,871243,815142,707
2007-02-16$19.81$17.5043.5%12.5%34.3%0.0%43.5%-0.5%-3.4%10.2M-141.9M-1.1M0.398.1021,8888,481244,178143,358
2007-02-20$19.83$17.5043.3%12.4%34.0%0.0%43.3%1.6%-3.2%3.4M-105.5M-1.1M0.148.6419,5782,733173,110100,635
2007-02-21$19.96$17.5040.9%11.7%34.0%0.0%41.1%0.8%-1.3%4.1M-117.7M-1.1M0.369.737,0922,582182,178101,007
2007-02-22$20.18$17.5041.9%12.0%28.9%0.0%42.2%1.1%-1.9%4.1M-129.7M-1.1M0.609.0612,6287,629183,511102,081
2007-02-23$20.08$17.5041.9%12.0%27.8%0.0%42.1%-1.1%-4.1%3.9M-117.6M-1.1M0.078.5520,9341,435184,345106,733
2007-02-26$19.86$17.5047.4%13.6%28.2%0.0%49.6%-4.2%-8.9%4.1M-112.8M-1.1M0.469.4168,86531,986192,353107,459
2007-02-27$20.46$17.5036.7%10.5%29.8%0.0%37.5%-11.2%-0.4%6.2M-165.2M-1.4M0.428.7239,74516,812233,143127,434
2007-02-28$20.52$20.0033.5%9.6%29.2%0.0%33.6%-6.5%2.1%6.4M-161.9M-1.3M1.1410.949,58910,896231,266126,129