MRVL Options History — April 2007

In April 2007, MRVL traded between $16.14 and $17.35. ATM implied volatility averaged 41.9%. The 30-day expected move averaged 12.0%. IV traded above realized volatility by 17.0% (HV 20d: 24.9%). Max pain ranged from $17.50 to $17.50. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 6 of 20 days. Put/call ratio averaged 0.65.

Notable Days

  • 2007-04-27: Highest Volume — 97,470 contracts
  • 2007-04-27: Largest IV spike — 15.7% change
  • 2007-04-27: Largest Expected Move — 15.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$16.85$16.14$17.35$16.68$16.14
Max Pain$17.50$17.50$17.50$17.50$17.50
ATM IV41.9%36.5%52.8%41.7%51.2%
Expected Move12.0%10.8%15.2%11.9%14.7%
HV 20d24.9%20.5%31.0%29.1%22.7%
HV 60d30.6%27.8%33.9%33.9%28.7%
Term Structure-1.8%-8.9%1.0%0.4%-3.6%
VWIV42.6%38.1%53.1%42.3%53.1%
Skew 25d2.0%-4.5%13.3%9.3%-3.6%
Skew 10d0.5%-18.9%22.2%16.4%-18.8%
Call IV 25d42.7%32.5%54.4%37.1%54.4%
Put IV 25d44.6%40.0%50.8%46.4%50.8%
Bid-Ask Spread %10.495.0620.6712.346.74
Gamma HHI0.260.170.510.180.24
Net GEX2.4M1.0M6.1M1.0M2.8M
Net DEX12.8M-27.6M35.5M34.5M23.0M
Net VEX-1.1M-1.3M-1.0M-1.1M-1.3M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.650.082.890.790.17
Total Volume25,335.752,92697,47013,87669,334
Total OI425,146379,232532,316388,703532,316

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2007-04-02$16.68$17.5041.7%11.9%29.1%0.0%42.3%9.3%0.4%1.0M34.5M-1.1M0.7912.347,7646,112243,523145,180
2007-04-03$16.58$17.5042.6%12.2%28.6%0.0%43.4%5.5%0.3%1.1M35.5M-1.1M0.5611.2323,09712,985248,017147,117
2007-04-04$16.85$17.5039.5%11.3%29.7%0.0%40.5%12.6%1.0%1.6M21.7M-1.2M0.559.676,9673,837262,272156,682
2007-04-05$17.18$17.5039.6%11.4%30.9%0.0%39.8%13.3%-0.7%2.1M-1.5M-1.2M0.265.065,3501,399264,837155,060
2007-04-09$17.00$17.5042.3%11.3%31.0%0.0%39.9%1.1%-0.9%1.9M9.9M-1.1M0.189.122,861501263,465155,424
2007-04-10$16.95$17.5041.3%11.1%30.4%0.0%38.9%3.4%-0.4%2.0M11.0M-1.1M1.6310.322,5744,193264,005150,446
2007-04-11$16.89$17.5036.5%11.0%23.9%0.0%38.7%2.5%0.1%1.9M17.4M-1.1M2.899.481,9625,663264,243150,814
2007-04-12$16.91$17.5037.7%10.8%23.7%0.0%38.1%2.8%0.3%1.9M17.9M-1.1M0.2410.812,356570264,690154,311
2007-04-13$16.83$17.5038.5%11.0%23.2%0.0%38.6%4.8%0.0%1.8M27.2M-1.1M1.056.991,6801,763265,325153,835
2007-04-16$16.79$17.5038.7%11.1%22.5%0.0%39.4%4.3%-1.0%1.9M33.6M-1.0M0.486.683,3261,583265,970153,459
2007-04-17$17.06$17.5041.6%11.9%22.7%0.0%41.6%1.5%-2.8%2.5M11.7M-1.1M0.0810.1020,1161,517266,171154,100
2007-04-18$17.18$17.5042.4%12.2%20.5%0.0%43.5%0.4%-3.5%3.7M-11.9M-1.1M0.089.2027,3582,230281,927153,606
2007-04-19$17.35$17.5040.1%11.5%20.6%0.0%40.7%-0.6%-2.4%5.1M-27.6M-1.2M1.2911.289,13911,761293,312154,467
2007-04-20$17.34$17.5037.6%10.8%20.6%0.0%39.9%-1.8%-0.1%6.1M5.0M-1.1M0.5020.6713,4636,708292,353164,561
2007-04-23$16.67$17.5040.5%11.6%24.2%0.0%43.3%-1.4%-1.3%1.4M21.2M-1.0M0.2710.2817,5194,723239,824139,408
2007-04-24$16.94$17.5041.5%11.9%25.1%0.0%44.0%-3.3%-1.2%1.9M-73.1K-1.1M0.1011.3932,8893,448249,734141,039
2007-04-25$16.75$17.5046.6%13.4%24.6%0.0%47.0%-3.1%-3.6%2.1M2.1M-1.1M0.1510.8133,5865,153270,295143,042
2007-04-26$16.70$17.5045.7%13.1%21.8%0.0%46.3%-3.5%-7.7%2.9M-5.0M-1.2M1.3310.8723,09230,666288,110145,157
2007-04-27$16.28$17.5052.8%15.2%22.6%0.0%52.2%-4.5%-8.9%2.1M31.4M-1.2M0.3316.7273,29124,179303,577161,246
2007-04-30$16.14$17.5051.2%14.7%22.7%0.0%53.1%-3.6%-3.6%2.8M23.0M-1.3M0.176.7459,4489,886357,320174,996