MRVL Options History — October 2007

In October 2007, MRVL traded between $16.29 and $18.03. ATM implied volatility averaged 40.4%, placing in the 40.1% IV rank vs the trailing year. The 30-day expected move averaged 11.8%. IV traded above realized volatility by 10.0% (HV 20d: 30.4%). Max pain ranged from $15.00 to $17.50. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 18 of 23 days. Put/call ratio averaged 0.52.

Notable Days

2007-10-17: Highest Volume — 114,267 contracts
2007-10-24: Largest IV spike — 22.7% change
2007-10-25: Highest IV Rank — 72.7%
2007-10-25: Largest Expected Move — 14.3%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$17.14	$16.29	$18.03	$16.29	$18.03
Max Pain	$17.07	$15.00	$17.50	$15.00	$17.50
ATM IV	40.4%	35.8%	50.0%	37.4%	40.5%
Expected Move	11.8%	10.2%	14.3%	10.7%	11.6%
HV 20d	30.4%	25.1%	39.4%	29.6%	37.2%
HV 60d	41.7%	40.4%	43.1%	41.9%	43.1%
IV Rank	40.1%	24.5%	72.7%	30.1%	40.6%
IV Percentile	57.1%	21.3%	97.6%	32.1%	61.7%
Term Structure	2.4%	-1.2%	8.6%	0.4%	8.6%
VWIV	41.4%	35.9%	51.9%	38.0%	40.8%
Skew 25d	4.1%	-0.8%	9.3%	0.1%	3.8%
Skew 10d	7.8%	-5.8%	20.0%	4.8%	15.2%
Call IV 25d	41.3%	35.2%	49.5%	38.1%	42.5%
Put IV 25d	45.4%	38.2%	54.9%	38.2%	46.3%
Bid-Ask Spread %	9.31	5.66	17.45	11.12	7.95
Gamma HHI	0.34	0.25	0.78	0.31	0.29
Net GEX	10.5M	6.5M	48.3M	6.9M	10.2M
Net DEX	-237.8M	-384.4M	-139.2M	-139.2M	-383.5M
Net VEX	-2.4M	-2.7M	-2.2M	-2.2M	-2.6M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.52	0.12	2.63	0.29	0.29
Total Volume	29,466.87	3,838	114,267	6,044	18,590
Total OI	832,282.522	760,228	930,820	760,228	930,193

Daily Data (23 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 Vol	Put Vol	Call OI	Put OI
2007-10-01	$16.29	$15.00	37.4%	10.7%	29.6%	30.1%	38.0%	0.1%	0.4%	6.9M	-139.2M	-2.2M	0.29	11.12	4,679	1,365	584,144	176,084
2007-10-02	$16.85	$15.00	41.3%	11.8%	30.5%	43.1%	40.6%	9.3%	-1.2%	8.1M	-197.5M	-2.3M	0.12	17.45	21,577	2,624	584,564	176,517
2007-10-03	$16.58	$15.00	39.0%	11.2%	30.9%	35.6%	40.6%	6.4%	2.0%	8.0M	-174.5M	-2.2M	0.27	10.97	6,290	1,708	593,569	176,354
2007-10-04	$16.76	$15.00	39.4%	11.3%	30.8%	37.0%	39.9%	5.5%	2.2%	8.4M	-192.0M	-2.3M	0.20	7.33	14,565	2,856	595,359	177,149
2007-10-05	$16.78	$17.50	36.6%	11.8%	29.3%	27.3%	41.1%	5.8%	0.7%	8.6M	-193.2M	-2.3M	0.98	8.92	5,805	5,667	598,893	177,774
2007-10-08	$16.73	$17.50	37.3%	11.8%	29.3%	29.8%	42.3%	4.4%	-0.8%	8.6M	-178.1M	-2.2M	2.63	7.27	2,078	5,471	599,517	182,686
2007-10-09	$16.53	$17.50	36.8%	11.7%	29.3%	28.1%	41.4%	4.4%	-0.5%	8.1M	-158.8M	-2.2M	0.24	8.09	12,163	2,932	599,782	187,032
2007-10-10	$16.77	$17.50	39.4%	11.9%	28.7%	36.9%	41.4%	4.0%	0.0%	8.7M	-189.6M	-2.3M	1.17	8.22	11,903	13,945	605,100	188,637
2007-10-11	$16.90	$17.50	43.0%	12.3%	28.7%	49.1%	43.1%	2.5%	-0.8%	9.3M	-208.9M	-2.3M	0.35	11.88	35,664	12,631	611,563	199,242
2007-10-12	$17.13	$17.50	41.0%	11.8%	28.8%	42.4%	41.6%	5.4%	-0.3%	10.3M	-220.9M	-2.4M	0.60	8.67	8,501	5,074	615,328	207,541
2007-10-15	$16.95	$17.50	41.3%	11.8%	27.5%	43.2%	41.6%	3.4%	2.7%	9.1M	-205.4M	-2.3M	0.50	9.25	23,515	11,849	616,156	211,385
2007-10-16	$16.87	$17.50	42.3%	12.1%	27.4%	46.8%	43.1%	2.5%	1.7%	9.5M	-192.9M	-2.4M	0.47	8.19	2,610	1,228	631,219	220,259
2007-10-17	$17.48	$17.50	36.3%	10.4%	25.1%	26.2%	36.6%	3.7%	5.8%	13.4M	-278.8M	-2.5M	0.19	9.94	96,284	17,983	628,863	216,541
2007-10-18	$17.91	$17.50	37.5%	10.7%	25.9%	30.3%	38.4%	0.1%	5.0%	10.6M	-384.4M	-2.6M	0.21	5.85	40,748	8,701	648,825	227,865
2007-10-19	$17.48	$17.50	40.5%	11.6%	27.7%	40.7%	41.2%	-0.8%	2.4%	48.3M	-276.6M	-2.5M	0.54	13.31	11,984	6,444	639,820	232,435
2007-10-22	$17.61	$17.50	35.8%	10.2%	27.3%	24.5%	36.3%	1.7%	6.9%	7.4M	-257.0M	-2.5M	0.77	6.46	6,958	5,371	605,742	214,512
2007-10-23	$18.03	$17.50	35.8%	10.3%	27.9%	24.7%	35.9%	5.1%	6.9%	8.1M	-307.1M	-2.6M	0.51	7.02	16,916	8,654	609,392	217,898
2007-10-24	$17.22	$17.50	44.0%	12.6%	31.7%	52.4%	43.9%	1.5%	1.7%	6.9M	-217.6M	-2.5M	0.46	9.71	41,766	19,327	613,022	220,542
2007-10-25	$16.64	$17.50	50.0%	14.3%	33.8%	72.7%	51.9%	5.4%	0.0%	6.5M	-163.2M	-2.4M	0.31	5.66	45,814	14,067	634,789	231,942
2007-10-26	$16.85	$17.50	47.5%	13.6%	34.0%	64.4%	47.6%	6.1%	2.4%	7.8M	-210.0M	-2.5M	0.24	6.48	36,626	8,817	668,223	235,890
2007-10-29	$17.86	$17.50	43.3%	12.4%	39.4%	50.1%	43.7%	7.4%	4.0%	9.5M	-356.5M	-2.7M	0.22	9.97	34,828	7,569	676,402	242,928
2007-10-30	$17.98	$17.50	42.2%	12.1%	37.9%	46.3%	42.1%	6.4%	5.2%	10.3M	-383.3M	-2.7M	0.37	14.46	9,923	3,668	684,257	246,563
2007-10-31	$18.03	$17.50	40.5%	11.6%	37.2%	40.6%	40.8%	3.8%	8.6%	10.2M	-383.5M	-2.6M	0.29	7.95	14,413	4,177	682,598	247,595