MRVL Options History — April 2008

In April 2008, MRVL traded between $10.50 and $13.16. ATM implied volatility averaged 50.4%, placing in the 35.2% IV rank vs the trailing year. The 30-day expected move averaged 14.4%. IV traded above realized volatility by 3.2% (HV 20d: 47.2%). Max pain ranged from $10.00 to $12.50. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 9 of 22 days. Put/call ratio averaged 0.17.

Notable Days

  • 2008-04-23: Highest Volume — 51,355 contracts
  • 2008-04-23: Largest IV drop — 17.1% change
  • 2008-04-07: Highest IV Rank — 45.2%
  • 2008-04-08: Largest Expected Move — 16.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$11.62$10.50$13.16$11.11$12.95
Max Pain$12.16$10.00$12.50$10.00$12.50
ATM IV50.4%43.0%56.5%51.8%44.9%
Expected Move14.4%12.3%16.2%14.8%12.9%
HV 20d47.2%39.6%53.1%49.4%52.5%
HV 60d57.6%53.8%62.8%62.8%55.2%
IV Rank35.2%23.4%45.2%37.5%26.5%
IV Percentile72.8%54.4%85.3%78.6%62.3%
Term Structure-0.1%-2.5%6.6%2.3%1.1%
VWIV50.3%43.1%56.2%53.5%45.1%
Skew 25d2.8%-7.2%18.4%-1.5%-7.0%
Skew 10d5.7%-14.0%43.9%18.3%-11.7%
Call IV 25d49.6%35.1%56.3%54.1%50.2%
Put IV 25d52.3%43.3%63.4%52.6%43.3%
Bid-Ask Spread %7.483.7915.3615.306.35
Gamma HHI0.430.320.520.430.43
Net GEX2.9M1.2M5.3M1.9M5.2M
Net DEX-80.3M-198.5M-15.4M-26.5M-190.2M
Net VEX-944.1K-1.2M-787.6K-791.0K-1.2M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.170.040.430.260.35
Total Volume17,3922,15351,35530,45833,056
Total OI543,636.409495,234583,567495,234583,567

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2008-04-01$11.11$10.0051.8%14.8%49.4%37.5%53.5%-1.5%2.3%1.9M-26.5M-791.0K0.2615.3024,1306,328379,770115,464
2008-04-02$11.23$10.0048.1%13.8%49.0%31.6%52.3%-2.3%6.6%2.3M-39.2M-855.9K0.1111.6220,4642,310395,728120,358
2008-04-03$11.56$10.0047.9%13.7%50.0%31.2%44.2%7.6%-1.3%2.9M-58.5M-913.0K0.1115.3614,2501,550405,807121,754
2008-04-04$11.56$12.5054.4%14.5%49.5%41.8%50.8%1.9%-1.0%3.0M-65.8M-960.9K0.146.228,9931,221414,951122,457
2008-04-07$11.22$12.5056.5%15.5%47.0%45.2%53.1%0.6%0.3%2.6M-46.2M-901.0K0.047.905,773245420,902123,249
2008-04-08$11.02$12.5052.9%16.2%46.2%39.3%54.9%3.7%-2.5%2.2M-36.0M-872.9K0.436.211,925836423,561123,155
2008-04-09$10.91$12.5056.4%16.2%46.1%45.0%55.3%4.3%-2.1%2.0M-29.2M-841.8K0.195.571,942365424,747122,877
2008-04-10$11.12$12.5055.0%15.8%46.2%42.7%54.0%2.9%-2.5%2.3M-40.3M-872.4K0.046.8917,328693425,044122,832
2008-04-11$10.64$12.5055.1%15.8%42.5%42.9%54.0%-2.5%-1.7%1.4M-20.7M-834.8K0.045.6912,633522434,634122,989
2008-04-14$10.61$12.5056.1%16.1%40.8%44.5%56.2%-3.2%-2.4%1.3M-21.3M-820.1K0.166.507,9651,313435,046120,882
2008-04-15$10.50$12.5054.5%15.6%40.9%42.0%55.6%-7.2%-0.4%1.2M-15.4M-787.6K0.199.894,189785435,822120,498
2008-04-16$10.87$12.5052.2%15.0%43.1%38.2%52.1%-0.1%0.4%1.8M-34.1M-827.7K0.187.583,084552435,643117,828
2008-04-17$10.74$12.5052.2%15.0%39.6%38.2%53.7%-3.3%-0.1%1.7M-31.6M-816.7K0.347.981,610543435,932117,906
2008-04-18$11.31$12.5052.4%15.0%43.4%38.5%52.7%0.8%-2.5%2.2M-57.4M-881.4K0.066.6324,2381,468435,919117,611
2008-04-21$11.97$12.5046.2%13.2%43.2%28.4%46.2%12.0%3.0%3.0M-92.9M-964.8K0.074.3220,9491,569402,635106,763
2008-04-22$11.57$12.5051.9%14.9%45.2%37.8%52.7%7.8%-2.0%2.6M-73.9M-931.3K0.398.664,6831,806402,675106,763
2008-04-23$12.46$12.5043.0%12.3%51.7%23.4%43.2%18.4%3.2%3.7M-128.1M-1.0M0.103.7946,7464,609412,094107,190
2008-04-24$13.16$12.5044.8%12.8%53.1%26.2%44.7%2.2%0.6%4.4M-187.8M-1.2M0.125.8137,4004,320432,770109,698
2008-04-25$13.14$12.5045.1%12.9%53.0%26.8%45.0%0.2%-1.1%4.9M-198.5M-1.2M0.216.4817,3683,576450,716111,398
2008-04-28$12.93$12.5043.1%12.4%52.5%23.5%43.1%15.0%0.6%5.0M-180.0M-1.1M0.144.6417,7582,522452,721112,094
2008-04-29$13.04$12.5043.6%12.5%52.3%24.3%43.6%11.0%-0.2%5.3M-192.2M-1.2M0.185.0916,1122,895462,057113,494
2008-04-30$12.95$12.5044.9%12.9%52.5%26.5%45.1%-7.0%1.1%5.2M-190.2M-1.2M0.356.3524,5698,487468,742114,825