MRVL Options History — June 2008

In June 2008, MRVL traded between $15.76 and $18.06. ATM implied volatility averaged 43.3%, placing in the 23.9% IV rank vs the trailing year. The 30-day expected move averaged 12.4%. IV traded below realized volatility by 38.2% (HV 20d: 81.5%). Max pain ranged from $12.50 to $17.50. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 13 of 21 days. Put/call ratio averaged 0.46.

Notable Days

2008-06-13: Highest Volume — 86,776 contracts
2008-06-13: Largest IV spike — 17.8% change
2008-06-13: Highest IV Rank — 33.4%
2008-06-13: Largest Expected Move — 14.1%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$17.06	$15.76	$18.06	$17.28	$17.66
Max Pain	$15.12	$12.50	$17.50	$12.50	$17.50
ATM IV	43.3%	39.1%	49.3%	41.5%	45.9%
Expected Move	12.4%	11.2%	14.1%	11.9%	13.1%
HV 20d	81.5%	49.7%	89.1%	81.2%	49.7%
HV 60d	61.7%	60.7%	62.7%	62.7%	62.7%
IV Rank	23.9%	17.1%	33.4%	21.0%	28.0%
IV Percentile	50.2%	31.0%	69.8%	44.8%	61.5%
Term Structure	0.3%	-1.4%	2.7%	-0.3%	-0.3%
VWIV	43.6%	37.7%	50.2%	39.7%	46.3%
Skew 25d	-3.1%	-18.7%	3.0%	0.8%	2.3%
Skew 10d	-7.9%	-29.1%	14.8%	-6.9%	9.0%
Call IV 25d	45.7%	41.4%	56.0%	41.4%	46.7%
Put IV 25d	42.5%	27.6%	50.1%	42.1%	48.9%
Bid-Ask Spread %	9.83	4.86	14.25	5.57	10.01
Gamma HHI	0.29	0.18	0.65	0.30	0.19
Net GEX	8.4M	6.3M	26.4M	6.9M	6.3M
Net DEX	-549.5M	-665.1M	-421.8M	-611.9M	-513.6M
Net VEX	-1.7M	-1.9M	-926.6K	-1.7M	-1.8M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.46	0.07	1.00	1.00	0.29
Total Volume	25,815.429	7,604	86,776	50,039	33,031
Total OI	701,393.667	493,951	784,673	688,228	686,140

Daily Data (21 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
2008-06-02	$17.28	$12.50	41.5%	11.9%	81.2%	21.0%	39.7%	0.8%	-0.3%	6.9M	-611.9M	-1.7M	1.00	5.57	24,957	25,082	554,707	133,521
2008-06-03	$17.30	$12.50	40.3%	11.5%	80.8%	18.9%	38.3%	-13.8%	0.7%	6.9M	-620.0M	-1.8M	0.55	7.44	15,807	8,690	562,670	148,527
2008-06-04	$17.01	$12.50	41.9%	12.0%	81.4%	21.6%	41.3%	-18.7%	-0.7%	7.2M	-586.9M	-1.8M	0.30	5.42	11,228	3,364	563,729	139,548
2008-06-05	$17.60	$12.50	39.1%	11.2%	81.6%	17.1%	37.7%	-10.5%	1.5%	6.9M	-648.7M	-1.8M	0.34	4.86	15,672	5,359	567,648	140,094
2008-06-06	$17.05	$15.00	39.4%	11.7%	83.2%	17.5%	41.4%	-1.3%	2.7%	7.4M	-598.7M	-1.8M	0.33	10.64	9,579	3,183	571,865	141,564
2008-06-09	$16.98	$15.00	39.6%	11.9%	83.4%	17.8%	41.8%	-0.6%	2.1%	7.5M	-590.6M	-1.8M	0.32	10.29	12,792	4,093	572,627	141,985
2008-06-10	$16.10	$15.00	46.3%	12.0%	86.4%	28.6%	42.6%	-3.0%	0.2%	8.3M	-491.7M	-1.7M	0.48	8.46	13,889	6,602	571,283	142,386
2008-06-11	$15.76	$15.00	40.3%	12.1%	86.0%	19.0%	42.9%	0.9%	-0.2%	8.7M	-453.0M	-1.7M	0.42	9.49	16,756	7,083	571,926	144,265
2008-06-12	$15.97	$15.00	41.8%	12.0%	85.6%	21.4%	41.8%	-3.4%	1.1%	8.4M	-467.4M	-1.7M	0.87	11.79	6,585	5,698	569,916	147,877
2008-06-13	$16.88	$15.00	49.3%	14.1%	85.5%	33.4%	50.1%	-6.6%	-1.4%	7.5M	-562.6M	-1.8M	0.07	10.92	81,386	5,390	569,597	150,714
2008-06-16	$16.75	$15.00	49.2%	14.1%	85.5%	33.4%	50.2%	-8.3%	-0.2%	6.7M	-421.8M	-926.6K	0.15	11.30	22,193	3,310	383,248	110,703
2008-06-17	$16.61	$15.00	48.0%	13.8%	85.1%	31.4%	49.5%	-4.4%	-0.9%	9.0M	-565.5M	-1.8M	0.23	9.93	16,103	3,628	614,120	154,353
2008-06-18	$16.35	$15.00	45.4%	13.0%	84.4%	27.2%	45.3%	-2.9%	0.3%	8.9M	-529.8M	-1.8M	0.58	14.25	11,178	6,508	620,423	155,937
2008-06-19	$17.50	$15.00	42.5%	12.2%	86.6%	22.5%	42.5%	1.4%	0.8%	11.2M	-665.1M	-1.8M	0.60	10.64	18,763	11,198	620,099	159,825
2008-06-20	$17.47	$15.00	44.5%	12.8%	86.7%	25.8%	44.6%	0.1%	-0.9%	26.4M	-644.8M	-1.8M	0.54	12.80	9,171	4,927	618,833	165,840
2008-06-23	$17.62	$15.00	44.0%	12.6%	86.7%	24.9%	44.2%	-0.7%	0.0%	6.6M	-521.5M	-1.8M	0.16	9.05	17,090	2,777	521,002	138,233
2008-06-24	$17.38	$17.50	42.4%	12.2%	86.6%	22.4%	42.7%	-2.5%	0.3%	6.7M	-493.4M	-1.8M	0.37	11.43	5,565	2,039	524,891	138,987
2008-06-25	$18.06	$17.50	42.3%	12.1%	87.2%	22.2%	42.9%	0.9%	0.3%	6.6M	-562.2M	-1.8M	0.55	7.37	32,328	17,702	523,180	139,358
2008-06-26	$17.23	$17.50	43.5%	12.5%	89.1%	24.1%	44.7%	1.5%	1.0%	6.5M	-474.4M	-1.9M	0.64	11.94	18,226	11,620	527,382	146,441
2008-06-27	$17.68	$17.50	43.3%	12.4%	49.7%	23.8%	44.3%	3.0%	1.0%	6.5M	-515.7M	-1.8M	0.87	12.80	6,201	5,371	527,382	146,441
2008-06-30	$17.66	$17.50	45.9%	13.1%	49.7%	28.0%	46.3%	2.3%	-0.3%	6.3M	-513.6M	-1.8M	0.29	10.01	25,560	7,471	530,506	155,634