MRVL Options History — October 2008

In October 2008, MRVL traded between $6.06 and $9.12. ATM implied volatility averaged 86.9%, placing in the 63.3% IV rank vs the trailing year. The 30-day expected move averaged 22.8%. IV traded above realized volatility by 2.7% (HV 20d: 84.2%). Max pain ranged from $10.00 to $12.50. Net GEX was positive for 6 of 23 trading days. Term structure was in contango for 10 of 23 days. Put/call ratio averaged 1.23.

Notable Days

2008-10-06: Highest Volume — 50,838 contracts
2008-10-24: Largest IV spike — 56.3% change
2008-10-06: Highest IV Rank — 100.0%
2008-10-24: Largest Expected Move — 29.2%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$7.29	$6.06	$9.12	$9.12	$6.96
Max Pain	$12.17	$10.00	$12.50	$12.50	$10.00
ATM IV	86.9%	62.7%	135.9%	73.7%	71.0%
Expected Move	22.8%	18.0%	29.2%	21.1%	20.4%
HV 20d	84.2%	74.4%	93.2%	81.3%	79.9%
HV 60d	66.6%	60.9%	72.7%	61.7%	72.3%
IV Rank	63.3%	31.9%	100.0%	72.9%	39.6%
IV Percentile	94.8%	84.9%	100.0%	98.4%	89.3%
Term Structure	0.3%	-16.5%	12.9%	-8.9%	7.5%
VWIV	79.3%	62.0%	95.3%	73.8%	71.5%
Skew 25d	11.1%	-13.3%	29.6%	12.4%	29.6%
Skew 10d	19.1%	-28.5%	48.4%	29.2%	48.4%
Call IV 25d	76.6%	47.9%	94.2%	67.3%	63.2%
Put IV 25d	87.7%	56.4%	109.7%	79.7%	92.8%
Bid-Ask Spread %	15.17	8.15	24.96	14.46	8.84
Gamma HHI	0.34	0.23	0.44	0.25	0.37
Net GEX	-89.7K	-330.3K	458.2K	458.2K	-236.3K
Net DEX	78.1M	61.0M	91.2M	77.6M	64.7M
Net VEX	-337.1K	-494.8K	-229.9K	-494.8K	-303.8K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	1.23	0.06	5.83	0.10	3.22
Total Volume	14,084.739	2,672	50,838	6,934	8,329
Total OI	667,491	628,500	698,128	678,732	667,280

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
2008-10-01	$9.12	$12.50	73.7%	21.1%	81.3%	72.9%	73.8%	12.4%	-8.9%	458.2K	77.6M	-494.8K	0.10	14.46	6,322	612	489,098	189,634
2008-10-02	$8.54	$12.50	88.8%	25.5%	82.0%	97.2%	85.9%	0.4%	-16.5%	358.1K	77.2M	-452.4K	1.77	11.85	7,628	13,514	491,461	185,154
2008-10-03	$8.51	$12.50	76.3%	21.9%	79.7%	77.2%	83.0%	-3.1%	-1.3%	217.5K	82.0M	-446.9K	1.45	16.03	3,423	4,949	491,243	193,262
2008-10-06	$8.11	$12.50	98.8%	23.6%	80.3%	100.0%	85.2%	6.9%	-0.7%	210.3K	81.4M	-444.4K	0.48	20.00	34,353	16,485	492,606	196,742
2008-10-07	$7.58	$12.50	105.1%	24.9%	81.8%	100.0%	84.5%	6.6%	-2.8%	120.3K	81.4M	-411.3K	0.38	23.77	17,887	6,849	489,194	202,168
2008-10-08	$7.52	$12.50	116.0%	24.6%	81.9%	100.0%	88.2%	9.2%	-1.3%	31.8K	81.3M	-409.2K	1.76	22.51	5,783	10,152	482,184	204,742
2008-10-09	$7.30	$12.50	111.9%	26.3%	80.2%	95.4%	91.3%	9.5%	-8.8%	-73.5K	86.5M	-372.1K	0.49	18.54	1,797	875	480,840	210,888
2008-10-10	$7.00	$12.50	135.9%	27.2%	80.2%	100.0%	95.3%	15.6%	-10.5%	-60.6K	82.7M	-352.9K	0.49	20.89	9,063	4,458	480,079	206,864
2008-10-13	$7.84	$12.50	89.5%	24.5%	92.0%	56.8%	83.4%	12.7%	-4.0%	-203.5K	89.3M	-356.9K	0.13	17.48	4,749	602	473,055	208,541
2008-10-14	$7.68	$12.50	95.9%	23.9%	92.0%	62.8%	85.0%	-13.3%	-5.4%	-105.9K	83.0M	-370.2K	0.06	9.68	6,169	387	476,159	206,198
2008-10-15	$7.14	$12.50	109.7%	22.9%	93.2%	75.6%	79.8%	4.7%	-3.7%	-168.6K	87.3M	-305.8K	5.83	24.96	1,805	10,524	477,939	202,525
2008-10-16	$7.39	$12.50	76.6%	22.0%	92.3%	44.9%	77.5%	10.3%	-2.0%	-245.0K	90.4M	-324.0K	1.40	18.10	6,881	9,625	478,824	209,915
2008-10-17	$7.37	$12.50	72.5%	20.8%	89.6%	41.0%	72.5%	17.0%	1.8%	-206.9K	91.2M	-318.6K	0.26	22.87	21,772	5,561	482,549	215,579
2008-10-20	$7.27	$12.50	62.7%	18.0%	88.7%	31.9%	62.0%	8.5%	8.9%	-330.3K	85.1M	-290.0K	0.21	8.52	10,333	2,177	435,194	202,711
2008-10-21	$6.74	$12.50	64.5%	18.5%	91.0%	33.6%	65.0%	24.6%	12.6%	-240.9K	81.5M	-271.4K	0.36	17.27	4,950	1,777	442,445	201,591
2008-10-22	$6.57	$12.50	70.1%	20.1%	89.5%	38.8%	70.2%	19.3%	8.0%	-210.3K	70.7M	-256.4K	0.28	11.58	3,853	1,089	444,463	184,037
2008-10-23	$6.31	$12.50	65.1%	18.7%	87.7%	34.1%	73.3%	21.8%	12.9%	-195.4K	72.2M	-241.5K	0.34	11.48	3,522	1,199	446,406	183,988
2008-10-24	$6.09	$12.50	101.7%	29.2%	83.0%	68.2%	91.2%	14.7%	-4.1%	-160.5K	67.0M	-240.2K	1.94	9.67	7,541	14,595	448,945	182,839
2008-10-27	$6.06	$12.50	98.4%	28.2%	75.4%	65.1%	90.2%	9.3%	7.3%	-217.3K	69.7M	-229.9K	3.45	9.84	1,716	5,913	452,937	191,552
2008-10-28	$6.49	$12.50	72.6%	20.8%	74.4%	41.1%	73.1%	26.0%	4.7%	-256.7K	69.0M	-260.0K	2.51	13.68	2,686	6,742	453,537	192,032
2008-10-29	$6.94	$10.00	71.8%	20.6%	80.3%	40.4%	71.8%	8.6%	3.0%	-271.9K	63.2M	-287.2K	0.66	8.70	9,438	6,187	454,871	193,868
2008-10-30	$7.18	$10.00	69.5%	19.9%	79.5%	38.2%	69.3%	3.6%	9.6%	-276.2K	61.0M	-314.3K	0.66	8.15	11,826	7,851	458,322	197,832
2008-10-31	$6.96	$10.00	71.0%	20.4%	79.9%	39.6%	71.5%	29.6%	7.5%	-236.3K	64.7M	-303.8K	3.22	8.84	1,972	6,357	465,041	202,239