MRVL Options History — October 2013

In October 2013, MRVL traded between $10.96 and $12.17. ATM implied volatility averaged 44.5%, placing in the 23.6% IV rank vs the trailing year. The 30-day expected move averaged 11.7%. IV traded above realized volatility by 21.0% (HV 20d: 23.6%). Max pain ranged from $5.00 to $13.00. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 4 of 23 days. Put/call ratio averaged 0.65.

Notable Days

2013-10-02: Highest Volume — 18,618 contracts
2013-10-03: Largest IV drop — 19.1% change
2013-10-02: Highest IV Rank — 42.6%
2013-10-02: Largest Expected Move — 15.1%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$11.59	$10.96	$12.17	$11.27	$12.00
Max Pain	$9.25	$5.00	$13.00	$13.00	$5.00
ATM IV	44.5%	40.6%	56.5%	55.2%	41.9%
Expected Move	11.7%	8.8%	15.1%	14.4%	10.6%
HV 20d	23.6%	18.5%	27.1%	27.0%	21.5%
HV 60d	28.9%	28.1%	30.1%	29.0%	28.1%
IV Rank	23.6%	17.4%	42.6%	40.4%	19.5%
IV Percentile	61.6%	38.5%	97.6%	96.4%	49.2%
Term Structure	-2.1%	-6.9%	4.1%	-4.9%	-1.0%
VWIV	42.4%	28.4%	50.0%	48.8%	36.9%
Skew 25d	5.0%	2.3%	8.3%	8.3%	3.6%
Skew 10d	10.0%	-6.1%	16.0%	15.0%	7.7%
Call IV 25d	43.3%	40.2%	50.7%	47.4%	41.7%
Put IV 25d	48.4%	43.0%	58.1%	55.6%	45.3%
Bid-Ask Spread %	17.27	3.18	110.82	3.18	9.75
Gamma HHI	0.27	0.20	0.37	0.23	0.25
Net GEX	1.1M	26.1K	3.8M	132.8K	2.3M
Net DEX	-13.1M	-53.8M	21.1M	6.1M	-43.9M
Net VEX	-261.6K	-283.3K	-233.1K	-269.2K	-233.1K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.65	0.18	1.37	0.59	1.06
Total Volume	9,306.826	4,270	18,618	17,905	4,414
Total OI	230,815.87	196,443	269,429	212,120	214,613

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
2013-10-01	$11.27	$13.00	55.2%	14.4%	27.0%	40.4%	48.8%	8.3%	-4.9%	132.8K	6.1M	-269.2K	0.59	3.18	11,273	6,632	127,585	84,535
2013-10-02	$11.28	$13.00	56.5%	15.1%	27.1%	42.6%	50.0%	7.4%	-6.0%	201.3K	5.7M	-276.1K	0.58	4.15	11,765	6,853	131,436	87,800
2013-10-03	$11.31	$0.00	45.8%	13.1%	26.5%	25.5%	46.8%	6.3%	-0.7%	335.6K	4.3M	-283.3K	1.37	3.35	5,908	8,107	137,463	90,347
2013-10-04	$11.15	$11.00	45.5%	13.0%	26.7%	25.1%	34.5%	6.4%	-1.0%	144.4K	13.6M	-269.0K	0.90	4.78	4,963	4,490	140,123	95,784
2013-10-07	$11.03	$11.00	46.7%	13.4%	20.7%	27.0%	48.5%	7.7%	-0.7%	82.2K	17.1M	-258.0K	0.82	5.65	3,429	2,817	136,417	95,227
2013-10-08	$10.96	$11.00	47.1%	13.5%	18.5%	27.7%	46.5%	7.3%	-1.0%	26.1K	21.1M	-251.1K	0.20	6.49	7,205	1,409	138,121	97,232
2013-10-09	$11.08	$11.00	47.8%	13.7%	19.4%	28.7%	47.8%	8.0%	-1.3%	86.7K	16.6M	-256.3K	0.18	7.39	8,914	1,580	139,287	97,694
2013-10-10	$11.42	$0.00	42.3%	11.9%	22.8%	20.0%	43.2%	5.8%	4.1%	334.8K	4.4M	-269.5K	0.36	4.33	11,920	4,264	145,883	98,419
2013-10-11	$11.28	$11.50	43.2%	12.1%	22.4%	21.5%	43.5%	6.1%	3.2%	304.5K	10.0M	-269.5K	0.87	4.78	2,688	2,333	152,897	101,300
2013-10-14	$11.42	$0.00	45.1%	10.1%	22.8%	24.5%	0.0%	5.3%	-5.5%	368.7K	3.7M	-271.1K	0.74	73.30	5,511	4,064	152,706	100,304
2013-10-15	$11.31	$0.00	45.3%	10.9%	22.9%	24.8%	0.0%	5.4%	-4.6%	387.9K	9.3M	-261.5K	0.82	14.00	4,507	3,713	156,699	103,433
2013-10-16	$11.52	$0.00	42.1%	11.0%	24.3%	19.7%	39.1%	5.4%	-3.6%	378.9K	1.2M	-270.1K	0.33	10.47	4,430	1,483	159,158	105,745
2013-10-17	$11.75	$10.00	41.3%	10.8%	25.7%	18.4%	0.0%	5.2%	2.0%	356.0K	-10.5M	-273.0K	0.39	14.89	6,895	2,705	158,889	105,544
2013-10-18	$11.75	$10.00	41.8%	10.8%	25.6%	19.2%	0.0%	4.1%	2.4%	1.4M	-4.0M	-263.9K	0.62	9.53	3,898	2,431	162,787	106,642
2013-10-21	$12.02	$10.00	44.9%	10.8%	24.2%	24.2%	0.0%	3.1%	-6.9%	1.8M	-45.6M	-261.7K	0.50	19.76	10,457	5,279	133,354	63,089
2013-10-22	$12.17	$10.00	42.2%	10.9%	24.5%	19.8%	0.0%	2.7%	-3.9%	2.3M	-53.8M	-269.4K	0.61	16.21	6,852	4,177	141,069	66,679
2013-10-23	$11.97	$10.00	43.2%	10.7%	25.3%	21.5%	0.0%	2.5%	-4.7%	2.1M	-44.6M	-263.9K	0.64	12.83	2,599	1,671	142,324	69,220
2013-10-24	$11.87	$10.00	41.6%	10.6%	25.4%	18.9%	28.4%	2.3%	-2.6%	1.9M	-38.6M	-254.4K	0.89	13.02	3,277	2,932	142,894	70,033
2013-10-25	$11.96	$5.00	41.8%	10.8%	23.7%	19.3%	37.8%	3.9%	-1.9%	3.8M	-40.4M	-250.3K	0.61	13.26	5,882	3,602	144,869	71,382
2013-10-28	$11.96	$5.00	41.3%	10.8%	22.8%	18.4%	0.0%	3.6%	-3.7%	2.0M	-41.4M	-249.7K	0.57	15.38	3,707	2,110	142,445	68,274
2013-10-29	$12.00	$5.00	41.3%	10.6%	21.3%	18.5%	36.9%	3.0%	-4.5%	2.2M	-43.5M	-245.9K	0.89	19.90	2,590	2,312	144,825	69,407
2013-10-30	$12.06	$5.00	40.6%	8.8%	21.3%	17.4%	0.0%	2.8%	-2.2%	2.4M	-48.0M	-246.9K	0.42	110.82	4,224	1,785	146,311	68,520
2013-10-31	$12.00	$5.00	41.9%	10.6%	21.5%	19.5%	0.0%	3.6%	-1.0%	2.3M	-43.9M	-233.1K	1.06	9.75	2,142	2,272	145,652	68,961