MRVL Options History — April 2014

In April 2014, MRVL traded between $14.94 and $16.23. ATM implied volatility averaged 33.5%, placing in the 17.8% IV rank vs the trailing year. The 30-day expected move averaged 9.2%. IV traded above realized volatility by 7.6% (HV 20d: 25.9%). Max pain ranged from $10.00 to $10.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 11 of 21 days. Put/call ratio averaged 0.93.

Notable Days

  • 2014-04-01: Highest Volume — 63,097 contracts
  • 2014-04-21: Largest IV spike — 17.5% change
  • 2014-04-28: Highest IV Rank — 33.6%
  • 2014-04-10: Largest Expected Move — 9.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$15.72$14.94$16.23$16.20$15.86
Max Pain$10.00$10.00$10.00$10.00$10.00
ATM IV33.5%28.5%37.9%28.6%35.8%
Expected Move9.2%8.6%9.4%8.9%9.3%
HV 20d25.9%22.4%29.3%22.4%23.4%
HV 60d25.5%23.1%27.2%27.2%23.1%
IV Rank17.8%0.0%33.6%0.2%26.0%
IV Percentile15.6%0.0%36.5%0.4%27.0%
Term Structure0.8%-1.9%6.6%0.5%-1.2%
VWIV34.3%28.4%39.6%34.6%35.0%
Skew 25d1.5%-0.7%3.0%1.9%2.5%
Skew 10d4.3%-5.2%9.7%4.1%6.5%
Call IV 25d34.2%28.1%38.4%28.9%36.3%
Put IV 25d35.8%29.9%40.5%30.8%38.8%
Bid-Ask Spread %18.5412.5330.4414.9920.87
Gamma HHI0.250.150.360.150.23
Net GEX1.8M45.0K3.1M428.2K1.9M
Net DEX-34.0M-52.9M-6.8M-38.8M-38.4M
Net VEX-301.4K-355.5K-263.0K-314.9K-269.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.930.063.193.192.77
Total Volume9,198.85792963,09763,0975,700
Total OI166,503.714150,353177,376152,818168,983

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2014-04-01$16.20$10.0028.6%8.9%22.4%0.2%34.6%1.9%0.5%428.2K-38.8M-314.9K3.1914.9915,07548,02271,82880,990
2014-04-02$16.23$10.0028.7%8.7%22.4%0.4%34.1%3.0%0.1%170.1K-36.3M-335.8K0.5114.633,5391,79979,29994,576
2014-04-03$15.88$10.0028.5%9.1%23.7%0.0%35.3%1.7%-0.4%767.5K-27.3M-309.6K1.7114.019741,66780,26070,093
2014-04-04$15.94$10.0031.2%9.3%23.7%9.5%0.0%0.2%-0.2%45.0K-29.0M-311.0K0.0630.4432,7002,07280,71170,353
2014-04-07$15.81$10.0033.1%9.3%23.0%16.2%0.0%0.9%1.6%2.5M-45.3M-346.5K0.2325.8013,1692,982103,43963,459
2014-04-08$16.02$10.0034.1%8.6%22.7%20.0%37.1%1.5%0.5%3.0M-52.9M-355.5K0.4627.793,7561,743106,78765,045
2014-04-09$15.94$10.0032.8%9.2%22.8%15.2%32.4%-0.2%1.0%3.0M-48.7M-343.3K0.2626.352,203568107,43366,090
2014-04-10$15.27$10.0034.2%9.4%27.3%20.2%31.3%-0.7%1.5%1.4M-20.5M-323.9K0.4821.563,6661,773107,78166,493
2014-04-11$14.94$10.0035.1%9.3%28.1%23.3%35.9%0.4%0.6%905.3K-6.8M-308.1K0.7514.392,5201,885109,02267,191
2014-04-14$15.16$10.0033.1%9.0%28.6%16.4%0.0%0.7%4.2%1.1M-14.6M-301.1K0.4917.684,8802,413105,97866,185
2014-04-15$15.22$10.0032.4%9.2%28.4%13.9%39.6%1.7%4.9%1.4M-18.1M-303.1K0.9317.932,0021,866109,09967,381
2014-04-16$15.28$10.0031.7%9.4%28.3%11.5%32.9%2.0%4.3%1.4M-16.5M-292.5K0.2815.691,843524108,80967,825
2014-04-17$15.61$10.0029.9%9.3%28.9%4.9%34.9%1.9%6.6%2.3M-33.1M-293.6K0.3413.813,2251,095109,28268,094
2014-04-21$15.80$10.0035.1%9.3%29.3%23.6%0.0%2.6%-0.9%2.6M-41.4M-281.9K0.6014.322,5221,51493,29163,928
2014-04-22$15.79$10.0035.6%9.3%28.6%25.4%0.0%2.5%-1.2%2.7M-40.9M-280.7K0.7812.531,8931,47594,72965,019
2014-04-23$15.81$10.0036.6%9.2%28.4%28.8%28.4%2.3%-0.4%2.8M-41.8M-276.9K0.3616.2068424595,80966,357
2014-04-24$15.90$10.0036.2%9.2%26.2%27.3%35.0%2.2%-0.1%3.1M-44.7M-278.4K0.3813.572,57098096,23266,513
2014-04-25$15.88$10.0036.5%9.1%26.2%28.5%0.0%2.1%-1.0%2.7M-46.2M-275.8K2.1814.472,3195,05097,28367,260
2014-04-28$15.72$10.0037.9%9.3%26.4%33.6%0.0%0.3%-1.9%2.0M-34.3M-263.2K1.6122.671,6922,73094,45968,091
2014-04-29$15.87$10.0036.4%9.3%25.6%28.2%0.0%2.7%-1.2%2.2M-38.8M-263.0K1.1219.622,7593,08295,05770,064
2014-04-30$15.86$10.0035.8%9.3%23.4%26.0%0.0%2.5%-1.2%1.9M-38.4M-269.8K2.7720.871,5104,19096,40272,581