MRVL Options History — February 2018

In February 2018, MRVL traded between $20.75 and $23.49. ATM implied volatility averaged 43.8%, placing in the 66.3% IV rank vs the trailing year. The 30-day expected move averaged 12.4%. IV traded above realized volatility by 15.4% (HV 20d: 28.4%). Max pain ranged from $23.00 to $23.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 4 of 19 days. Put/call ratio averaged 0.64.

Notable Days

  • 2018-02-06: Highest Volume — 23,667 contracts
  • 2018-02-28: Largest IV spike — 70.2% change
  • 2018-02-05: Highest IV Rank — 100.0%
  • 2018-02-28: Largest Expected Move — 14.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$22.46$20.75$23.49$22.60$23.49
Max Pain$23.00$23.00$23.00$23.00$23.00
ATM IV43.8%36.4%64.7%36.4%64.7%
Expected Move12.4%10.4%14.5%10.4%14.5%
HV 20d28.4%20.1%31.6%21.6%30.6%
HV 60d29.7%24.5%34.3%34.3%24.5%
IV Rank66.3%45.1%100.0%70.8%100.0%
IV Percentile95.8%79.4%100.0%79.4%100.0%
Term Structure-4.6%-41.2%19.5%1.5%-41.2%
VWIV43.7%36.4%49.9%36.4%48.9%
Skew 25d3.5%-13.7%22.8%-0.3%22.8%
Skew 10d7.9%-38.7%68.6%-0.7%-5.5%
Call IV 25d46.1%37.3%73.8%37.3%61.7%
Put IV 25d49.6%37.0%85.4%37.0%84.5%
Bid-Ask Spread %54.3615.0484.4715.0472.33
Gamma HHI0.220.190.270.230.22
Net GEX2.0M852.3K3.0M1.9M2.6M
Net DEX-49.4M-68.1M-24.8M-44.6M-67.9M
Net VEX-262.2K-275.0K-243.8K-267.2K-271.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.640.061.380.470.66
Total Volume7,5394,50323,6675,5038,663
Total OI76,415.84263,54682,22278,91872,648

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2018-02-01$22.60$23.0036.4%10.4%21.6%70.8%36.4%-0.3%1.5%1.9M-44.6M-267.2K0.4715.043,7471,75662,57416,344
2018-02-02$22.44$23.0037.4%10.8%20.1%75.8%37.9%0.8%1.6%852.3K-39.7M-265.0K0.3518.694,8811,69063,55317,092
2018-02-05$21.46$23.0052.3%12.6%24.7%100.0%40.4%4.4%-10.4%1.5M-32.8M-256.8K0.4570.823,1111,39262,48315,037
2018-02-06$21.66$23.0043.7%12.3%25.0%71.0%43.3%-0.9%-0.1%1.7M-32.2M-252.3K0.0636.5522,2531,41463,32015,207
2018-02-07$21.41$23.0041.8%11.7%25.1%64.6%40.6%4.5%-1.5%1.5M-31.4M-247.5K0.3317.324,2061,38263,16215,242
2018-02-08$20.75$23.0046.0%12.6%26.9%78.8%47.0%3.8%-2.3%1.4M-24.8M-243.8K0.4925.733,2431,59364,87415,355
2018-02-09$21.33$23.0056.7%13.5%29.3%100.0%48.3%6.5%-26.0%1.6M-33.9M-262.3K0.6271.793,3332,07965,75515,502
2018-02-12$21.88$23.0043.9%12.4%28.5%62.5%44.8%4.7%-3.8%1.9M-41.5M-256.0K0.5276.303,1101,62964,75514,964
2018-02-13$22.31$23.0041.9%12.0%29.6%56.6%40.8%2.1%-2.1%2.2M-48.4M-258.4K0.5168.663,4051,74065,17515,304
2018-02-14$22.28$23.0040.5%11.6%29.6%52.3%41.2%2.3%-2.5%2.3M-47.5M-254.2K0.5284.473,0911,61565,97915,511
2018-02-15$22.72$23.0039.9%11.5%30.6%50.5%41.8%2.0%-1.5%3.0M-56.4M-257.5K0.8166.233,8073,09765,91115,569
2018-02-16$22.72$23.0040.6%11.8%30.6%52.5%42.1%-0.8%-1.6%1.8M-52.8M-260.4K0.4880.126,7363,24365,14317,079
2018-02-20$23.20$23.0041.8%12.7%31.6%56.3%43.8%2.5%19.5%2.1M-58.9M-264.0K0.3153.0310,4193,24153,13310,413
2018-02-21$23.22$23.0041.6%12.7%31.6%55.7%44.3%1.9%-4.1%2.6M-64.7M-274.8K0.9058.453,5833,23358,69310,909
2018-02-22$23.11$23.0041.9%12.7%31.5%56.6%44.6%2.9%-5.1%2.6M-61.1M-273.9K0.8559.593,6923,12158,88511,577
2018-02-23$23.26$23.0041.3%13.0%31.3%54.8%46.3%3.2%-4.9%2.5M-65.3M-275.0K1.2065.083,0353,65359,93012,003
2018-02-26$23.48$23.0041.9%13.5%31.1%56.4%47.3%-13.7%-6.1%2.6M-68.1M-271.2K1.3846.552,8023,85858,80511,962
2018-02-27$23.39$23.0038.0%14.1%31.1%45.1%49.9%18.3%2.7%2.5M-66.2M-270.9K1.1546.142,9723,41659,22612,827
2018-02-28$23.49$23.0064.7%14.5%30.6%100.0%48.9%22.8%-41.2%2.6M-67.9M-271.0K0.6672.335,2053,45859,68912,959