MRVL Options History — March 2018

In March 2018, MRVL traded between $20.53 and $24.38. ATM implied volatility averaged 36.8%, placing in the 33.0% IV rank vs the trailing year. The 30-day expected move averaged 10.4%. IV traded above realized volatility by 9.0% (HV 20d: 27.8%). Max pain ranged from $23.00 to $24.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 6 of 21 days. Put/call ratio averaged 0.64.

Notable Days

  • 2018-03-09: Highest Volume — 49,349 contracts
  • 2018-03-09: Largest IV drop — 34.9% change
  • 2018-03-01: Highest IV Rank — 76.2%
  • 2018-03-02: Largest Expected Move — 15.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$22.90$20.53$24.38$23.35$20.99
Max Pain$23.19$23.00$24.00$23.00$23.00
ATM IV36.8%29.0%54.8%54.8%34.5%
Expected Move10.4%8.4%15.4%15.2%9.6%
HV 20d27.8%15.4%39.0%30.6%39.0%
HV 60d27.0%24.1%31.5%24.5%31.1%
IV Rank33.0%14.9%76.2%76.2%26.5%
IV Percentile74.1%48.0%99.2%99.2%69.8%
Term Structure-2.8%-32.2%2.6%-32.2%-0.1%
VWIV36.5%29.3%53.9%53.7%34.1%
Skew 25d1.2%-36.7%8.8%-36.7%2.3%
Skew 10d6.2%-15.9%29.5%-15.9%8.5%
Call IV 25d37.7%26.5%84.3%84.3%34.4%
Put IV 25d38.9%30.7%50.0%47.6%36.7%
Bid-Ask Spread %29.8411.1999.0164.0121.80
Gamma HHI0.210.170.240.230.19
Net GEX3.0M1.2M5.9M2.5M1.4M
Net DEX-57.8M-123.9M-7.2M-66.3M-13.2M
Net VEX-284.7K-327.7K-220.2K-274.7K-234.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.640.201.001.000.78
Total Volume16,499.5716,04549,3496,0457,850
Total OI96,806.04874,023134,71275,11092,660

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2018-03-01$23.35$23.0054.8%15.2%30.6%76.2%53.7%-36.7%-32.2%2.5M-66.3M-274.7K1.0064.013,0203,02561,54813,562
2018-03-02$23.43$23.0043.0%15.4%28.3%48.2%53.9%-1.7%-17.2%2.6M-67.9M-273.3K0.6799.014,9973,32762,09913,885
2018-03-05$23.48$23.0041.1%11.4%28.1%43.8%38.4%7.8%-0.7%2.6M-69.6M-268.1K0.6722.974,8633,26661,19712,826
2018-03-06$23.58$23.0043.9%11.3%21.9%50.4%38.7%4.4%-1.2%2.9M-72.1M-269.7K0.8417.263,8343,20563,13613,275
2018-03-07$23.70$23.0047.5%12.8%21.9%59.0%45.5%5.7%-4.2%2.7M-75.9M-276.0K0.2026.6340,1208,11964,40113,666
2018-03-08$24.26$23.0044.5%12.3%22.0%51.9%43.6%0.5%-0.8%4.5M-112.0M-327.7K0.5739.5131,28417,75490,81917,484
2018-03-09$24.31$23.0029.0%8.4%17.0%14.9%29.3%8.8%2.6%5.7M-123.9M-323.3K0.6220.6530,41718,932104,91129,801
2018-03-12$24.38$23.0031.3%8.9%15.4%20.3%31.3%-1.4%-0.1%5.8M-107.1M-309.4K0.3816.4116,7176,42283,33619,771
2018-03-13$22.92$24.0034.6%9.0%27.6%28.3%32.5%2.5%-2.8%3.6M-53.0M-302.5K0.3522.8918,9356,59386,86722,075
2018-03-14$23.37$24.0034.2%9.4%27.6%27.3%33.3%3.3%-1.4%5.2M-64.7M-316.1K0.5626.1618,15610,21094,24424,140
2018-03-15$23.19$23.0033.6%9.6%27.8%25.8%32.2%2.4%0.1%5.9M-61.7M-325.1K0.5546.247,7974,272100,25325,951
2018-03-16$23.22$24.0030.4%8.6%27.0%18.3%29.7%1.0%-0.9%2.9M-58.9M-311.6K0.7116.935,9004,198100,54726,166
2018-03-19$22.84$24.0033.4%9.4%27.7%25.4%34.0%3.6%0.6%2.4M-49.0M-304.7K0.8043.694,0273,21371,08619,185
2018-03-20$23.11$23.0031.0%8.8%27.0%19.8%31.0%2.9%0.7%2.5M-53.5M-303.0K0.4436.666,7232,98871,47619,379
2018-03-21$22.98$23.0030.5%8.7%27.1%16.7%30.7%3.5%1.4%2.7M-50.9M-291.9K0.7815.633,9783,11174,64319,411
2018-03-22$22.09$23.0034.4%9.9%30.4%26.4%33.6%3.1%0.1%1.8M-31.8M-275.7K0.7126.634,4583,16674,94519,611
2018-03-23$21.54$23.0034.6%10.0%31.3%26.7%34.7%3.3%-0.7%1.6M-20.7M-255.7K0.7514.924,6473,47475,83819,778
2018-03-26$22.20$23.0033.7%9.6%33.2%24.4%33.8%3.3%-0.3%1.9M-34.6M-270.0K0.7411.194,2233,13368,93519,459
2018-03-27$21.45$23.0035.4%10.0%35.1%28.6%35.2%4.8%-0.8%1.5M-19.1M-244.8K0.6715.274,5893,06969,56119,792
2018-03-28$20.53$23.0037.9%10.9%37.6%34.7%37.9%2.5%-0.5%1.2M-7.2M-220.2K0.7022.084,9753,50471,14020,068
2018-03-29$20.99$23.0034.5%9.6%39.0%26.5%34.1%2.3%-0.1%1.4M-13.2M-234.4K0.7821.804,4003,45072,25320,407