MRVL Options History — May 2018

In May 2018, MRVL traded between $20.25 and $22.47. ATM implied volatility averaged 41.2%, placing in the 42.7% IV rank vs the trailing year. The 30-day expected move averaged 11.8%. IV traded above realized volatility by 12.8% (HV 20d: 28.3%). Max pain ranged from $18.00 to $21.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 0 of 22 days. Put/call ratio averaged 0.53.

Notable Days

2018-05-25: Highest Volume — 51,690 contracts
2018-05-25: Largest IV spike — 10.5% change
2018-05-29: Highest IV Rank — 51.7%
2018-05-31: Largest Expected Move — 14.5%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$21.47	$20.25	$22.47	$20.25	$21.70
Max Pain	$20.18	$18.00	$21.00	$21.00	$21.00
ATM IV	41.2%	37.9%	44.9%	40.3%	42.9%
Expected Move	11.8%	9.2%	14.5%	9.7%	14.5%
HV 20d	28.3%	22.5%	35.2%	35.2%	23.8%
HV 60d	33.7%	32.9%	35.0%	35.0%	34.2%
IV Rank	42.7%	34.9%	51.7%	40.5%	46.9%
IV Percentile	88.8%	77.0%	97.6%	88.9%	93.7%
Term Structure	-1.4%	-3.0%	-0.0%	-0.7%	-3.0%
VWIV	40.6%	32.1%	50.1%	33.7%	50.1%
Skew 25d	2.4%	1.5%	3.4%	2.6%	1.5%
Skew 10d	4.9%	2.8%	6.1%	5.5%	4.2%
Call IV 25d	40.7%	37.4%	44.0%	40.3%	43.2%
Put IV 25d	43.1%	39.2%	45.9%	43.0%	44.7%
Bid-Ask Spread %	5.61	2.70	11.69	3.31	6.89
Gamma HHI	0.31	0.17	0.57	0.20	0.18
Net GEX	2.6M	1.4M	4.2M	1.6M	2.3M
Net DEX	-42.2M	-57.0M	-15.9M	-15.9M	-45.6M
Net VEX	-235.1K	-314.7K	-205.5K	-216.3K	-311.5K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.53	0.20	0.79	0.71	0.72
Total Volume	11,429.273	5,687	51,690	9,793	25,649
Total OI	89,891.591	57,456	102,365	96,206	96,759

Daily Data (22 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
2018-05-01	$20.25	$21.00	40.3%	9.7%	35.2%	40.5%	33.7%	2.6%	-0.7%	1.6M	-15.9M	-216.3K	0.71	3.31	5,734	4,059	74,848	21,358
2018-05-02	$20.57	$21.00	40.6%	9.2%	34.8%	41.3%	32.1%	1.9%	-1.8%	2.3M	-26.2M	-226.0K	0.53	3.99	4,748	2,532	76,130	20,775
2018-05-03	$20.81	$20.00	42.9%	11.8%	34.3%	46.9%	41.5%	2.8%	-1.2%	2.7M	-35.5M	-237.4K	0.50	9.63	8,213	4,092	77,789	21,278
2018-05-04	$21.28	$18.00	42.6%	11.5%	33.3%	46.3%	36.8%	1.6%	-2.1%	2.7M	-53.5M	-250.0K	0.38	10.43	8,119	3,075	80,507	21,858
2018-05-07	$20.85	$19.00	43.8%	11.8%	34.1%	49.1%	44.0%	2.6%	-2.3%	2.3M	-33.6M	-232.4K	0.70	11.69	4,411	3,076	75,894	19,998
2018-05-08	$21.03	$19.00	43.2%	11.8%	31.1%	47.6%	32.5%	2.8%	-1.9%	2.6M	-37.3M	-234.1K	0.79	5.35	3,500	2,766	77,355	20,864
2018-05-09	$21.26	$19.00	41.4%	11.5%	29.7%	43.2%	42.9%	1.9%	-1.4%	2.9M	-42.7M	-232.0K	0.40	8.19	6,012	2,403	77,744	21,096
2018-05-10	$21.35	$19.00	41.0%	11.6%	29.4%	42.3%	41.0%	3.4%	-0.8%	3.0M	-45.1M	-232.7K	0.53	4.04	4,631	2,461	77,950	21,177
2018-05-11	$21.08	$20.00	40.8%	11.2%	29.3%	41.8%	33.8%	1.7%	-2.9%	2.7M	-36.1M	-219.6K	0.48	4.40	4,424	2,123	78,622	21,802
2018-05-14	$21.80	$20.00	41.4%	11.6%	31.4%	43.2%	40.4%	2.3%	-0.3%	4.1M	-56.5M	-226.5K	0.27	6.65	12,184	3,256	78,496	21,510
2018-05-15	$21.66	$20.00	40.4%	11.5%	30.4%	40.8%	40.6%	2.8%	-0.1%	3.4M	-47.9M	-224.9K	0.69	3.40	4,561	3,168	76,898	22,825
2018-05-16	$21.81	$20.00	39.5%	11.3%	30.4%	38.7%	40.9%	2.7%	-0.4%	4.1M	-52.6M	-221.9K	0.77	4.85	3,657	2,800	77,516	23,470
2018-05-17	$21.67	$20.00	39.5%	11.3%	26.0%	38.7%	41.0%	3.0%	-0.3%	4.2M	-45.4M	-216.6K	0.64	4.93	3,467	2,220	77,784	23,799
2018-05-18	$21.51	$20.00	38.7%	11.1%	24.3%	36.8%	38.0%	2.8%	-0.0%	1.9M	-38.2M	-209.0K	0.72	6.52	3,568	2,568	78,379	23,515
2018-05-21	$21.47	$21.00	39.3%	11.4%	23.9%	38.3%	40.5%	2.8%	-2.1%	1.4M	-32.6M	-205.5K	0.40	2.70	5,300	2,096	43,246	14,210
2018-05-22	$21.99	$21.00	37.9%	11.2%	25.1%	34.9%	39.7%	1.8%	-0.7%	1.9M	-41.6M	-210.8K	0.46	3.13	4,260	1,976	44,807	14,703
2018-05-23	$22.00	$21.00	38.6%	11.6%	24.2%	36.4%	39.1%	2.6%	-1.3%	2.0M	-41.9M	-211.6K	0.45	3.02	5,056	2,265	45,386	14,902
2018-05-24	$22.01	$21.00	39.5%	12.1%	23.1%	38.6%	42.2%	2.1%	-1.0%	2.4M	-43.8M	-211.9K	0.34	3.35	7,425	2,498	46,987	15,451
2018-05-25	$22.47	$21.00	43.6%	13.1%	22.5%	48.6%	45.8%	1.9%	-1.4%	2.0M	-57.0M	-225.6K	0.20	5.67	42,974	8,716	51,513	16,482
2018-05-29	$21.94	$21.00	44.9%	14.4%	23.7%	51.7%	49.8%	2.4%	-3.0%	2.2M	-50.0M	-301.8K	0.41	6.38	10,539	4,321	67,008	21,204
2018-05-30	$21.91	$21.00	42.8%	14.0%	23.7%	46.6%	47.7%	2.2%	-2.0%	2.3M	-49.0M	-314.7K	0.51	4.89	6,961	3,580	70,623	23,097
2018-05-31	$21.70	$21.00	42.9%	14.5%	23.8%	46.9%	50.1%	1.5%	-3.0%	2.3M	-45.6M	-311.5K	0.72	6.89	14,933	10,716	72,891	23,868