MRVL Options History — August 2018

In August 2018, MRVL traded between $19.86 and $22.15. ATM implied volatility averaged 38.5%, placing in the 36.2% IV rank vs the trailing year. The 30-day expected move averaged 10.6%. IV traded above realized volatility by 11.1% (HV 20d: 27.4%). Max pain ranged from $21.00 to $24.00. Net GEX was positive for 18 of 23 trading days. Term structure was in contango for 3 of 23 days. Put/call ratio averaged 1.57.

Notable Days

2018-08-16: Highest Volume — 23,853 contracts
2018-08-10: Largest IV spike — 32.2% change
2018-08-10: Highest IV Rank — 60.2%
2018-08-30: Largest Expected Move — 11.8%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$20.85	$19.86	$22.15	$21.19	$20.64
Max Pain	$22.54	$21.00	$24.00	$21.00	$21.00
ATM IV	38.5%	36.6%	48.4%	40.6%	37.7%
Expected Move	10.6%	8.7%	11.8%	10.0%	11.8%
HV 20d	27.4%	24.0%	33.0%	32.9%	26.4%
HV 60d	32.7%	31.6%	33.3%	32.0%	33.1%
IV Rank	36.2%	31.5%	60.2%	41.2%	34.3%
IV Percentile	73.0%	64.3%	98.4%	85.3%	70.2%
Term Structure	-0.5%	-3.4%	13.5%	13.5%	-0.5%
VWIV	37.7%	31.6%	42.3%	35.6%	41.7%
Skew 25d	3.7%	0.6%	25.8%	4.1%	1.4%
Skew 10d	6.0%	-31.8%	34.8%	20.1%	1.7%
Call IV 25d	38.7%	36.2%	55.5%	55.5%	37.2%
Put IV 25d	42.5%	36.7%	66.2%	59.5%	38.6%
Bid-Ask Spread %	22.53	14.20	34.92	14.92	14.20
Gamma HHI	0.14	0.10	0.21	0.14	0.10
Net GEX	984.9K	-894.6K	2.9M	1.0M	2.0M
Net DEX	-6.1M	-34.6M	30.5M	-5.2M	-19.0M
Net VEX	-267.2K	-292.8K	-218.9K	-292.8K	-283.4K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	1.57	0.60	3.19	1.82	0.91
Total Volume	13,117.696	8,213	23,853	13,972	9,890
Total OI	134,197.478	103,874	174,218	150,558	114,519

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
2018-08-01	$21.19	$21.00	40.6%	10.0%	32.9%	41.2%	35.6%	4.1%	13.5%	1.0M	-5.2M	-292.8K	1.82	14.92	4,947	9,025	97,053	53,505
2018-08-02	$21.45	$21.00	38.3%	9.4%	33.0%	35.9%	33.9%	2.0%	0.7%	1.2M	-12.1M	-283.5K	3.19	16.10	3,999	12,749	97,555	52,894
2018-08-03	$21.31	$21.00	38.6%	8.7%	32.4%	36.4%	31.6%	1.3%	1.2%	-56.7K	-2.6M	-280.7K	1.96	14.48	6,122	12,024	97,989	57,256
2018-08-06	$21.83	$24.00	37.3%	10.2%	33.0%	33.4%	37.3%	11.0%	-0.7%	2.1M	-23.1M	-274.1K	1.41	25.27	5,781	8,134	95,849	49,904
2018-08-07	$22.11	$24.00	37.9%	10.0%	29.9%	34.9%	35.7%	1.1%	-3.4%	2.8M	-31.7M	-271.0K	1.18	30.28	5,172	6,126	98,910	50,436
2018-08-08	$22.15	$23.00	36.6%	9.8%	24.0%	31.5%	35.7%	1.5%	-1.3%	2.9M	-34.6M	-265.8K	1.63	30.42	3,616	5,899	99,534	50,765
2018-08-09	$21.74	$23.00	36.6%	9.6%	24.6%	31.6%	34.0%	1.2%	-1.8%	2.4M	-23.6M	-258.9K	1.44	27.67	3,826	5,518	100,046	51,375
2018-08-10	$20.88	$23.00	48.4%	10.8%	28.2%	60.2%	37.8%	25.8%	-1.9%	293.3K	6.3M	-248.1K	1.13	34.92	5,472	6,176	101,042	51,683
2018-08-13	$20.80	$23.00	39.0%	10.7%	26.0%	37.5%	37.9%	1.8%	-1.1%	188.4K	4.8M	-239.9K	1.37	23.35	3,781	5,172	99,257	51,191
2018-08-14	$20.55	$23.00	38.0%	10.6%	24.5%	35.0%	37.4%	1.7%	-0.6%	-300.9K	13.7M	-228.8K	1.34	23.96	3,694	4,966	100,026	51,243
2018-08-15	$20.04	$23.00	40.3%	11.3%	25.8%	40.6%	39.4%	2.6%	-0.0%	-894.6K	27.2M	-218.9K	1.19	33.55	4,084	4,849	100,341	51,052
2018-08-16	$20.25	$23.00	37.8%	10.7%	26.1%	34.5%	37.6%	1.6%	-0.5%	-566.8K	12.9M	-251.6K	0.70	29.43	13,992	9,861	109,357	50,475
2018-08-17	$19.86	$23.00	39.2%	10.8%	26.2%	37.9%	38.7%	15.2%	-1.8%	23.0K	30.5M	-270.5K	1.27	33.71	10,394	13,189	118,992	55,226
2018-08-20	$19.93	$23.00	39.9%	11.3%	26.4%	39.7%	39.3%	2.1%	-1.6%	-114.2K	8.1M	-265.8K	2.12	21.95	4,651	9,868	65,643	42,389
2018-08-21	$20.30	$23.00	38.0%	10.8%	27.5%	34.9%	38.4%	2.2%	-1.0%	379.7K	-134.7K	-272.4K	2.46	14.86	4,167	10,260	66,253	43,117
2018-08-22	$20.42	$23.00	37.8%	10.8%	27.7%	34.4%	37.8%	2.0%	-3.0%	643.9K	-3.8M	-273.7K	2.52	16.03	4,102	10,351	67,056	43,789
2018-08-23	$20.33	$23.00	37.2%	10.7%	25.9%	33.0%	37.5%	2.1%	-2.0%	983.5K	-1.9M	-268.8K	2.42	20.45	4,053	9,799	67,847	43,994
2018-08-24	$20.51	$22.50	36.6%	10.6%	26.1%	31.5%	37.7%	1.4%	-1.7%	1.4M	-9.6M	-274.7K	2.76	20.38	3,857	10,634	69,301	42,483
2018-08-27	$20.55	$22.00	37.3%	11.2%	25.1%	33.4%	39.6%	1.0%	-1.5%	1.4M	-12.5M	-273.6K	1.14	19.49	3,859	4,388	67,191	36,683
2018-08-28	$20.64	$22.00	37.2%	11.2%	25.1%	33.1%	39.3%	0.6%	-0.3%	1.5M	-14.0M	-274.1K	0.97	21.68	4,171	4,042	68,406	37,170
2018-08-29	$21.12	$22.00	36.7%	11.3%	26.3%	31.8%	40.0%	1.2%	-1.4%	1.6M	-28.0M	-287.7K	0.60	14.64	8,016	4,810	69,726	37,307
2018-08-30	$20.86	$22.00	38.1%	11.8%	26.3%	35.4%	42.3%	1.2%	-1.5%	1.8M	-22.5M	-287.3K	0.61	16.40	7,589	4,632	72,823	37,889
2018-08-31	$20.64	$21.00	37.7%	11.8%	26.4%	34.3%	41.7%	1.4%	-0.5%	2.0M	-19.0M	-283.4K	0.91	14.20	5,178	4,712	76,249	38,270