MRVL Options History — December 2018

In December 2018, MRVL traded between $14.52 and $16.42. ATM implied volatility averaged 41.8%, placing in the 44.0% IV rank vs the trailing year. The 30-day expected move averaged 12.5%. IV traded above realized volatility by 6.9% (HV 20d: 34.9%). Max pain ranged from $16.00 to $17.00. Net GEX was positive for 15 of 20 trading days. Term structure was in contango for 12 of 20 days. Put/call ratio averaged 0.90.

Notable Days

  • 2018-12-13: Highest Volume — 30,475 contracts
  • 2018-12-06: Largest IV drop — 11.6% change
  • 2018-12-05: Highest IV Rank — 57.3%
  • 2018-12-05: Largest Expected Move — 16.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$15.44$14.52$16.42$16.42$16.12
Max Pain$16.05$16.00$17.00$16.00$16.00
ATM IV41.8%37.5%47.1%42.3%41.9%
Expected Move12.5%10.6%16.5%14.8%11.7%
HV 20d34.9%30.1%41.4%30.1%41.4%
HV 60d41.0%39.7%43.4%39.7%43.4%
IV Rank44.0%33.8%57.3%45.4%43.7%
IV Percentile73.8%50.0%92.1%80.2%76.2%
Term Structure0.4%-3.5%2.8%1.6%1.1%
VWIV43.1%36.4%54.1%51.7%40.4%
Skew 25d5.9%3.7%31.4%4.3%5.8%
Skew 10d11.7%3.8%27.1%8.3%11.8%
Call IV 25d40.1%35.9%46.8%39.8%38.5%
Put IV 25d46.0%39.7%76.0%44.0%44.2%
Bid-Ask Spread %8.463.7829.1215.064.49
Gamma HHI0.140.100.170.130.14
Net GEX263.4K-633.8K1.2M906.1K1.2M
Net DEX17.1M-20.6M33.6M1.7M-20.6M
Net VEX-395.7K-481.8K-344.5K-470.0K-373.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.900.191.710.660.28
Total Volume9,670.851,48330,4757,1195,893
Total OI244,728.4226,747262,184227,415240,328

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2018-12-03$16.42$16.0042.3%14.8%30.1%45.4%51.7%4.3%1.6%906.1K1.7M-470.0K0.6615.064,2872,832154,97772,438
2018-12-04$15.61$16.0046.4%16.0%34.0%55.3%54.1%7.8%0.1%277.9K18.2M-424.8K1.6511.148,25413,621155,29171,456
2018-12-05$15.52$16.0047.1%16.5%33.3%57.3%52.0%31.4%1.2%154.4K22.1M-401.1K1.5129.1211,93718,005155,29171,456
2018-12-06$15.99$17.0041.7%12.0%35.4%43.9%41.6%4.6%2.8%1.1M-32.4K-481.8K0.9222.188,6557,998164,77389,618
2018-12-07$15.59$16.0039.0%11.4%36.3%37.5%41.9%3.8%2.3%-633.8K24.6M-409.5K1.205.085,7346,875165,63390,021
2018-12-10$15.38$16.0041.6%12.2%36.3%43.7%42.9%4.5%-0.2%-434.0K28.4M-393.8K1.374.571,5232,084157,91674,090
2018-12-11$15.38$16.0038.4%11.3%33.9%35.9%38.3%3.9%1.5%-602.2K30.0M-377.6K1.153.783,4233,920158,71674,956
2018-12-12$15.45$16.0038.5%11.3%33.8%36.2%38.0%3.8%1.4%-534.0K27.5M-377.2K0.994.173,5363,489160,47375,357
2018-12-13$15.61$16.0037.5%10.6%34.0%33.8%36.4%3.8%-1.3%-528.6K24.2M-377.1K0.193.9225,5924,883161,63376,252
2018-12-14$15.38$16.0037.9%11.3%33.3%34.7%37.8%3.7%2.4%447.9K20.3M-419.2K1.094.201,8612,021184,15478,030
2018-12-17$15.15$16.0040.6%11.7%33.5%41.4%40.2%3.9%-1.2%240.6K23.1M-389.1K0.545.48963520180,13573,557
2018-12-18$15.47$16.0040.1%11.5%30.1%40.0%38.2%4.6%-1.7%404.0K13.7M-405.1K0.205.095,0891,003180,60773,959
2018-12-19$14.78$16.0040.7%11.7%34.3%41.5%40.6%4.3%-0.2%200.5K33.6M-368.2K0.875.591,9521,689184,12474,423
2018-12-20$14.88$16.0042.9%12.4%32.6%46.9%42.7%4.4%-3.5%372.0K31.9M-371.1K0.495.531,908930185,02475,303
2018-12-21$14.94$16.0042.2%12.2%32.7%45.3%44.8%5.3%-0.8%265.9K33.5M-371.9K0.446.013,2391,441185,11575,255
2018-12-24$14.52$16.0046.1%13.5%33.0%54.4%48.0%5.1%1.3%154.0K32.8M-344.5K0.6720.532,7541,840177,86868,167
2018-12-26$15.38$16.0043.4%12.5%39.6%47.4%44.6%4.6%1.6%608.5K5.0M-379.3K0.654.462,8411,854177,29863,354
2018-12-27$15.61$16.0045.7%12.9%40.1%53.0%45.1%4.4%0.0%879.1K-4.5M-389.6K1.384.443,4994,836178,10363,218
2018-12-28$15.65$16.0041.5%12.5%39.9%42.7%43.1%4.1%-0.1%770.0K-4.6M-390.1K1.714.303,9306,706179,27466,925
2018-12-31$16.12$16.0041.9%11.7%41.4%43.7%40.4%5.8%1.1%1.2M-20.6M-373.2K0.284.494,5881,305178,80461,524