MRVL Options History — March 2019

In March 2019, MRVL traded between $18.71 and $20.84. ATM implied volatility averaged 34.2%, placing in the 22.2% IV rank vs the trailing year. The 30-day expected move averaged 10.7%. IV traded above realized volatility by 3.2% (HV 20d: 30.9%). Max pain ranged from $17.00 to $19.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 6 of 21 days. Put/call ratio averaged 0.35.

Notable Days

  • 2019-03-15: Highest Volume — 93,180 contracts
  • 2019-03-15: Largest IV spike — 25.1% change
  • 2019-03-07: Highest IV Rank — 44.7%
  • 2019-03-07: Largest Expected Move — 17.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$19.79$18.71$20.84$20.03$19.84
Max Pain$18.05$17.00$19.00$19.00$18.00
ATM IV34.2%28.4%39.9%36.8%32.9%
Expected Move10.7%8.2%17.0%12.7%9.7%
HV 20d30.9%27.4%37.0%27.6%37.0%
HV 60d34.4%33.5%35.9%35.7%33.9%
IV Rank22.2%0.0%44.7%31.4%17.2%
IV Percentile27.0%0.0%68.7%44.0%11.9%
Term Structure-0.4%-1.8%1.4%-0.9%-0.3%
VWIV38.0%28.8%57.6%44.9%33.9%
Skew 25d2.1%-0.2%4.6%3.3%0.1%
Skew 10d3.8%0.0%9.1%7.9%1.3%
Call IV 25d33.4%27.0%38.7%35.8%33.6%
Put IV 25d35.5%30.2%42.6%39.1%33.7%
Bid-Ask Spread %3.992.865.492.865.49
Gamma HHI0.230.160.430.430.22
Net GEX5.2M1.2M9.3M4.7M8.9M
Net DEX-59.8M-130.6M-8.8M-54.2M-80.2M
Net VEX-388.8K-496.3K-291.2K-301.8K-471.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.350.060.970.500.14
Total Volume24,200.0954,24693,1808,07622,127
Total OI184,468.143107,775264,938114,034264,938

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2019-03-01$20.03$19.0036.8%12.7%27.6%31.4%44.9%3.3%-0.9%4.7M-54.2M-301.8K0.502.865,3692,70758,88055,154
2019-03-04$20.15$19.0038.0%14.3%27.4%37.1%50.5%4.4%-0.9%1.8M-48.2M-296.5K0.973.774,4574,32155,36252,413
2019-03-05$20.10$19.0037.0%14.3%27.5%33.2%49.9%3.8%-0.9%1.8M-46.7M-305.4K0.353.067,5862,65557,62555,248
2019-03-06$19.69$19.0038.0%14.6%28.8%37.2%49.8%3.6%-1.6%1.8M-39.4M-311.5K0.354.297,6272,66963,07956,254
2019-03-07$19.19$19.0039.9%17.0%29.6%44.7%57.6%4.6%-1.3%1.7M-29.2M-313.3K0.833.8418,43615,25868,26356,474
2019-03-08$18.71$19.0032.6%9.8%27.8%16.3%34.4%3.8%-0.7%1.2M-8.8M-291.2K0.833.3223,48119,43077,25367,801
2019-03-11$19.38$17.0029.5%8.5%30.4%4.0%30.8%3.4%1.1%2.3M-32.8M-307.6K0.204.619,5511,92778,54467,860
2019-03-12$19.80$17.0028.4%8.2%28.8%0.0%28.8%3.3%-0.4%3.5M-48.5M-325.6K0.433.402,9681,27886,02667,865
2019-03-13$19.71$17.0029.2%8.4%27.8%2.9%33.9%2.2%-1.3%3.4M-45.9M-324.0K0.064.0230,7211,98786,34268,575
2019-03-14$19.44$17.0028.8%8.7%28.0%1.3%35.3%2.2%1.4%2.9M-37.7M-327.1K0.084.1224,5521,978100,11569,052
2019-03-15$20.07$17.0036.0%9.8%30.1%29.5%34.8%1.1%0.2%6.0M-64.7M-377.0K0.093.6885,1688,012106,08869,403
2019-03-18$19.96$18.0033.9%9.7%29.4%21.2%35.1%1.1%0.7%7.2M-79.2M-445.3K0.703.3811,2787,923142,96160,276
2019-03-19$20.23$18.0032.3%9.5%28.4%15.2%33.3%1.2%0.1%8.6M-93.2M-450.3K0.754.159,2296,926147,01367,246
2019-03-20$20.07$18.0032.4%9.3%27.6%15.3%33.3%1.4%0.3%8.2M-80.0M-463.2K0.194.498,4701,640148,92272,325
2019-03-21$20.84$18.0034.5%9.7%30.1%23.8%34.5%-0.2%-0.5%9.3M-130.6M-472.1K0.075.3756,1904,097149,12072,693
2019-03-22$19.70$18.0037.4%10.3%36.7%35.1%36.6%0.1%-1.8%6.4M-69.1M-496.3K0.144.2932,9404,585164,77273,845
2019-03-25$19.76$18.0036.9%10.3%36.6%33.1%37.0%1.5%-0.5%7.6M-74.9M-494.2K0.104.8416,6591,726172,78567,275
2019-03-26$19.61$18.0035.7%10.0%36.6%28.4%35.0%0.9%-0.4%7.7M-66.9M-478.7K0.263.747,6371,991179,33868,408
2019-03-27$19.82$18.0034.1%9.5%36.5%21.9%33.6%0.4%-0.3%8.8M-75.3M-474.3K0.143.667,3591,058179,29269,494
2019-03-28$19.49$18.0033.1%9.6%36.4%18.4%34.2%1.0%-0.2%5.6M-49.8M-437.3K0.093.4722,2541,975179,77669,676
2019-03-29$19.84$18.0032.9%9.7%37.0%17.2%33.9%0.1%-0.3%8.9M-80.2M-471.2K0.145.4919,4812,646195,25569,683