MRVL Options History — May 2019

In May 2019, MRVL traded between $21.34 and $24.78. ATM implied volatility averaged 42.9%, placing in the 56.7% IV rank vs the trailing year. The 30-day expected move averaged 11.7%. IV traded above realized volatility by 11.0% (HV 20d: 32.0%). Max pain ranged from $21.00 to $25.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 3 of 22 days. Put/call ratio averaged 0.45.

Notable Days

  • 2019-05-17: Highest Volume — 84,417 contracts
  • 2019-05-31: Largest IV drop — 14.2% change
  • 2019-05-13: Highest IV Rank — 73.1%
  • 2019-05-28: Largest Expected Move — 13.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$22.99$21.34$24.78$24.78$22.31
Max Pain$23.91$21.00$25.00$21.00$23.00
ATM IV42.9%37.5%47.1%37.8%37.5%
Expected Move11.7%9.0%13.2%9.0%10.4%
HV 20d32.0%25.0%39.1%25.0%39.1%
HV 60d32.6%29.5%35.4%30.7%35.1%
IV Rank56.7%35.5%73.1%36.5%35.5%
IV Percentile80.7%52.0%93.7%54.4%52.0%
Term Structure-1.0%-3.2%2.6%2.6%-0.4%
VWIV40.5%31.5%45.5%32.8%36.5%
Skew 25d3.1%-0.1%4.3%-0.1%4.0%
Skew 10d7.5%3.4%27.8%27.8%6.7%
Call IV 25d42.0%35.7%44.9%41.2%35.7%
Put IV 25d45.1%39.7%49.2%41.1%39.8%
Bid-Ask Spread %7.463.1147.1515.764.36
Gamma HHI0.120.070.200.160.07
Net GEX5.3M825.5K14.0M13.8M1.3M
Net DEX-108.0M-274.0M-5.3M-274.0M-28.6M
Net VEX-659.1K-814.0K-476.7K-656.8K-752.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.450.081.410.080.37
Total Volume21,008.0914,18284,41718,72121,789
Total OI300,497.136227,220381,248350,982254,193

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2019-05-01$24.78$21.0037.8%9.0%25.0%36.5%32.8%-0.1%2.6%13.8M-274.0M-656.8K0.0815.7617,3451,376266,72584,257
2019-05-02$24.62$21.0040.2%9.4%25.3%45.9%33.4%2.4%1.1%13.8M-258.7M-650.0K0.1519.1119,5862,892271,03684,633
2019-05-03$24.68$21.0039.6%9.0%25.2%43.6%31.5%0.5%1.5%14.0M-259.9M-635.3K0.2347.1522,8545,311271,61085,022
2019-05-06$24.45$25.0042.2%11.8%25.7%53.9%40.5%3.1%-1.1%9.1M-207.2M-627.6K0.373.7110,3133,854242,56584,474
2019-05-07$23.69$25.0045.5%12.2%29.1%66.8%42.1%3.4%-1.8%7.3M-159.5M-594.8K0.644.496,6174,256244,89883,756
2019-05-08$23.93$25.0042.9%11.5%29.1%56.6%39.5%2.5%-1.6%7.4M-169.2M-569.0K0.315.0414,6034,547245,02583,145
2019-05-09$23.44$25.0044.7%12.1%28.9%63.5%40.5%3.6%-0.7%6.3M-139.7M-545.0K0.683.9817,62512,010247,69884,476
2019-05-10$23.47$25.0043.7%11.8%28.8%59.5%40.8%2.8%-2.2%6.3M-139.6M-552.9K0.844.802,9092,446253,65191,333
2019-05-13$22.09$25.0047.1%12.9%30.7%73.1%44.2%4.3%-1.5%4.0M-69.8M-482.0K0.514.227,3503,781245,13489,427
2019-05-14$22.89$25.0044.0%11.9%33.7%60.6%40.4%4.0%-2.4%3.8M-110.8M-490.9K0.293.9614,9554,267248,03087,813
2019-05-15$23.12$25.0042.5%11.5%33.5%55.0%39.1%3.1%-2.2%3.4M-122.5M-488.9K0.184.573,546636250,15188,695
2019-05-16$23.20$25.0041.2%11.3%30.8%49.9%38.6%3.5%-2.3%3.5M-128.5M-476.7K1.415.1222,43931,613251,99387,189
2019-05-17$22.65$25.0044.7%12.3%31.6%63.4%42.2%3.6%-3.2%1.9M-102.8M-814.0K0.593.4553,19831,219268,942112,306
2019-05-20$21.80$24.0045.2%12.7%33.7%65.3%43.9%3.8%-0.7%2.2M-17.2M-765.8K0.154.269,5111,440160,28174,936
2019-05-21$22.38$24.0042.6%12.1%35.3%55.4%41.8%3.1%-0.6%3.7M-36.2M-786.4K0.124.1715,4361,898164,60074,922
2019-05-22$22.54$24.0042.5%12.2%34.6%54.9%42.0%3.2%-0.5%4.3M-41.6M-780.1K0.134.599,9641,297163,67175,674
2019-05-23$22.05$24.0044.4%12.8%35.0%62.2%44.2%4.1%-0.8%2.5M-24.9M-776.1K0.834.228,5447,088164,90175,825
2019-05-24$21.97$24.0042.8%12.3%35.0%56.1%42.1%2.9%-0.5%3.5M-20.8M-775.5K0.304.4413,5594,006164,83081,475
2019-05-28$21.34$23.5044.9%13.2%35.7%64.2%44.8%3.3%-1.7%825.5K-5.3M-719.9K0.424.146,6812,831147,05880,162
2019-05-29$22.05$23.5045.0%13.0%38.5%64.8%45.5%4.0%-1.3%1.7M-23.8M-774.0K0.545.4310,9895,921149,63981,725
2019-05-30$22.30$23.0043.8%12.7%39.0%59.8%44.2%3.5%-1.2%2.3M-34.6M-786.1K0.783.1111,0428,634157,47885,583
2019-05-31$22.31$23.0037.5%10.4%39.1%35.5%36.5%4.0%-0.4%1.3M-28.6M-752.6K0.374.3615,8585,931162,92391,270