MRVL Options History — August 2019

In August 2019, MRVL traded between $23.49 and $25.70. ATM implied volatility averaged 41.9%, placing in the 54.6% IV rank vs the trailing year. The 30-day expected move averaged 11.8%. IV traded above realized volatility by 5.9% (HV 20d: 36.0%). Max pain ranged from $24.00 to $26.00. Net GEX was positive for 21 of 22 trading days. Term structure was in contango for 3 of 22 days. Put/call ratio averaged 0.91.

Notable Days

  • 2019-08-28: Highest Volume — 37,772 contracts
  • 2019-08-30: Largest IV drop — 20.6% change
  • 2019-08-05: Highest IV Rank — 70.6%
  • 2019-08-27: Largest Expected Move — 13.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$24.52$23.49$25.70$25.70$23.96
Max Pain$24.89$24.00$26.00$24.00$24.50
ATM IV41.9%33.6%46.2%36.2%33.6%
Expected Move11.8%9.4%13.5%10.3%9.4%
HV 20d36.0%26.8%39.9%26.8%39.2%
HV 60d30.1%28.7%31.6%30.1%29.8%
IV Rank54.6%23.7%70.6%33.5%23.7%
IV Percentile73.5%25.0%90.5%44.0%25.0%
Term Structure-0.9%-1.7%2.4%2.4%0.3%
VWIV40.9%32.1%46.2%35.2%32.1%
Skew 25d5.7%4.2%7.2%4.9%4.2%
Skew 10d11.8%7.7%14.3%9.8%7.7%
Call IV 25d39.4%31.7%42.6%32.5%31.7%
Put IV 25d45.0%36.0%49.8%37.3%36.0%
Bid-Ask Spread %3.582.526.273.364.97
Gamma HHI0.090.070.240.100.08
Net GEX1.5M-345.6K4.5M4.5M1.8M
Net DEX-39.9M-74.5M-7.0M-74.5M-35.9M
Net VEX-902.4K-971.7K-864.7K-906.3K-932.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.910.202.651.030.38
Total Volume14,562.7734,09837,77214,44732,964
Total OI229,622.591197,913262,068236,196262,068

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2019-08-01$25.70$24.0036.2%10.3%26.8%33.5%35.2%4.9%2.4%4.5M-74.5M-906.3K1.033.367,1147,333135,564100,632
2019-08-02$25.10$24.0040.8%10.2%27.9%50.7%35.1%5.1%0.0%2.4M-52.0M-893.1K1.933.029,49918,348134,656101,183
2019-08-05$23.99$26.0046.2%12.6%32.4%70.6%45.8%7.2%-1.1%1.1M-22.1M-864.7K0.623.469,7136,024130,04398,202
2019-08-06$24.18$25.0044.9%12.1%31.9%65.8%41.8%5.4%-1.3%1.4M-30.1M-877.6K1.933.243,5006,768135,680100,748
2019-08-07$24.73$25.0044.3%11.8%32.0%63.7%41.6%6.3%-1.3%1.5M-45.7M-910.4K0.473.652,7931,305136,672103,637
2019-08-08$25.30$25.0039.2%10.8%32.9%44.7%37.5%4.8%-0.8%2.4M-71.0M-891.8K0.703.384,1992,949138,040104,027
2019-08-09$24.87$25.0040.6%11.3%32.9%49.8%40.0%5.6%-1.3%3.9M-46.3M-893.8K2.545.104,85212,322138,707107,551
2019-08-12$23.98$25.0043.3%12.1%33.1%60.1%42.2%5.8%-1.0%441.6K-22.8M-877.3K0.722.773,8742,772133,322102,442
2019-08-13$25.10$25.0040.9%11.3%37.5%50.8%38.7%4.9%-1.4%1.7M-62.2M-909.3K0.903.665,4324,863134,612102,474
2019-08-14$24.80$25.0043.7%12.4%37.3%61.5%43.6%6.3%-0.5%1.6M-52.1M-914.3K0.273.914,8011,300136,155102,627
2019-08-15$24.16$25.0044.9%12.6%37.8%65.9%43.0%6.2%-1.5%730.4K-30.8M-883.1K0.506.277,0673,560138,930102,248
2019-08-16$24.93$25.0041.2%11.6%39.6%52.1%40.4%5.2%-1.0%4.4M-55.1M-918.6K1.012.528,7078,760141,534104,495
2019-08-19$25.23$25.0040.9%11.6%39.9%50.8%39.0%5.6%-0.7%919.5K-51.4M-915.1K0.552.945,6033,088106,15091,763
2019-08-20$24.99$25.0040.4%11.6%39.0%49.2%39.5%6.0%-1.6%637.3K-42.7M-901.3K0.323.8910,5333,407107,64492,335
2019-08-21$24.85$25.0039.0%11.2%37.3%44.0%38.6%5.1%-0.9%786.8K-41.8M-910.9K0.672.903,7992,543114,08194,169
2019-08-22$24.85$25.0040.3%11.6%37.3%48.7%40.9%5.8%-1.2%855.6K-42.7M-917.8K1.043.673,1313,257116,05895,697
2019-08-23$23.84$25.0043.9%12.7%39.3%62.1%46.2%7.1%-1.5%-345.6K-7.0M-886.5K2.653.674,97013,169117,71597,677
2019-08-26$23.54$25.0044.7%13.2%39.3%65.3%44.7%5.8%-1.6%220.9K-11.9M-882.4K0.583.154,8522,833114,41494,800
2019-08-27$23.49$25.0045.4%13.5%39.2%67.8%45.1%6.6%-1.7%292.1K-12.5M-890.1K0.352.936,6702,350118,85896,482
2019-08-28$23.57$24.5044.4%13.2%39.2%64.1%46.0%5.6%-1.2%449.9K-16.8M-904.9K0.202.9731,4666,306122,77497,757
2019-08-29$24.23$24.5042.3%12.6%39.8%56.3%43.0%5.2%-1.5%2.3M-49.4M-971.7K0.633.2419,36912,216145,990101,084
2019-08-30$23.96$24.5033.6%9.4%39.2%23.7%32.1%4.2%0.3%1.8M-35.9M-932.8K0.384.9723,8499,115156,254105,814