MRVL Options History — February 2020

In February 2020, MRVL traded between $20.74 and $25.81. ATM implied volatility averaged 46.6%, placing in the 80.5% IV rank vs the trailing year. The 30-day expected move averaged 13.2%. IV traded below realized volatility by 2.7% (HV 20d: 49.3%). Max pain ranged from $24.00 to $25.00. Net GEX was positive for 13 of 19 trading days. Term structure was in contango for 3 of 19 days. Put/call ratio averaged 0.76.

Notable Days

  • 2020-02-07: Highest Volume — 71,238 contracts
  • 2020-02-28: Largest IV spike — 22.5% change
  • 2020-02-24: Highest IV Rank — 100.0%
  • 2020-02-28: Largest Expected Move — 23.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$24.16$20.74$25.81$24.18$20.87
Max Pain$24.95$24.00$25.00$25.00$24.00
ATM IV46.6%39.6%80.1%42.6%80.1%
Expected Move13.2%9.7%23.7%11.1%23.7%
HV 20d49.3%45.5%53.8%46.2%51.7%
HV 60d41.1%37.6%45.3%37.6%45.2%
IV Rank80.5%64.3%100.0%78.6%100.0%
IV Percentile89.6%76.2%100.0%90.9%100.0%
Term Structure-0.2%-2.4%14.5%-1.0%3.1%
VWIV45.6%35.7%83.7%37.6%83.7%
Skew 25d4.9%2.9%9.7%6.5%9.7%
Skew 10d10.1%5.4%24.8%12.0%24.8%
Call IV 25d44.3%37.8%70.6%39.8%70.6%
Put IV 25d49.2%41.3%80.3%46.2%80.3%
Bid-Ask Spread %3.812.3912.322.5012.32
Gamma HHI0.100.070.130.120.09
Net GEX1.8M-900.6K5.0M467.2K-449.2K
Net DEX-37.4M-103.6M63.8M-6.7M51.6M
Net VEX-1.1M-1.2M-917.0K-980.5K-957.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.760.162.160.390.43
Total Volume20,675.47410,55471,23812,35212,293
Total OI292,042.368266,750322,354266,750283,718

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2020-02-03$24.18$25.0042.6%11.1%46.2%78.6%37.6%6.5%-1.0%467.2K-6.7M-980.5K0.392.508,8663,486157,358109,392
2020-02-04$24.79$25.0041.3%10.7%45.5%72.3%37.5%4.5%-0.8%2.1M-40.4M-1.0M0.163.3412,5722,031160,360110,255
2020-02-05$25.81$25.0041.3%9.7%47.0%72.5%35.7%3.8%-1.5%5.0M-103.6M-1.1M0.242.8516,6293,971163,534111,390
2020-02-06$25.73$25.0040.3%10.6%46.9%67.6%37.3%4.0%-1.5%4.8M-92.2M-1.0M1.163.096,0026,952162,268113,599
2020-02-07$24.15$25.0043.8%11.6%51.9%84.0%38.6%3.9%-1.8%-470.5K2.1M-994.4K0.593.3844,78826,450163,406116,169
2020-02-10$24.03$25.0042.7%11.7%51.4%78.9%42.4%4.4%-1.6%-323.0K-12.3M-1.0M1.342.3911,99116,024172,079116,679
2020-02-11$25.41$25.0043.6%11.9%53.8%83.1%40.9%5.1%-1.8%3.8M-99.6M-1.2M0.194.5628,1165,310177,704126,744
2020-02-12$25.48$25.0040.7%11.2%53.7%69.3%39.2%3.7%-1.4%4.5M-101.5M-1.2M0.693.936,8624,742182,085128,259
2020-02-13$25.14$25.0041.5%11.5%52.7%73.2%39.7%2.9%-1.6%3.4M-76.5M-1.2M1.333.707,4119,871184,438130,901
2020-02-14$25.12$25.0040.2%11.2%48.2%66.9%38.4%3.1%-1.9%3.1M-74.2M-1.1M0.412.7722,7619,360184,957137,397
2020-02-18$24.80$25.0039.8%11.3%47.9%65.2%39.3%3.6%-1.1%2.7M-59.6M-1.1M1.042.698,2628,579183,545122,959
2020-02-19$25.19$25.0039.6%11.4%47.1%64.3%38.4%3.5%-0.8%3.8M-83.8M-1.1M0.343.308,1802,746186,211128,999
2020-02-20$25.14$25.0040.5%11.6%46.7%68.4%40.8%3.5%-0.5%3.1M-82.7M-1.1M0.813.027,0195,678186,741128,694
2020-02-21$24.40$25.0044.1%12.8%47.2%85.8%43.2%5.4%-1.9%737.5K-35.0M-1.1M2.162.846,53714,120187,767131,823
2020-02-24$22.95$25.0050.6%14.9%50.6%100.0%51.1%8.0%-1.1%-18.9K6.8M-1.0M0.983.319,4959,311156,724110,068
2020-02-25$22.79$25.0054.0%16.4%48.3%100.0%55.6%5.9%0.4%5949.8M-1.0M0.534.3511,6666,196160,400113,750
2020-02-26$22.38$25.0053.6%16.3%47.7%98.5%57.4%8.5%-2.4%-478.8K23.8M-1.0M0.653.756,4024,152162,462115,775
2020-02-27$20.74$25.0065.4%20.9%51.6%100.0%69.4%4.0%14.5%-900.6K63.8M-917.0K0.934.299,3478,656163,889116,306
2020-02-28$20.87$24.0080.1%23.7%51.7%100.0%83.7%9.7%3.1%-449.2K51.6M-957.6K0.4312.328,5943,699167,971115,747