MRVL Options History — April 2020

In April 2020, MRVL traded between $21.53 and $27.84. ATM implied volatility averaged 55.2%, placing in the 31.1% IV rank vs the trailing year. The 30-day expected move averaged 14.3%. IV traded below realized volatility by 19.3% (HV 20d: 74.5%). Max pain ranged from $21.00 to $25.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 12 of 21 days. Put/call ratio averaged 0.82.

Notable Days

  • 2020-04-27: Highest Volume — 45,191 contracts
  • 2020-04-08: Largest IV spike — 69.8% change
  • 2020-04-06: Highest IV Rank — 59.9%
  • 2020-04-01: Largest Expected Move — 19.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$25.27$21.53$27.84$21.53$26.95
Max Pain$24.00$21.00$25.00$21.00$25.00
ATM IV55.2%37.6%82.3%56.9%50.7%
Expected Move14.3%11.2%19.9%19.9%12.1%
HV 20d74.5%39.2%110.8%110.8%39.2%
HV 60d75.2%74.2%76.1%74.9%74.6%
IV Rank31.1%12.4%59.9%32.9%26.3%
IV Percentile87.7%51.2%97.6%91.7%86.9%
Term Structure5.0%-72.2%49.3%49.3%-2.8%
VWIV50.4%40.8%79.2%79.2%40.8%
Skew 25d9.7%-19.8%65.2%-12.2%19.5%
Skew 10d23.0%-66.7%92.1%32.3%29.2%
Call IV 25d56.0%36.3%87.5%80.4%52.6%
Put IV 25d65.8%44.1%119.3%68.2%72.1%
Bid-Ask Spread %5.874.4410.1810.185.01
Gamma HHI0.120.070.190.080.17
Net GEX4.4M44.9K11.8M44.9K8.0M
Net DEX-113.6M-219.4M-5.3M-5.3M-164.8M
Net VEX-1.1M-1.2M-927.1K-927.1K-1.1M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.820.054.352.390.32
Total Volume16,365.815,06045,1918,21211,414
Total OI269,259.524242,914304,881249,964304,881

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2020-04-01$21.53$21.0056.9%19.9%110.8%32.9%79.2%-12.2%49.3%44.9K-5.3M-927.1K2.3910.182,4235,789144,925105,039
2020-04-02$22.38$24.0050.3%17.4%106.5%25.9%74.8%-5.5%19.2%624.5K-26.6M-957.5K4.357.991,8558,075145,117109,386
2020-04-03$22.30$24.0076.8%17.4%106.3%54.1%49.9%12.6%37.7%396.9K-25.6M-951.5K0.656.768,4385,476145,392114,090
2020-04-06$23.53$24.0082.3%14.9%106.5%59.9%52.8%15.6%-72.2%1.6M-49.7M-995.2K1.305.366,9989,090138,776104,138
2020-04-07$24.16$24.0048.3%15.2%106.8%23.7%55.0%-9.5%16.9%2.2M-70.4M-1.0M1.207.486,3797,647141,196106,998
2020-04-08$24.62$24.0082.0%14.2%105.4%59.6%43.6%65.2%-28.6%2.3M-79.0M-1.0M0.095.2323,8682,111140,316113,713
2020-04-09$24.12$24.0046.1%15.0%98.4%21.4%48.7%26.1%9.6%2.8M-72.9M-1.1M0.605.476,2473,735159,550114,697
2020-04-13$24.44$24.0052.0%14.7%98.4%27.7%51.1%13.1%22.0%2.8M-77.7M-1.0M1.005.862,5252,535152,548110,938
2020-04-14$25.53$24.0046.8%13.2%89.7%22.1%46.1%12.6%26.7%4.2M-117.4M-1.1M0.226.757,1861,551156,214111,486
2020-04-15$25.12$24.0050.0%14.3%90.4%25.6%48.5%13.0%9.7%3.8M-104.1M-1.1M1.076.072,7572,962156,913111,397
2020-04-16$25.64$24.0049.1%13.4%76.3%24.6%46.7%11.7%6.4%4.5M-126.0M-1.1M0.174.635,233874157,957113,123
2020-04-17$26.02$24.0057.3%13.4%61.1%33.3%47.1%10.9%18.0%5.5M-140.3M-1.1M1.414.506,4549,111158,923113,397
2020-04-20$26.29$24.0050.7%14.4%60.6%26.3%48.9%-3.2%11.4%4.4M-131.4M-1.1M0.176.3132,8975,717148,14897,399
2020-04-21$25.46$24.0061.9%15.5%61.0%38.2%53.0%-19.8%1.4%3.9M-109.8M-1.1M0.585.6213,6807,895166,04399,046
2020-04-22$26.48$24.0049.8%14.1%42.2%25.3%48.5%16.3%-7.4%5.6M-154.2M-1.2M0.275.2710,9282,948172,109104,744
2020-04-23$26.62$24.0061.9%13.6%40.8%38.2%51.6%9.8%-4.3%6.2M-158.5M-1.2M0.475.619,5884,496173,417106,025
2020-04-24$27.19$24.0037.6%11.9%40.7%12.4%44.5%7.3%-5.5%6.5M-190.7M-1.2M0.544.618,5844,609174,430108,663
2020-04-27$27.43$24.0048.7%12.1%40.5%24.2%43.3%13.9%-0.0%6.9M-185.2M-1.2M0.064.6642,6622,529167,223104,740
2020-04-28$27.06$25.0051.8%12.6%41.1%27.4%42.8%18.5%-1.4%8.8M-176.8M-1.2M0.055.4125,0691,341191,653105,861
2020-04-29$27.84$25.0047.7%11.2%41.4%23.1%41.5%-11.7%-0.2%11.8M-219.4M-1.2M0.244.4416,1533,853197,245106,594
2020-04-30$26.95$25.0050.7%12.1%39.2%26.3%40.8%19.5%-2.8%8.0M-164.8M-1.1M0.325.018,6792,735196,082108,799