MRVL Options History — May 2020

In May 2020, MRVL traded between $25.47 and $32.43. ATM implied volatility averaged 49.2%, placing in the 24.7% IV rank vs the trailing year. The 30-day expected move averaged 13.9%. IV traded above realized volatility by 8.2% (HV 20d: 41.0%). Max pain ranged from $25.00 to $29.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 4 of 20 days. Put/call ratio averaged 0.62.

Notable Days

  • 2020-05-29: Highest Volume — 87,741 contracts
  • 2020-05-29: Largest IV drop — 16.1% change
  • 2020-05-04: Highest IV Rank — 29.2%
  • 2020-05-27: Largest Expected Move — 14.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$27.73$25.47$32.43$25.47$32.43
Max Pain$26.05$25.00$29.00$25.00$29.00
ATM IV49.2%41.5%53.4%51.8%41.5%
Expected Move13.9%11.7%14.9%14.0%11.7%
HV 20d41.0%37.8%46.9%44.6%46.9%
HV 60d73.1%71.0%75.0%75.0%72.4%
IV Rank24.7%16.5%29.2%27.5%16.5%
IV Percentile81.7%67.1%88.1%87.7%67.1%
Term Structure-0.8%-2.9%1.0%1.0%0.9%
VWIV48.0%42.0%51.4%50.1%42.0%
Skew 25d6.6%3.1%8.6%3.1%5.9%
Skew 10d13.5%6.4%23.1%23.1%6.4%
Call IV 25d46.1%39.3%50.0%50.0%39.3%
Put IV 25d52.7%45.2%57.9%53.1%45.2%
Bid-Ask Spread %6.294.2013.904.207.86
Gamma HHI0.130.080.290.110.14
Net GEX5.8M1.9M11.7M4.7M11.7M
Net DEX-151.1M-338.1M-78.5M-87.3M-338.1M
Net VEX-1.1M-1.2M-1.0M-1.1M-1.2M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.620.112.121.050.20
Total Volume25,3556,86387,74114,37587,741
Total OI268,278.6205,005308,136308,136293,362

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2020-05-01$25.47$25.0051.8%14.0%44.6%27.5%50.1%3.1%1.0%4.7M-87.3M-1.1M1.054.207,0057,370197,485110,651
2020-05-04$25.61$26.0053.4%14.7%44.4%29.2%50.9%8.1%-1.8%4.2M-94.1M-1.1M0.366.345,0561,807178,305103,382
2020-05-05$26.12$26.0051.5%14.3%41.2%27.2%47.6%6.4%-1.1%5.6M-118.3M-1.1M0.807.547,6296,077180,762104,301
2020-05-06$26.73$26.0051.2%14.3%41.0%26.8%49.4%6.9%-0.4%7.0M-150.1M-1.1M0.246.299,7232,359183,245107,216
2020-05-07$26.49$26.0049.8%14.2%40.9%25.4%48.2%6.2%-1.6%6.4M-130.1M-1.1M1.296.295,1666,689182,896107,701
2020-05-08$26.78$25.0047.9%13.1%40.0%23.3%46.3%3.9%-0.8%7.8M-148.1M-1.1M1.1610.189,03410,489184,561113,480
2020-05-11$26.52$26.0048.4%13.2%40.2%23.9%46.1%5.2%-2.9%6.7M-124.5M-1.0M0.686.075,7983,916181,300102,501
2020-05-12$26.18$25.0049.3%13.7%37.8%24.8%46.1%7.1%-1.5%5.8M-113.3M-1.0M0.495.4512,3806,030183,769104,233
2020-05-13$25.57$25.0052.8%14.6%38.3%28.5%50.8%8.5%-2.0%3.2M-78.5M-1.0M0.425.699,1853,868187,319106,272
2020-05-14$26.15$25.0051.0%14.6%38.4%26.6%50.1%6.4%-0.1%3.6M-106.0M-1.0M2.125.174,1078,689187,327105,956
2020-05-15$26.31$25.0050.3%14.4%38.2%25.9%48.8%8.3%0.8%1.9M-115.2M-1.0M1.215.597,1878,662187,576109,008
2020-05-18$27.64$25.0046.1%13.1%41.8%21.4%45.5%8.6%-1.0%3.7M-118.6M-1.0M0.355.0813,3924,631124,84480,161
2020-05-19$27.65$25.0047.4%13.6%39.8%22.8%44.5%7.4%-1.1%3.8M-122.7M-1.0M0.115.5622,1342,454128,09481,855
2020-05-20$28.95$26.0047.0%13.5%40.6%22.4%46.9%8.2%-0.1%5.3M-170.0M-1.1M0.215.4125,0005,254138,09183,449
2020-05-21$29.09$26.0047.9%13.8%40.6%23.3%49.0%6.3%-1.7%5.4M-177.2M-1.1M0.1813.9023,7274,290143,09586,527
2020-05-22$30.01$27.0046.9%13.6%41.3%22.3%47.5%7.0%-0.7%10.5M-218.8M-1.2M0.365.3516,3225,938151,84788,989
2020-05-26$30.41$27.0049.9%14.7%41.4%25.4%50.2%5.5%0.2%5.5M-204.5M-1.2M0.294.4644,77912,811144,33186,837
2020-05-27$30.62$28.0049.8%14.9%40.8%25.4%51.4%8.5%-0.8%6.2M-217.1M-1.2M0.234.2627,2566,402161,23394,875
2020-05-28$29.95$28.0049.4%14.1%41.1%24.9%48.6%5.5%-1.1%6.3M-189.8M-1.2M0.675.1634,05422,689169,72599,011
2020-05-29$32.43$29.0041.5%11.7%46.9%16.5%42.0%5.9%0.9%11.7M-338.1M-1.2M0.207.8673,00214,739184,276109,086