MRVL Options History — December 2020

In December 2020, MRVL traded between $42.52 and $47.73. ATM implied volatility averaged 41.8%, placing in the 16.0% IV rank vs the trailing year. The 30-day expected move averaged 12.3%. IV traded above realized volatility by 5.9% (HV 20d: 35.8%). Max pain ranged from $35.00 to $40.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 12 of 22 days. Put/call ratio averaged 0.37.

Notable Days

2020-12-04: Highest Volume — 125,813 contracts
2020-12-04: Largest IV drop — 15.8% change
2020-12-03: Highest IV Rank — 26.2%
2020-12-01: Largest Expected Move — 15.5%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$45.57	$42.52	$47.73	$46.69	$47.53
Max Pain	$37.50	$35.00	$40.00	$40.00	$40.00
ATM IV	41.8%	38.4%	50.6%	49.1%	38.4%
Expected Move	12.3%	11.2%	15.5%	15.5%	11.5%
HV 20d	35.8%	28.8%	54.9%	53.4%	30.6%
HV 60d	43.3%	42.2%	44.2%	42.4%	42.9%
IV Rank	16.0%	9.1%	26.2%	24.6%	9.1%
IV Percentile	27.4%	7.9%	81.7%	72.6%	7.9%
Term Structure	0.4%	-1.8%	3.5%	0.1%	-1.0%
VWIV	44.1%	40.4%	54.7%	54.7%	42.8%
Skew 25d	0.1%	-3.2%	2.4%	-3.2%	0.5%
Skew 10d	0.9%	-4.8%	15.8%	-4.8%	-0.1%
Call IV 25d	42.3%	37.8%	54.6%	50.1%	38.1%
Put IV 25d	42.4%	38.6%	52.2%	46.8%	38.6%
Bid-Ask Spread %	4.88	1.97	14.47	4.64	5.12
Gamma HHI	0.11	0.08	0.17	0.10	0.13
Net GEX	21.1M	5.6M	32.1M	19.1M	28.3M
Net DEX	-583.9M	-873.8M	-385.4M	-701.5M	-625.0M
Net VEX	-2.1M	-2.2M	-1.9M	-2.1M	-1.9M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.37	0.10	0.96	0.12	0.80
Total Volume	40,126.136	12,437	125,813	50,810	20,307
Total OI	427,077.273	376,856	470,787	389,482	410,942

Daily Data (22 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Vol	Put Vol	Call OI	Put OI
2020-12-01	$46.69	$40.00	49.1%	15.5%	53.4%	24.6%	54.7%	-3.2%	0.1%	19.1M	-701.5M	-2.1M	0.12	4.64	45,255	5,555	279,662	109,820
2020-12-02	$45.60	$40.00	47.4%	15.2%	54.9%	22.8%	53.7%	-3.0%	3.5%	19.5M	-634.0M	-2.1M	0.18	4.80	30,825	5,420	290,287	112,547
2020-12-03	$45.31	$35.00	50.6%	14.8%	53.5%	26.2%	52.7%	-2.4%	-0.4%	19.4M	-625.8M	-2.2M	0.37	14.47	60,646	22,357	301,839	115,519
2020-12-04	$43.28	$35.00	42.6%	12.7%	53.3%	17.7%	45.7%	2.0%	3.2%	17.6M	-437.8M	-2.1M	0.48	3.56	84,913	40,900	327,070	130,326
2020-12-07	$43.98	$35.00	41.4%	12.4%	42.6%	16.4%	44.0%	0.2%	1.8%	20.6M	-526.8M	-2.2M	0.31	7.77	31,576	9,754	323,619	124,976
2020-12-08	$43.70	$36.00	39.8%	12.3%	37.4%	14.7%	43.6%	-0.3%	3.3%	20.7M	-500.5M	-2.1M	0.52	2.92	19,531	10,231	324,138	129,508
2020-12-09	$42.52	$36.00	39.9%	12.1%	32.9%	14.8%	43.3%	-1.1%	2.4%	14.1M	-385.4M	-2.1M	0.46	1.97	18,679	8,611	327,280	136,861
2020-12-10	$42.95	$36.00	40.9%	12.2%	29.6%	15.9%	43.3%	1.0%	1.4%	14.7M	-419.7M	-2.1M	0.42	4.25	12,020	5,107	329,002	140,329
2020-12-11	$42.99	$36.00	42.2%	12.0%	29.3%	17.2%	43.1%	1.0%	0.1%	5.6M	-420.2M	-2.1M	0.96	2.42	15,674	15,095	329,452	141,335
2020-12-14	$44.41	$36.00	41.4%	12.0%	28.8%	16.4%	42.8%	0.3%	-0.1%	22.0M	-543.2M	-2.1M	0.18	6.71	45,635	8,391	314,693	128,139
2020-12-15	$45.01	$36.00	41.4%	11.9%	29.1%	16.4%	41.7%	0.6%	-1.8%	25.9M	-598.3M	-2.0M	0.19	5.70	30,241	5,695	319,230	129,972
2020-12-16	$45.32	$36.00	39.8%	11.4%	29.0%	14.7%	40.4%	0.7%	-0.6%	28.5M	-629.5M	-2.1M	0.32	7.55	12,076	3,924	325,318	131,768
2020-12-17	$46.98	$36.00	41.8%	12.1%	31.3%	16.8%	42.9%	-2.2%	-1.5%	32.1M	-813.3M	-2.1M	0.20	3.72	42,123	8,337	326,870	133,136
2020-12-18	$47.73	$36.00	40.9%	11.8%	31.0%	15.9%	42.3%	-1.5%	-1.0%	27.9M	-873.8M	-2.1M	0.27	14.06	50,778	13,514	326,260	134,487
2020-12-21	$47.16	$36.00	41.1%	11.9%	31.5%	16.1%	43.4%	-1.1%	0.1%	20.7M	-642.8M	-2.0M	0.33	3.34	31,195	10,170	268,932	110,494
2020-12-22	$47.09	$40.00	41.1%	11.7%	31.5%	15.9%	42.4%	1.9%	-0.8%	20.9M	-599.1M	-2.0M	0.32	2.26	10,561	3,379	272,300	115,941
2020-12-23	$46.61	$40.00	39.9%	11.3%	31.8%	13.3%	42.0%	2.4%	0.2%	19.1M	-558.0M	-2.0M	0.63	2.75	12,805	8,039	272,150	116,329
2020-12-24	$46.90	$40.00	40.9%	11.4%	31.8%	14.4%	40.6%	2.1%	0.5%	19.7M	-582.9M	-2.0M	0.34	2.75	9,309	3,128	274,806	119,735
2020-12-28	$47.07	$40.00	39.3%	11.3%	31.8%	10.8%	41.8%	1.5%	-0.2%	22.2M	-582.2M	-1.9M	0.10	2.24	56,086	5,582	265,320	111,536
2020-12-29	$46.35	$40.00	38.8%	11.2%	31.2%	10.1%	42.2%	1.4%	-1.5%	21.7M	-534.6M	-2.0M	0.21	2.22	19,898	4,273	294,646	114,452
2020-12-30	$47.34	$40.00	40.2%	11.3%	31.9%	11.1%	40.9%	1.7%	0.9%	24.6M	-612.1M	-1.9M	0.43	2.05	17,573	7,607	288,063	116,611
2020-12-31	$47.53	$40.00	38.4%	11.5%	30.6%	9.1%	42.8%	0.5%	-1.0%	28.3M	-625.0M	-1.9M	0.80	5.12	11,312	8,995	290,961	119,981