MRVL Options History — January 2021

In January 2021, MRVL traded between $46.07 and $54.27. ATM implied volatility averaged 44.7%, placing in the 14.1% IV rank vs the trailing year. The 30-day expected move averaged 12.8%. IV traded above realized volatility by 11.5% (HV 20d: 33.2%). Max pain ranged from $40.00 to $45.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 14 of 19 days. Put/call ratio averaged 0.41.

Notable Days

  • 2021-01-19: Highest Volume — 113,298 contracts
  • 2021-01-27: Largest IV spike — 22.4% change
  • 2021-01-27: Highest IV Rank — 28.2%
  • 2021-01-27: Largest Expected Move — 15.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$51.04$46.07$54.27$46.07$51.77
Max Pain$42.16$40.00$45.00$40.00$45.00
ATM IV44.7%40.3%59.3%42.4%48.7%
Expected Move12.8%11.6%15.8%12.2%14.9%
HV 20d33.2%29.0%41.0%32.7%41.0%
HV 60d43.4%42.5%44.0%43.4%43.0%
IV Rank14.1%11.2%28.2%13.6%13.5%
IV Percentile42.1%14.7%90.5%32.1%70.2%
Term Structure2.9%-2.0%18.5%0.2%17.0%
VWIV45.7%41.2%56.5%44.5%52.6%
Skew 25d-1.8%-11.2%4.2%3.9%-11.2%
Skew 10d2.1%-8.9%35.8%7.9%-5.1%
Call IV 25d46.6%40.8%62.8%44.3%52.4%
Put IV 25d44.8%41.1%52.4%48.1%41.2%
Bid-Ask Spread %9.112.4622.4414.0510.22
Gamma HHI0.180.140.270.140.15
Net GEX22.7M15.1M35.2M19.6M17.1M
Net DEX-704.9M-920.0M-498.0M-498.0M-576.5M
Net VEX-1.9M-2.3M-1.7M-1.8M-2.2M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.410.160.740.640.48
Total Volume41,709.15815,652113,29832,78932,369
Total OI382,161.789281,084434,972399,834369,690

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2021-01-04$46.07$40.0042.4%12.2%32.7%13.6%44.5%3.9%0.2%19.6M-498.0M-1.8M0.6414.0519,97512,814284,730115,104
2021-01-05$47.38$40.0041.2%12.1%29.0%12.3%43.3%4.2%0.8%23.5M-593.0M-1.8M0.5422.4410,1575,495289,798121,406
2021-01-06$46.61$40.0040.9%12.0%29.5%12.0%42.5%3.0%-0.1%21.1M-530.1M-1.8M0.747.919,9487,349290,739124,443
2021-01-07$48.66$40.0040.3%11.6%32.5%11.3%41.2%1.1%-2.0%28.6M-711.5M-1.8M0.334.3433,65010,959293,255127,484
2021-01-08$48.92$40.0040.9%11.6%30.2%12.0%41.4%1.4%0.3%35.2M-737.5M-1.8M0.484.4332,09815,396300,981131,265
2021-01-11$50.08$41.0042.9%12.5%30.7%14.2%44.2%2.8%0.5%29.7M-804.4M-1.8M0.2017.8942,2378,265290,159125,040
2021-01-12$50.56$41.0043.0%12.3%30.6%13.5%43.4%1.1%-0.4%30.9M-838.7M-1.8M0.256.6319,9575,069294,870128,738
2021-01-13$50.52$41.0041.3%12.1%29.3%11.4%42.9%-0.2%1.3%30.7M-832.4M-1.8M0.567.1014,7828,347293,467129,681
2021-01-14$51.41$41.0042.7%12.2%29.5%12.5%42.5%1.2%-0.6%29.8M-920.0M-1.7M0.202.4642,2958,596295,148134,018
2021-01-15$50.86$41.0041.5%11.7%30.2%11.2%43.3%-0.3%-1.5%16.1M-876.3M-1.8M0.744.0321,41415,875298,143136,829
2021-01-19$53.89$41.0045.5%13.0%33.8%15.7%46.6%-2.0%0.7%16.7M-695.1M-1.8M0.163.3497,27216,026207,41773,667
2021-01-20$54.27$43.0045.3%13.0%33.7%14.8%46.3%-2.5%0.6%22.8M-775.4M-2.0M0.184.6684,99015,347246,04582,175
2021-01-21$53.48$44.0042.9%12.3%33.9%12.2%44.1%-2.6%1.1%19.8M-696.8M-2.0M0.315.9021,9046,820251,55286,194
2021-01-22$52.89$44.0042.6%12.1%34.3%11.2%43.1%-2.7%1.4%19.6M-655.9M-2.0M0.285.7118,4355,207255,18388,352
2021-01-25$54.22$44.0049.9%13.7%34.4%17.8%48.7%-10.0%1.4%18.1M-724.5M-2.1M0.314.2850,29115,630241,73579,415
2021-01-26$54.18$45.0048.4%13.7%34.5%15.4%48.6%-5.8%4.2%19.7M-742.6M-2.2M0.356.1917,5256,072259,29190,442
2021-01-27$51.34$45.0059.3%15.8%40.8%28.2%56.5%-10.3%18.5%15.1M-546.5M-2.2M0.5520.2324,87813,780263,66493,905
2021-01-28$52.61$45.0049.9%14.9%40.7%15.8%53.1%-4.3%11.8%17.4M-637.2M-2.3M0.5221.2013,9447,306269,21297,837
2021-01-29$51.77$45.0048.7%14.9%41.0%13.5%52.6%-11.2%17.0%17.1M-576.5M-2.2M0.4810.2221,85710,512270,90198,789