MRVL Options History — February 2021

In February 2021, MRVL traded between $46.56 and $53.66. ATM implied volatility averaged 55.9%, placing in the 22.3% IV rank vs the trailing year. The 30-day expected move averaged 16.0%. IV traded above realized volatility by 15.2% (HV 20d: 40.8%). Max pain ranged from $45.00 to $55.00. Net GEX was positive for 18 of 19 trading days. Term structure was in contango for 10 of 19 days. Put/call ratio averaged 0.46.

Notable Days

2021-02-12: Highest Volume — 113,245 contracts
2021-02-22: Largest IV drop — 16.5% change
2021-02-19: Highest IV Rank — 32.1%
2021-02-25: Largest Expected Move — 19.0%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$50.81	$46.56	$53.66	$52.95	$48.52
Max Pain	$53.42	$45.00	$55.00	$45.00	$55.00
ATM IV	55.9%	50.1%	64.0%	59.7%	53.5%
Expected Move	16.0%	12.6%	19.0%	14.0%	17.0%
HV 20d	40.8%	38.3%	44.3%	41.5%	44.3%
HV 60d	36.5%	32.9%	43.0%	43.0%	39.1%
IV Rank	22.3%	15.2%	32.1%	26.8%	19.3%
IV Percentile	86.4%	72.6%	92.5%	90.5%	83.3%
Term Structure	0.1%	-11.9%	9.9%	-11.9%	1.0%
VWIV	57.5%	44.2%	68.2%	50.6%	60.8%
Skew 25d	-0.4%	-18.3%	7.2%	-1.0%	2.6%
Skew 10d	-2.0%	-20.3%	22.2%	-20.3%	-0.4%
Call IV 25d	59.7%	50.4%	72.4%	61.3%	57.2%
Put IV 25d	59.2%	51.0%	69.5%	60.4%	59.8%
Bid-Ask Spread %	18.01	4.93	34.47	4.93	17.97
Gamma HHI	0.16	0.11	0.19	0.17	0.15
Net GEX	15.6M	-528.4K	30.5M	18.9M	9.8M
Net DEX	-492.6M	-817.8M	-124.0M	-650.5M	-253.0M
Net VEX	-2.6M	-3.0M	-2.2M	-2.2M	-2.8M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.46	0.11	1.35	0.33	0.62
Total Volume	45,692.053	23,380	113,245	23,380	40,055
Total OI	433,226.105	350,879	528,095	350,879	446,847

Daily Data (19 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
2021-02-01	$52.95	$45.00	59.7%	14.0%	41.5%	26.8%	50.6%	-1.0%	-11.9%	18.9M	-650.5M	-2.2M	0.33	4.93	17,627	5,753	261,753	89,126
2021-02-02	$52.84	$45.00	52.3%	12.9%	39.4%	17.8%	46.1%	-0.2%	1.0%	19.9M	-629.2M	-2.2M	0.66	7.03	31,328	20,532	264,834	92,109
2021-02-03	$51.31	$45.00	53.4%	12.6%	40.5%	19.2%	44.2%	-18.3%	0.4%	16.2M	-511.1M	-2.3M	0.38	5.08	23,924	9,115	276,642	109,472
2021-02-04	$50.15	$55.00	53.9%	15.3%	41.0%	19.7%	53.3%	5.5%	0.2%	12.9M	-416.7M	-2.3M	0.31	9.98	24,999	7,697	282,418	113,136
2021-02-05	$50.14	$55.00	51.2%	14.5%	38.3%	16.5%	51.6%	2.8%	1.9%	13.9M	-423.4M	-2.3M	0.43	13.19	28,133	12,211	293,766	116,464
2021-02-08	$51.50	$55.00	53.9%	15.2%	39.3%	19.8%	55.1%	2.1%	-0.9%	18.5M	-557.2M	-2.4M	0.23	22.05	36,435	8,457	289,853	112,272
2021-02-09	$51.32	$55.00	51.3%	14.8%	38.6%	16.6%	54.1%	-2.4%	-0.7%	20.4M	-559.1M	-2.5M	1.35	13.02	13,914	18,761	304,943	117,227
2021-02-10	$50.51	$55.00	57.0%	15.1%	38.9%	23.6%	54.2%	0.3%	-5.9%	16.1M	-484.2M	-2.5M	0.52	13.62	18,730	9,788	308,737	132,997
2021-02-11	$52.03	$55.00	55.4%	16.3%	40.3%	21.6%	58.2%	7.2%	-1.0%	21.8M	-628.7M	-2.6M	0.11	23.36	53,497	6,075	313,960	139,019
2021-02-12	$53.66	$55.00	62.7%	17.3%	41.3%	30.5%	60.9%	-0.7%	-1.2%	30.5M	-817.8M	-2.7M	0.19	26.64	94,966	18,279	327,166	141,069
2021-02-16	$52.91	$55.00	59.0%	16.8%	41.4%	26.0%	59.5%	-2.9%	-1.9%	25.0M	-736.2M	-2.9M	0.34	24.46	38,492	13,007	343,128	142,701
2021-02-17	$50.49	$55.00	58.2%	16.7%	39.3%	25.0%	59.6%	-1.6%	9.5%	17.2M	-516.7M	-2.8M	0.35	34.47	36,951	12,902	349,017	149,028
2021-02-18	$50.55	$55.00	59.8%	17.1%	39.2%	27.0%	63.7%	-3.7%	1.3%	15.1M	-527.7M	-2.9M	0.60	32.31	33,994	20,557	359,351	156,949
2021-02-19	$52.07	$55.00	64.0%	17.6%	40.6%	32.1%	63.9%	-0.5%	2.7%	18.8M	-682.1M	-3.0M	0.50	15.37	42,829	21,416	367,678	160,417
2021-02-22	$49.73	$55.00	53.4%	17.4%	43.5%	19.2%	63.3%	-2.8%	-1.9%	8.0M	-310.2M	-2.8M	0.59	22.34	24,917	14,601	277,123	119,489
2021-02-23	$49.07	$55.00	50.1%	17.3%	42.4%	15.2%	62.8%	-3.0%	7.8%	6.5M	-253.6M	-2.8M	0.38	14.77	24,832	9,544	285,587	128,192
2021-02-24	$49.14	$55.00	55.8%	17.5%	42.4%	22.1%	63.2%	4.3%	9.9%	7.3M	-278.2M	-2.8M	0.33	12.07	26,297	8,640	289,787	131,429
2021-02-25	$46.56	$55.00	58.3%	19.0%	42.4%	25.1%	68.2%	4.4%	-9.0%	-528.4K	-124.0M	-2.7M	0.59	29.56	24,486	14,408	300,579	137,031
2021-02-26	$48.52	$55.00	53.5%	17.0%	44.3%	19.3%	60.8%	2.6%	1.0%	9.8M	-253.0M	-2.8M	0.62	17.97	24,665	15,390	307,042	139,805