MRVL Options History — April 2021

In April 2021, MRVL traded between $45.27 and $51.01. ATM implied volatility averaged 36.6%, placing in the 4.1% IV rank vs the trailing year. The 30-day expected move averaged 10.4%. IV traded below realized volatility by 0.5% (HV 20d: 37.2%). Max pain ranged from $45.00 to $47.50. Net GEX was positive for 19 of 21 trading days. Term structure was in contango for 14 of 21 days. Put/call ratio averaged 0.71.

Notable Days

2021-04-12: Highest Volume — 49,098 contracts
2021-04-13: Largest IV drop — 9.0% change
2021-04-20: Highest IV Rank — 9.6%
2021-04-01: Largest Expected Move — 12.0%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$48.05	$45.27	$51.01	$49.43	$45.27
Max Pain	$46.93	$45.00	$47.50	$47.50	$47.00
ATM IV	36.6%	33.2%	41.1%	40.8%	35.6%
Expected Move	10.4%	9.4%	12.0%	12.0%	10.2%
HV 20d	37.2%	30.2%	52.5%	52.4%	33.4%
HV 60d	52.8%	51.8%	54.3%	54.0%	52.4%
IV Rank	4.1%	0.0%	9.6%	7.2%	6.5%
IV Percentile	2.9%	0.0%	12.3%	9.1%	4.4%
Term Structure	0.8%	-2.6%	6.4%	1.3%	-0.2%
VWIV	37.9%	34.0%	45.7%	45.7%	40.7%
Skew 25d	0.5%	-2.5%	3.1%	-1.1%	2.7%
Skew 10d	2.3%	-3.2%	14.2%	0.4%	14.2%
Call IV 25d	37.0%	30.7%	43.4%	43.4%	35.7%
Put IV 25d	37.5%	33.9%	43.4%	42.3%	38.4%
Bid-Ask Spread %	29.69	2.42	72.04	3.77	63.58
Gamma HHI	0.15	0.06	0.30	0.18	0.08
Net GEX	15.3M	-2.5M	33.2M	29.4M	-2.5M
Net DEX	-277.8M	-648.3M	-37.3M	-517.2M	-37.3M
Net VEX	-2.4M	-2.9M	-2.1M	-2.9M	-2.2M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.71	0.23	1.91	0.55	1.76
Total Volume	26,665.667	14,196	49,098	35,540	30,658
Total OI	420,923.19	300,996	521,914	510,647	340,136

Daily Data (21 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
2021-04-01	$49.43	$47.50	40.8%	12.0%	52.4%	7.2%	45.7%	-1.1%	1.3%	29.4M	-517.2M	-2.9M	0.55	3.77	22,879	12,661	359,925	150,722
2021-04-05	$51.01	$47.00	41.1%	11.7%	52.5%	7.8%	41.4%	2.5%	1.1%	32.2M	-648.3M	-2.8M	0.54	14.09	11,008	5,938	348,029	144,913
2021-04-06	$50.92	$47.00	40.7%	11.4%	51.0%	6.9%	40.5%	0.4%	0.1%	32.6M	-619.3M	-2.8M	0.64	6.88	10,637	6,788	347,952	149,111
2021-04-07	$50.58	$47.00	40.8%	11.2%	43.8%	7.1%	39.6%	-1.1%	-0.5%	33.0M	-570.7M	-2.7M	0.26	11.10	15,999	4,130	347,102	151,797
2021-04-08	$50.35	$47.00	38.5%	11.0%	42.9%	2.1%	40.1%	0.2%	0.2%	33.2M	-517.1M	-2.7M	0.39	4.33	15,885	6,168	338,299	153,104
2021-04-09	$49.49	$47.00	39.3%	10.7%	36.5%	3.8%	39.0%	-0.5%	-0.2%	27.9M	-405.5M	-2.6M	0.23	4.35	22,849	5,350	341,387	154,420
2021-04-12	$49.64	$47.00	38.9%	10.8%	36.2%	3.9%	38.6%	-2.5%	-1.0%	29.9M	-415.5M	-2.5M	0.42	4.07	34,582	14,516	333,881	149,505
2021-04-13	$48.86	$47.00	35.4%	10.4%	36.0%	0.0%	36.9%	-0.0%	1.0%	27.5M	-302.6M	-2.3M	0.79	2.42	19,208	15,192	342,404	155,381
2021-04-14	$48.05	$47.00	35.3%	10.1%	36.5%	0.0%	36.0%	-0.4%	0.5%	17.5M	-203.9M	-2.3M	0.75	2.69	15,795	11,899	343,214	159,691
2021-04-15	$48.80	$47.00	34.8%	10.0%	36.9%	0.0%	35.3%	-0.1%	-0.0%	25.6M	-276.2M	-2.2M	0.24	11.51	35,261	8,399	343,589	162,301
2021-04-16	$47.86	$47.00	33.2%	9.8%	32.7%	0.0%	34.5%	3.1%	1.0%	8.7M	-173.6M	-2.2M	0.66	12.40	22,578	15,000	354,859	167,055
2021-04-19	$46.72	$47.00	35.5%	10.2%	32.6%	6.2%	35.8%	1.7%	4.5%	3.7M	-142.6M	-2.1M	0.52	5.01	23,296	12,103	226,442	125,053
2021-04-20	$46.24	$47.00	36.8%	10.6%	32.1%	9.6%	37.6%	2.2%	6.4%	4.1M	-122.0M	-2.2M	0.70	5.22	12,507	8,750	237,190	132,203
2021-04-21	$47.11	$45.00	34.2%	9.8%	30.2%	2.6%	36.5%	-0.5%	2.9%	4.9M	-193.5M	-2.1M	0.62	72.04	14,270	8,875	176,392	124,604
2021-04-22	$45.39	$47.00	35.9%	10.3%	32.8%	7.1%	36.6%	1.7%	0.9%	98.7K	-54.5M	-2.1M	1.09	71.04	14,225	15,571	188,207	140,076
2021-04-23	$46.15	$47.00	34.9%	9.9%	32.8%	4.6%	36.7%	-0.1%	1.1%	-41.0K	-91.2M	-2.2M	0.90	67.18	10,208	9,212	194,471	151,306
2021-04-26	$47.16	$47.00	35.2%	9.8%	31.8%	5.3%	35.0%	-0.7%	-2.6%	3.3M	-154.0M	-2.2M	0.72	65.69	9,825	7,112	179,775	134,827
2021-04-27	$45.88	$47.00	34.7%	9.6%	33.3%	4.0%	35.2%	0.2%	-1.7%	351.7K	-84.1M	-2.1M	0.55	65.66	12,561	6,874	182,613	139,406
2021-04-28	$46.91	$47.00	33.8%	9.4%	33.5%	1.5%	34.0%	1.4%	1.2%	4.2M	-143.2M	-2.1M	0.61	67.07	10,564	6,450	189,650	143,263
2021-04-29	$47.25	$47.00	33.3%	9.6%	30.3%	0.3%	41.1%	1.8%	1.1%	5.3M	-161.5M	-2.2M	1.91	63.41	4,883	9,313	189,249	145,883
2021-04-30	$45.27	$47.00	35.6%	10.2%	33.4%	6.5%	40.7%	2.7%	-0.2%	-2.5M	-37.3M	-2.2M	1.76	63.58	11,093	19,565	190,086	150,050