MRVL Options History — May 2021

In May 2021, MRVL traded between $41.56 and $48.57. ATM implied volatility averaged 41.6%, placing in the 22.5% IV rank vs the trailing year. The 30-day expected move averaged 12.0%. IV traded above realized volatility by 2.1% (HV 20d: 39.5%). Max pain ranged from $45.00 to $47.00. Net GEX was positive for 8 of 20 trading days. Term structure was in contango for 11 of 20 days. Put/call ratio averaged 0.71.

Notable Days

  • 2021-05-19: Highest Volume — 44,412 contracts
  • 2021-05-10: Largest IV spike — 16.0% change
  • 2021-05-12: Highest IV Rank — 46.6%
  • 2021-05-12: Largest Expected Move — 14.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$45.17$41.56$48.57$44.32$48.41
Max Pain$45.80$45.00$47.00$47.00$46.00
ATM IV41.6%34.4%50.5%34.4%39.0%
Expected Move12.0%9.7%14.1%9.7%11.3%
HV 20d39.5%31.0%45.7%31.1%40.9%
HV 60d51.9%43.3%53.5%52.4%43.3%
IV Rank22.5%3.2%46.6%3.2%15.6%
IV Percentile31.4%1.6%85.3%1.6%9.5%
Term Structure1.0%-3.1%7.2%5.5%-0.4%
VWIV42.5%35.2%50.3%35.2%40.8%
Skew 25d2.9%0.3%5.8%5.8%1.0%
Skew 10d10.3%-6.8%30.5%-6.8%5.3%
Call IV 25d41.0%30.5%49.8%30.5%39.6%
Put IV 25d43.9%36.3%54.0%36.3%40.6%
Bid-Ask Spread %63.1455.9169.6569.6557.26
Gamma HHI0.090.070.130.080.13
Net GEX1.4M-4.4M11.9M-4.4M11.9M
Net DEX-66.9M-294.9M175.9M11.9M-291.9M
Net VEX-2.1M-2.3M-2.0M-2.1M-2.2M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.710.251.910.450.60
Total Volume22,585.98,25544,41214,46113,039
Total OI349,793.15303,257402,851323,686325,775

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2021-05-03$44.32$47.0034.4%9.7%31.1%3.2%35.2%5.8%5.5%-4.4M11.9M-2.1M0.4569.659,9584,503173,582150,104
2021-05-04$44.03$47.0036.2%10.9%31.0%8.0%40.5%1.5%7.2%-3.7M23.5M-2.1M0.9068.0013,66412,341176,033151,157
2021-05-05$44.97$47.0036.0%10.5%32.6%7.6%37.9%1.9%5.4%-2.5M-37.9M-2.1M0.7169.5814,0889,934180,929155,781
2021-05-06$45.30$45.0038.1%11.9%33.0%13.2%42.1%3.0%5.3%-2.3M-52.0M-2.2M0.5866.578,6565,041185,326158,741
2021-05-07$45.95$45.0036.9%11.2%33.3%9.9%40.2%1.2%6.1%-679.6K-104.1M-2.2M0.7164.138,9446,337188,984159,216
2021-05-10$44.48$45.0042.8%12.2%34.7%25.9%42.6%0.3%-1.4%-2.3M-11.5M-2.1M1.1864.2710,77212,756180,651151,355
2021-05-11$44.25$46.0044.1%12.9%34.5%29.2%44.7%0.8%0.9%-2.4M22.9M-2.1M1.9163.0910,66820,389185,567159,627
2021-05-12$41.56$47.0050.5%14.1%40.0%46.6%50.3%4.2%0.2%-4.0M170.2M-2.0M1.1664.1612,19014,158189,313164,422
2021-05-13$41.67$46.0047.4%13.4%39.3%38.3%46.7%2.8%-1.0%-3.9M175.9M-2.0M0.5362.7926,01813,794194,417169,233
2021-05-14$43.43$46.0043.1%12.5%42.7%26.7%42.1%2.0%0.1%-2.6M62.5M-2.1M0.2563.4019,5004,902211,519172,323
2021-05-17$42.73$46.0046.4%13.2%42.3%35.4%46.0%5.0%-3.1%-2.1M94.4M-2.1M0.9562.7810,98210,416208,932164,798
2021-05-18$42.82$45.0043.9%12.5%42.3%28.7%43.4%5.2%-2.3%-1.7M90.9M-2.1M0.5863.7713,9458,050214,325167,963
2021-05-19$44.20$45.0046.2%13.3%43.5%35.0%46.9%4.3%-1.8%268.2K-23.3M-2.2M0.8765.8623,68920,723217,737172,435
2021-05-20$46.30$45.0043.7%12.5%44.9%28.2%43.4%3.8%-1.0%4.7M-198.2M-2.3M0.3265.0523,5997,456223,712176,178
2021-05-21$46.16$45.0043.9%12.6%44.6%28.8%44.6%3.9%0.4%5.2M-191.8M-2.3M0.3667.4114,7865,315226,385176,466
2021-05-24$47.83$45.0040.2%11.5%45.7%18.9%41.0%3.2%-0.3%8.3M-246.8M-2.2M0.5956.2617,91610,602186,303116,954
2021-05-25$48.00$46.0040.0%11.4%44.5%18.3%41.0%2.7%0.1%9.3M-258.2M-2.3M0.5456.528,8694,804193,756122,506
2021-05-26$48.57$46.0039.4%11.2%44.0%16.7%40.2%3.2%-0.5%10.5M-294.9M-2.2M0.5556.395,3422,913196,433124,482
2021-05-27$48.35$46.0039.3%11.2%44.0%16.4%39.5%2.0%0.0%10.8M-280.1M-2.2M0.4955.917,1683,491196,783125,660
2021-05-28$48.41$46.0039.0%11.3%40.9%15.6%40.8%1.0%-0.4%11.9M-291.9M-2.2M0.6057.268,1564,883199,397126,378