MRVL Options History — November 2021

In November 2021, MRVL traded between $68.58 and $75.03. ATM implied volatility averaged 42.1%, placing in the 34.2% IV rank vs the trailing year. The 30-day expected move averaged 12.1%. IV traded above realized volatility by 18.3% (HV 20d: 23.8%). Max pain ranged from $60.00 to $70.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 4 of 21 days. Put/call ratio averaged 0.92.

Notable Days

2021-11-12: Highest Volume — 42,410 contracts
2021-11-30: Largest IV spike — 26.6% change
2021-11-30: Highest IV Rank — 70.4%
2021-11-30: Largest Expected Move — 16.8%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$72.56	$68.58	$75.03	$68.58	$71.80
Max Pain	$66.86	$60.00	$70.00	$60.00	$70.00
ATM IV	42.1%	35.0%	57.7%	35.1%	57.7%
Expected Move	12.1%	8.9%	16.8%	9.0%	16.8%
HV 20d	23.8%	16.9%	32.7%	29.5%	32.7%
HV 60d	28.5%	27.4%	30.7%	27.4%	30.7%
IV Rank	34.2%	17.7%	70.4%	18.0%	70.4%
IV Percentile	63.1%	32.9%	95.6%	32.9%	95.6%
Term Structure	-1.4%	-6.3%	3.4%	-0.1%	-2.5%
VWIV	43.3%	31.5%	59.2%	31.5%	59.2%
Skew 25d	2.1%	-1.6%	8.4%	-1.6%	1.9%
Skew 10d	8.8%	-1.2%	21.2%	9.3%	-1.2%
Call IV 25d	42.0%	34.4%	50.7%	40.9%	50.7%
Put IV 25d	44.1%	33.4%	52.6%	39.3%	52.6%
Bid-Ask Spread %	20.09	3.83	33.80	3.83	15.80
Gamma HHI	0.18	0.10	0.75	0.14	0.12
Net GEX	20.4M	10.2M	82.6M	14.9M	10.2M
Net DEX	-735.0M	-951.2M	-546.1M	-617.5M	-546.1M
Net VEX	-1.9M	-2.0M	-1.8M	-1.8M	-2.0M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.92	0.35	2.01	0.62	0.51
Total Volume	28,942.667	15,129	42,410	19,248	28,318
Total OI	301,789.857	252,010	350,800	282,781	271,875

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
2021-11-01	$68.58	$60.00	35.1%	9.0%	29.5%	18.0%	31.5%	-1.6%	-0.1%	14.9M	-617.5M	-1.8M	0.62	3.83	11,854	7,394	157,666	125,115
2021-11-02	$69.79	$60.00	35.0%	9.1%	28.5%	17.7%	32.2%	3.8%	1.0%	16.1M	-678.7M	-1.8M	0.49	4.15	19,799	9,785	160,992	126,678
2021-11-03	$69.36	$60.00	36.5%	8.9%	19.3%	21.3%	31.9%	-0.9%	-1.9%	15.9M	-661.3M	-1.8M	0.79	3.99	8,429	6,700	163,662	128,676
2021-11-04	$70.86	$67.50	38.9%	11.4%	18.6%	26.7%	39.6%	6.4%	-1.8%	16.5M	-735.6M	-1.8M	0.35	13.86	26,980	9,507	165,141	130,783
2021-11-05	$71.90	$67.50	40.1%	11.4%	18.6%	29.6%	40.3%	8.4%	0.4%	19.5M	-822.5M	-1.8M	0.88	14.77	13,752	12,147	174,891	132,600
2021-11-08	$73.02	$67.50	42.5%	11.9%	17.2%	35.2%	42.0%	3.2%	-0.7%	15.7M	-806.0M	-1.8M	0.74	21.47	22,121	16,410	167,463	130,926
2021-11-09	$73.11	$67.50	44.6%	12.0%	16.9%	40.0%	46.0%	1.4%	-6.3%	16.8M	-815.9M	-1.9M	1.61	33.32	14,932	24,060	172,737	136,545
2021-11-10	$70.71	$67.50	38.8%	11.9%	22.0%	26.6%	43.1%	-1.3%	3.4%	16.3M	-680.6M	-1.9M	1.67	30.07	10,227	17,076	178,381	145,332
2021-11-11	$73.37	$67.50	40.8%	11.6%	23.9%	31.1%	43.4%	1.4%	-2.9%	19.8M	-834.1M	-1.9M	2.01	22.09	9,347	18,814	179,328	148,846
2021-11-12	$73.56	$67.50	39.9%	11.5%	23.8%	29.2%	41.0%	0.6%	1.9%	20.9M	-845.7M	-1.8M	0.74	19.55	24,425	17,985	179,756	148,540
2021-11-15	$72.88	$67.50	41.3%	11.7%	23.8%	32.4%	41.6%	3.6%	-4.0%	18.4M	-778.2M	-1.8M	0.95	27.39	13,281	12,630	177,050	150,346
2021-11-16	$73.98	$67.50	40.7%	11.6%	24.0%	31.0%	40.9%	2.7%	-1.5%	21.5M	-854.5M	-1.8M	0.83	29.80	12,015	9,942	183,098	148,501
2021-11-17	$73.59	$67.50	43.3%	12.4%	23.9%	37.1%	43.2%	1.7%	-1.5%	21.9M	-830.5M	-1.8M	0.48	33.80	24,845	11,811	185,348	149,567
2021-11-18	$75.03	$67.50	42.1%	12.2%	24.2%	34.3%	43.0%	2.3%	-1.7%	40.3M	-951.2M	-1.8M	0.63	20.20	15,541	9,804	194,701	153,276
2021-11-19	$74.72	$67.50	41.7%	12.2%	23.9%	33.3%	43.1%	2.2%	-1.5%	82.6M	-900.0M	-1.8M	0.57	32.23	22,415	12,862	196,173	154,627
2021-11-22	$73.48	$67.50	43.0%	12.7%	24.4%	36.3%	45.0%	3.2%	-2.3%	11.9M	-613.5M	-1.8M	0.94	17.93	15,176	14,239	148,393	103,617
2021-11-23	$72.84	$67.50	44.7%	13.5%	24.8%	40.2%	47.7%	0.9%	-1.8%	11.4M	-591.8M	-1.9M	1.22	10.93	15,854	19,382	154,473	105,967
2021-11-24	$73.77	$69.00	43.9%	13.5%	24.9%	38.4%	47.4%	-1.3%	-1.6%	14.1M	-640.9M	-1.9M	1.27	25.50	8,900	11,274	161,148	110,855
2021-11-26	$72.49	$70.00	47.3%	14.8%	26.1%	46.3%	53.5%	3.3%	-2.5%	12.0M	-564.7M	-2.0M	1.47	24.15	7,608	11,160	160,852	113,795
2021-11-29	$74.91	$70.00	45.6%	14.8%	28.1%	42.3%	53.0%	2.3%	-0.9%	12.1M	-665.8M	-1.8M	0.50	17.03	19,297	9,698	153,897	105,970
2021-11-30	$71.80	$70.00	57.7%	16.8%	32.7%	70.4%	59.2%	1.9%	-2.5%	10.2M	-546.1M	-2.0M	0.51	15.80	18,748	9,570	162,516	109,359