MRVL Options History — March 2022

In March 2022, MRVL traded between $59.97 and $76.22. ATM implied volatility averaged 56.2%, placing in the 55.7% IV rank vs the trailing year. The 30-day expected move averaged 17.1%. IV traded below realized volatility by 10.2% (HV 20d: 66.4%). Max pain ranged from $65.00 to $70.00. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 6 of 23 days. Put/call ratio averaged 0.85.

Notable Days

2022-03-04: Highest Volume — 184,686 contracts
2022-03-04: Largest IV drop — 21.5% change
2022-03-01: Highest IV Rank — 100.0%
2022-03-03: Largest Expected Move — 28.0%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$68.27	$59.97	$76.22	$64.62	$72.61
Max Pain	$66.91	$65.00	$70.00	$70.00	$65.00
ATM IV	56.2%	41.5%	79.3%	77.6%	44.5%
Expected Move	17.1%	12.5%	28.0%	27.7%	13.1%
HV 20d	66.4%	59.5%	73.0%	70.9%	59.5%
HV 60d	60.7%	56.3%	64.5%	64.5%	63.6%
IV Rank	55.7%	27.1%	100.0%	100.0%	33.1%
IV Percentile	85.3%	64.7%	100.0%	100.0%	73.4%
Term Structure	-0.9%	-5.5%	5.8%	-3.2%	0.1%
VWIV	59.3%	44.7%	96.0%	95.0%	44.8%
Skew 25d	8.6%	5.2%	14.0%	9.1%	5.2%
Skew 10d	16.4%	11.4%	21.6%	15.6%	19.8%
Call IV 25d	52.4%	40.4%	75.0%	75.0%	42.9%
Put IV 25d	61.0%	46.0%	84.1%	84.1%	48.0%
Bid-Ask Spread %	10.31	5.03	19.02	10.81	9.04
Gamma HHI	0.07	0.06	0.12	0.08	0.06
Net GEX	12.4M	1.8M	23.9M	11.4M	13.1M
Net DEX	-243.9M	-598.6M	147.5M	-159.2M	-365.9M
Net VEX	-3.1M	-3.4M	-2.5M	-3.1M	-3.4M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.85	0.36	2.20	0.63	0.75
Total Volume	51,655.174	22,733	184,686	43,560	30,042
Total OI	385,340.565	266,635	520,319	396,661	334,251

Daily Data (23 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
2022-03-01	$64.62	$70.00	77.6%	27.7%	70.9%	100.0%	95.0%	9.1%	-3.2%	11.4M	-159.2M	-3.1M	0.63	10.81	26,691	16,869	277,324	119,337
2022-03-02	$67.58	$70.00	75.1%	26.2%	72.5%	94.9%	90.0%	13.6%	-5.5%	15.4M	-302.0M	-3.3M	0.54	19.02	49,067	26,354	286,878	127,798
2022-03-03	$64.95	$70.00	79.3%	28.0%	73.0%	100.0%	96.0%	14.0%	-5.4%	12.5M	-160.6M	-3.2M	0.60	16.05	74,036	44,367	309,073	142,631
2022-03-04	$62.53	$70.00	62.2%	19.6%	71.1%	67.1%	65.0%	7.3%	-1.6%	2.2M	137.0M	-2.8M	0.41	5.50	130,998	53,688	353,137	167,182
2022-03-07	$61.46	$70.00	61.0%	20.3%	69.8%	64.8%	69.5%	10.7%	5.8%	6.2M	69.2M	-2.8M	0.58	5.03	28,072	16,151	292,097	127,199
2022-03-08	$64.85	$70.00	64.7%	20.4%	73.0%	71.9%	68.3%	10.8%	-1.2%	12.7M	-112.1M	-3.1M	0.46	10.73	43,079	19,623	296,956	129,633
2022-03-09	$66.75	$70.00	59.1%	17.9%	69.8%	61.0%	64.0%	8.9%	-2.8%	16.4M	-192.0M	-3.2M	1.33	6.52	15,804	21,075	297,387	133,153
2022-03-10	$65.03	$69.50	59.1%	18.3%	69.3%	61.0%	61.2%	8.0%	-1.7%	11.1M	-73.9M	-3.0M	0.79	7.15	20,024	15,815	299,345	136,336
2022-03-11	$63.37	$69.50	59.0%	17.6%	67.5%	60.9%	59.5%	7.2%	-0.7%	5.0M	48.0M	-2.9M	0.85	6.59	19,405	16,489	305,729	141,172
2022-03-14	$59.97	$65.00	64.6%	17.4%	64.3%	71.6%	57.9%	10.6%	-3.1%	1.8M	147.5M	-2.5M	1.17	12.12	21,191	24,751	286,076	125,740
2022-03-15	$65.53	$65.00	60.8%	16.5%	72.6%	64.3%	58.2%	9.7%	-1.2%	10.9M	-112.3M	-3.0M	0.98	12.97	25,351	24,886	289,362	132,633
2022-03-16	$68.19	$65.00	55.0%	15.5%	65.4%	53.2%	54.9%	9.2%	-0.7%	17.1M	-253.2M	-3.1M	1.32	14.62	21,451	28,397	293,371	143,332
2022-03-17	$69.36	$65.00	52.2%	14.9%	65.2%	47.9%	52.4%	9.4%	-0.4%	23.9M	-343.1M	-3.1M	2.20	11.04	10,572	23,254	297,199	150,024
2022-03-18	$71.42	$65.00	48.6%	13.8%	62.3%	40.8%	50.4%	7.8%	0.9%	9.7M	-520.3M	-3.1M	0.78	10.49	28,603	22,370	298,944	159,010
2022-03-21	$70.13	$65.00	49.8%	13.9%	62.7%	43.2%	49.4%	10.4%	-0.0%	8.9M	-302.8M	-3.0M	0.36	10.51	26,149	9,288	167,607	99,028
2022-03-22	$71.56	$65.00	46.2%	13.1%	63.0%	36.1%	46.1%	5.7%	-0.5%	12.7M	-373.0M	-3.1M	0.78	9.09	14,691	11,513	181,886	102,680
2022-03-23	$69.52	$65.00	46.8%	13.5%	62.5%	37.3%	46.6%	9.0%	0.3%	9.7M	-270.9M	-3.0M	0.98	8.97	13,359	13,042	185,527	107,709
2022-03-24	$73.22	$65.00	47.5%	13.6%	63.5%	38.8%	47.1%	6.4%	-1.2%	16.0M	-473.9M	-3.2M	0.70	11.79	24,752	17,280	190,772	113,653
2022-03-25	$73.91	$65.00	46.7%	13.3%	63.5%	37.2%	47.1%	6.8%	-1.4%	16.2M	-516.6M	-3.4M	0.97	10.99	25,229	24,362	199,113	118,818
2022-03-28	$74.17	$65.00	45.4%	13.1%	63.2%	34.6%	48.0%	5.7%	0.6%	17.1M	-479.8M	-3.3M	1.20	7.49	12,957	15,528	193,866	107,676
2022-03-29	$76.22	$65.00	41.5%	12.5%	60.7%	27.1%	47.0%	5.6%	2.6%	20.6M	-598.6M	-3.4M	0.40	10.78	42,000	16,711	197,734	116,446
2022-03-30	$73.17	$65.00	44.9%	12.9%	61.5%	33.7%	44.7%	6.1%	-1.1%	15.2M	-400.9M	-3.4M	0.82	9.89	12,502	10,231	205,025	122,984
2022-03-31	$72.61	$65.00	44.5%	13.1%	59.5%	33.1%	44.8%	5.2%	0.1%	13.1M	-365.9M	-3.4M	0.75	9.04	17,129	12,913	207,505	126,746