MRVL Options History — May 2022

In May 2022, MRVL traded between $51.48 and $62.78. ATM implied volatility averaged 70.7%, placing in the 81.1% IV rank vs the trailing year. The 30-day expected move averaged 20.0%. IV traded below realized volatility by 0.2% (HV 20d: 70.9%). Max pain ranged from $57.50 to $62.50. Net GEX was positive for 12 of 21 trading days. Term structure was in contango for 2 of 21 days. Put/call ratio averaged 0.87.

Notable Days

2022-05-26: Highest Volume — 104,162 contracts
2022-05-27: Largest IV drop — 15.2% change
2022-05-09: Highest IV Rank — 100.0%
2022-05-24: Largest Expected Move — 22.9%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$56.32	$51.48	$62.78	$59.28	$59.61
Max Pain	$59.83	$57.50	$62.50	$62.50	$58.00
ATM IV	70.7%	51.4%	81.6%	70.1%	52.5%
Expected Move	20.0%	14.8%	22.9%	18.7%	15.8%
HV 20d	70.9%	58.3%	79.1%	60.2%	77.6%
HV 60d	64.1%	59.9%	66.0%	63.3%	65.7%
IV Rank	81.1%	44.4%	100.0%	82.3%	46.4%
IV Percentile	92.2%	72.2%	100.0%	95.2%	72.6%
Term Structure	-1.8%	-5.3%	11.0%	-3.1%	-0.7%
VWIV	69.6%	53.1%	83.3%	65.1%	57.9%
Skew 25d	9.7%	4.6%	14.0%	9.4%	7.5%
Skew 10d	20.4%	6.3%	30.4%	18.8%	17.8%
Call IV 25d	66.5%	49.1%	76.4%	63.4%	49.8%
Put IV 25d	76.2%	53.7%	86.2%	72.9%	57.3%
Bid-Ask Spread %	7.99	3.24	15.30	5.70	4.91
Gamma HHI	0.08	0.05	0.25	0.05	0.11
Net GEX	659.8K	-11.3M	10.6M	1.8M	7.6M
Net DEX	104.9M	-315.8M	316.8M	53.4M	-103.2M
Net VEX	-2.8M	-3.3M	-2.4M	-3.1M	-3.0M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.87	0.35	1.49	0.88	0.99
Total Volume	42,144.333	23,527	104,162	23,527	42,854
Total OI	392,100.19	325,446	437,190	372,720	369,756

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
2022-05-02	$59.28	$62.50	70.1%	18.7%	60.2%	82.3%	65.1%	9.4%	-3.1%	1.8M	53.4M	-3.1M	0.88	5.70	12,532	10,995	214,969	157,751
2022-05-03	$59.86	$62.50	69.8%	18.3%	58.4%	81.7%	63.2%	9.0%	-2.6%	3.1M	16.8M	-3.2M	1.49	5.56	12,575	18,684	219,710	159,582
2022-05-04	$62.78	$62.50	64.7%	16.1%	58.3%	71.8%	57.5%	9.0%	-1.9%	6.3M	-137.5M	-3.3M	0.87	5.78	16,723	14,528	226,491	170,084
2022-05-05	$57.95	$60.00	71.9%	19.3%	64.1%	85.8%	67.0%	11.3%	-2.5%	-3.1M	137.5M	-3.0M	1.16	15.30	16,715	19,307	226,641	173,790
2022-05-06	$57.31	$60.00	72.5%	19.6%	64.0%	86.9%	67.9%	8.7%	-3.6%	-11.3M	165.7M	-3.0M	0.90	9.82	17,158	15,493	230,435	180,218
2022-05-09	$53.93	$60.00	79.8%	21.9%	65.9%	100.0%	76.4%	11.1%	-2.8%	-1.6M	231.3M	-2.7M	0.76	9.10	22,326	17,048	221,691	160,334
2022-05-10	$55.19	$60.00	79.8%	21.6%	65.3%	99.9%	77.4%	8.1%	-5.3%	-605.9K	184.4M	-2.8M	1.00	8.38	17,291	17,332	229,075	163,968
2022-05-11	$52.73	$60.00	80.9%	22.0%	66.9%	100.0%	75.9%	10.2%	-2.9%	-2.2M	276.3M	-2.6M	0.67	8.69	15,721	10,581	233,794	167,704
2022-05-12	$51.48	$60.00	81.6%	21.5%	63.1%	100.0%	72.1%	7.9%	-4.4%	-3.2M	316.8M	-2.4M	1.02	9.25	16,606	17,003	238,001	168,995
2022-05-13	$57.53	$60.00	71.7%	20.4%	75.6%	81.8%	70.3%	9.3%	-0.7%	2.6M	76.7M	-2.9M	1.02	8.10	23,463	23,938	240,703	172,344
2022-05-16	$55.37	$60.00	71.6%	20.3%	76.6%	81.6%	70.4%	9.7%	-2.2%	-174.9K	190.0M	-2.7M	0.91	6.22	12,455	11,311	231,597	162,576
2022-05-17	$57.92	$60.00	67.6%	19.3%	77.3%	74.2%	67.5%	8.6%	-2.9%	1.9M	87.5M	-2.8M	0.89	9.43	28,912	25,592	234,608	168,770
2022-05-18	$54.97	$57.50	73.9%	21.2%	79.1%	85.8%	72.3%	11.0%	-0.7%	-827.1K	184.3M	-2.8M	0.69	8.46	17,456	12,025	238,946	171,804
2022-05-19	$54.76	$57.50	72.5%	21.0%	76.7%	83.3%	71.2%	10.6%	-3.5%	53.2K	198.9M	-2.7M	0.52	8.29	22,203	11,513	244,400	173,764
2022-05-20	$53.32	$60.00	73.7%	21.6%	77.0%	85.5%	74.1%	10.9%	-5.1%	-2.9M	249.4M	-2.6M	0.74	5.97	18,495	13,643	250,780	174,925
2022-05-23	$54.38	$60.00	70.3%	21.2%	76.7%	79.2%	72.0%	8.6%	-1.6%	1.0M	110.2M	-2.6M	0.64	4.80	23,022	14,621	186,711	138,735
2022-05-24	$52.65	$60.00	75.7%	22.9%	76.8%	89.1%	83.3%	10.2%	-1.9%	575.9K	155.2M	-2.6M	1.24	6.82	11,098	13,720	200,361	147,568
2022-05-25	$53.78	$59.00	71.5%	22.5%	77.0%	81.3%	74.0%	12.8%	0.2%	1.0M	125.0M	-2.7M	0.64	8.78	42,617	27,123	203,601	157,078
2022-05-26	$56.88	$59.00	60.7%	20.3%	74.9%	61.4%	73.0%	14.0%	11.0%	3.1M	-118.3K	-2.9M	0.98	15.19	52,588	51,574	215,002	169,652
2022-05-27	$60.97	$58.00	51.4%	14.8%	77.3%	44.4%	53.1%	4.6%	-0.8%	10.6M	-315.8M	-3.0M	0.35	3.24	71,040	25,150	246,517	190,673
2022-05-31	$59.61	$58.00	52.5%	15.8%	77.6%	46.4%	57.9%	7.5%	-0.7%	7.6M	-103.2M	-3.0M	0.99	4.91	21,564	21,290	215,147	154,609