MRVL Options History — January 2023

In January 2023, MRVL traded between $34.88 and $44.41. ATM implied volatility averaged 52.3%, placing in the 29.3% IV rank vs the trailing year. The 30-day expected move averaged 15.1%. IV traded above realized volatility by 6.2% (HV 20d: 46.1%). Max pain ranged from $37.50 to $40.50. Net GEX was positive for 16 of 20 trading days. Term structure was in contango for 11 of 20 days. Put/call ratio averaged 0.77.

Notable Days

2023-01-06: Highest Volume — 78,382 contracts
2023-01-30: Largest IV spike — 11.2% change
2023-01-03: Highest IV Rank — 49.0%
2023-01-03: Largest Expected Move — 16.6%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$39.79	$34.88	$44.41	$35.84	$42.69
Max Pain	$38.52	$37.50	$40.50	$40.50	$40.00
ATM IV	52.3%	47.3%	57.1%	57.1%	54.6%
Expected Move	15.1%	13.9%	16.6%	16.6%	14.7%
HV 20d	46.1%	40.5%	51.3%	45.3%	48.7%
HV 60d	58.0%	56.9%	63.3%	63.3%	58.4%
IV Rank	29.3%	14.7%	49.0%	49.0%	32.8%
IV Percentile	22.8%	4.0%	48.8%	48.8%	32.9%
Term Structure	1.2%	-2.3%	6.9%	-0.2%	-1.7%
VWIV	53.0%	48.5%	58.6%	58.6%	52.4%
Skew 25d	5.6%	4.0%	6.6%	6.5%	5.6%
Skew 10d	9.7%	7.0%	11.6%	11.6%	10.8%
Call IV 25d	49.1%	44.1%	54.0%	54.0%	52.7%
Put IV 25d	54.6%	48.3%	60.5%	60.5%	58.2%
Bid-Ask Spread %	2.01	1.43	2.67	2.09	2.10
Gamma HHI	0.09	0.07	0.11	0.08	0.08
Net GEX	5.5M	-2.8M	10.3M	-234.5K	6.4M
Net DEX	-95.1M	-333.6M	215.4M	153.1M	-176.2M
Net VEX	-2.2M	-2.4M	-1.8M	-1.9M	-2.3M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.77	0.25	3.37	0.84	0.25
Total Volume	34,923.25	16,127	78,382	28,161	25,397
Total OI	442,710.7	354,084	522,366	429,752	376,368

Daily Data (20 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
2023-01-03	$35.84	$40.50	57.1%	16.6%	45.3%	49.0%	58.6%	6.5%	-0.2%	-234.5K	153.1M	-1.9M	0.84	2.09	15,330	12,831	249,977	179,775
2023-01-04	$36.17	$40.00	56.4%	16.1%	44.4%	47.3%	55.5%	6.6%	-0.3%	-200.0K	149.8M	-1.9M	0.83	1.84	15,494	12,787	257,732	187,934
2023-01-05	$34.88	$37.50	56.3%	16.2%	44.1%	43.6%	55.7%	6.2%	-0.6%	-2.8M	215.4M	-1.8M	3.37	1.62	8,655	29,142	259,828	196,932
2023-01-06	$36.22	$37.50	55.0%	16.3%	46.8%	37.0%	54.7%	5.4%	0.0%	-86.8K	108.7M	-1.9M	0.32	2.12	59,201	19,181	259,801	199,556
2023-01-09	$37.08	$37.50	55.1%	15.8%	45.9%	37.3%	55.8%	6.0%	0.2%	2.8M	22.9M	-2.1M	0.76	1.58	19,738	15,059	277,356	192,570
2023-01-10	$37.05	$37.50	55.3%	15.9%	45.9%	37.8%	56.4%	6.1%	0.2%	2.9M	31.3M	-2.1M	0.75	1.52	16,615	12,460	282,037	199,348
2023-01-11	$38.25	$37.50	54.3%	16.0%	47.3%	35.2%	55.2%	6.3%	1.4%	5.3M	-52.4M	-2.2M	0.52	1.64	17,470	9,016	290,702	206,894
2023-01-12	$39.20	$37.50	52.6%	15.2%	46.2%	31.3%	53.9%	5.7%	0.8%	8.5M	-128.3M	-2.2M	0.87	1.43	27,706	24,036	296,212	208,779
2023-01-13	$40.55	$37.50	49.5%	14.6%	47.5%	23.7%	51.0%	5.1%	2.1%	9.3M	-243.3M	-2.3M	0.54	2.18	19,433	10,429	304,286	218,080
2023-01-17	$40.97	$37.50	51.6%	14.8%	42.3%	25.3%	51.3%	5.8%	-2.3%	7.0M	-213.0M	-2.3M	0.47	1.85	25,276	11,763	289,198	192,040
2023-01-18	$40.59	$37.50	51.1%	14.6%	40.5%	24.0%	52.1%	5.9%	-2.3%	7.2M	-177.6M	-2.2M	0.62	2.13	16,647	10,303	292,241	196,034
2023-01-19	$38.91	$37.50	50.4%	14.5%	43.0%	22.4%	51.1%	5.7%	-1.2%	6.4M	-38.5M	-2.1M	0.75	1.82	14,410	10,839	294,888	196,798
2023-01-20	$39.17	$37.50	49.4%	14.3%	43.0%	19.9%	51.7%	5.5%	-1.4%	6.7M	-50.1M	-2.1M	1.03	2.34	16,939	17,466	296,711	202,327
2023-01-23	$42.50	$37.50	49.3%	14.5%	51.3%	19.6%	51.6%	5.7%	5.3%	8.0M	-236.2M	-2.3M	0.57	2.10	33,359	19,121	200,423	153,661
2023-01-24	$42.30	$40.00	48.7%	14.4%	48.2%	18.2%	51.9%	4.8%	6.0%	8.7M	-223.2M	-2.3M	0.34	2.50	33,070	11,126	208,615	164,173
2023-01-25	$42.64	$40.00	47.3%	14.2%	48.1%	14.7%	49.1%	4.9%	6.3%	8.9M	-238.0M	-2.4M	0.63	2.16	9,917	6,210	213,049	171,151
2023-01-26	$44.08	$40.00	48.0%	14.1%	47.9%	16.2%	49.7%	4.5%	6.4%	10.3M	-312.2M	-2.4M	0.27	2.13	36,006	9,616	210,479	173,822
2023-01-27	$44.41	$40.00	49.0%	13.9%	45.8%	18.9%	48.5%	4.0%	6.9%	9.0M	-333.6M	-2.4M	0.47	2.67	18,426	8,733	212,297	178,125
2023-01-30	$42.33	$40.00	54.5%	14.8%	48.8%	32.6%	53.3%	5.1%	-1.6%	6.3M	-161.3M	-2.3M	1.21	2.37	8,699	10,559	198,878	165,137
2023-01-31	$42.69	$40.00	54.6%	14.7%	48.7%	32.8%	52.4%	5.6%	-1.7%	6.4M	-176.2M	-2.3M	0.25	2.10	20,357	5,040	202,213	174,155