MRVL Options History — February 2023

In February 2023, MRVL traded between $42.53 and $48.06. ATM implied volatility averaged 58.9%, placing in the 43.5% IV rank vs the trailing year. The 30-day expected move averaged 16.9%. IV traded above realized volatility by 2.0% (HV 20d: 56.9%). Max pain ranged from $37.50 to $40.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 0 of 19 days. Put/call ratio averaged 0.68.

Notable Days

  • 2023-02-24: Highest Volume — 50,292 contracts
  • 2023-02-21: Largest IV spike — 6.1% change
  • 2023-02-21: Highest IV Rank — 52.0%
  • 2023-02-21: Largest Expected Move — 18.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$45.31$42.53$48.06$46.34$45.28
Max Pain$39.47$37.50$40.00$40.00$40.00
ATM IV58.9%55.2%62.3%55.2%58.0%
Expected Move16.9%14.0%18.5%14.0%18.2%
HV 20d56.9%53.7%59.6%53.9%56.1%
HV 60d54.0%50.8%60.7%59.9%50.9%
IV Rank43.5%34.4%52.0%34.4%41.2%
IV Percentile58.8%38.9%73.4%38.9%56.0%
Term Structure-1.6%-2.4%-0.4%-1.1%-1.7%
VWIV59.5%50.0%64.3%50.0%64.1%
Skew 25d4.9%3.7%6.1%5.1%5.9%
Skew 10d9.8%8.2%12.2%9.7%10.6%
Call IV 25d56.7%52.6%60.2%52.6%54.7%
Put IV 25d61.7%57.8%65.1%57.8%60.7%
Bid-Ask Spread %2.261.883.422.382.04
Gamma HHI0.080.070.100.090.10
Net GEX6.9M3.6M9.5M9.5M7.2M
Net DEX-275.8M-503.2M-75.5M-416.1M-208.7M
Net VEX-2.3M-2.5M-2.1M-2.4M-2.3M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.680.261.320.861.09
Total Volume26,092.73711,83850,29233,62630,736
Total OI383,997.105325,058418,230387,616352,355

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2023-02-01$46.34$40.0055.2%14.0%53.9%34.4%50.0%5.1%-1.1%9.5M-416.1M-2.4M0.862.3818,06515,561210,752176,864
2023-02-02$48.06$37.5056.9%15.5%54.5%38.4%54.7%4.6%-2.4%9.4M-503.2M-2.5M0.562.5629,86416,726215,704185,079
2023-02-03$46.66$37.5056.8%15.6%53.7%38.3%55.4%3.7%-2.3%7.7M-410.0M-2.5M0.772.4816,41212,705218,960192,393
2023-02-06$45.03$37.5057.9%16.0%55.8%40.9%56.1%4.7%-1.1%6.5M-271.6M-2.4M1.302.627,2479,413205,578179,254
2023-02-07$46.78$37.5057.1%15.8%56.4%39.1%56.4%5.1%-1.7%7.5M-374.6M-2.4M0.693.4222,10515,302207,554183,055
2023-02-08$45.30$40.0058.4%16.4%58.4%42.2%57.5%4.1%-1.2%6.6M-288.0M-2.4M0.822.307,5066,161213,925191,350
2023-02-09$45.06$40.0060.2%16.9%58.1%46.6%59.4%4.5%-1.3%5.5M-263.2M-2.4M0.602.477,7414,639212,619193,872
2023-02-10$44.45$40.0060.8%17.1%58.2%48.2%61.5%4.7%-1.9%4.9M-226.2M-2.4M1.322.6016,32021,617213,894195,270
2023-02-13$45.69$40.0061.8%17.6%57.9%50.8%62.1%5.7%-2.2%6.1M-302.5M-2.4M0.511.959,9745,110206,137194,315
2023-02-14$47.39$40.0059.3%17.0%58.9%44.6%58.9%5.1%-1.4%9.0M-421.7M-2.4M0.351.9716,9285,891212,061195,037
2023-02-15$46.39$40.0057.3%16.4%59.5%39.6%59.1%4.8%-0.4%9.0M-366.1M-2.3M0.471.9214,7756,996217,956196,215
2023-02-16$45.89$40.0059.4%17.1%57.0%44.7%59.0%4.9%-1.8%7.5M-324.9M-2.3M0.262.1812,6693,332217,254198,260
2023-02-17$44.09$40.0058.7%16.9%59.6%43.0%59.9%3.9%-1.1%3.6M-206.4M-2.2M0.451.8823,83210,779219,223199,007
2023-02-21$42.55$40.0062.3%18.5%54.1%52.0%64.3%5.0%-2.0%3.7M-75.5M-2.1M0.661.907,1324,706172,516152,542
2023-02-22$42.53$40.0061.4%18.3%54.0%49.8%64.0%4.6%-2.0%4.3M-77.9M-2.1M0.462.1911,3485,175176,850155,044
2023-02-23$45.20$40.0059.7%18.0%58.2%45.5%62.5%5.8%-2.0%8.2M-206.7M-2.3M0.852.0319,10516,330182,399157,603
2023-02-24$43.70$40.0059.3%17.9%58.4%44.5%61.8%5.4%-1.8%7.8M-129.6M-2.2M0.262.0439,96810,324187,422161,224
2023-02-27$44.50$40.0058.5%18.1%58.7%42.6%63.2%6.1%-1.3%6.5M-167.9M-2.3M0.681.987,8775,391196,884149,518
2023-02-28$45.28$40.0058.0%18.2%56.1%41.2%64.1%5.9%-1.7%7.2M-208.7M-2.3M1.092.0414,69316,043200,887151,468