MRVL Options History — April 2023

In April 2023, MRVL traded between $37.09 and $42.08. ATM implied volatility averaged 48.1%, placing in the 11.0% IV rank vs the trailing year. The 30-day expected move averaged 13.4%. IV traded above realized volatility by 2.2% (HV 20d: 45.9%). Max pain ranged from $40.00 to $42.50. Net GEX was positive for 6 of 19 trading days. Term structure was in contango for 12 of 19 days. Put/call ratio averaged 0.83.

Notable Days

  • 2023-04-21: Highest Volume — 68,347 contracts
  • 2023-04-25: Largest IV spike — 9.4% change
  • 2023-04-26: Highest IV Rank — 25.4%
  • 2023-04-10: Largest Expected Move — 14.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$39.80$37.09$42.08$41.94$39.44
Max Pain$41.32$40.00$42.50$42.50$40.00
ATM IV48.1%44.2%53.7%47.7%48.1%
Expected Move13.4%12.2%14.3%13.5%12.2%
HV 20d45.9%37.3%56.3%55.0%38.1%
HV 60d52.7%48.8%54.3%54.1%48.8%
IV Rank11.0%0.0%25.4%15.5%10.5%
IV Percentile7.3%0.0%28.2%3.6%6.7%
Term Structure1.0%-1.4%5.7%0.1%-1.4%
VWIV47.1%44.3%50.0%47.6%44.3%
Skew 25d5.8%4.4%7.9%5.6%6.8%
Skew 10d11.3%8.5%19.2%10.6%19.2%
Call IV 25d45.6%42.4%51.0%45.5%44.3%
Put IV 25d51.5%47.2%58.5%51.1%51.1%
Bid-Ask Spread %2.341.882.952.952.47
Gamma HHI0.080.060.120.080.08
Net GEX-1.5M-9.0M2.9M672.8K-1.5M
Net DEX95.8M-43.2M199.1M5.8M57.5M
Net VEX-2.5M-2.7M-2.3M-2.7M-2.5M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.830.331.350.670.41
Total Volume32,933.78915,04868,34721,44629,300
Total OI465,702.579423,025523,709423,025474,975

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2023-04-03$41.94$42.5047.7%13.5%55.0%15.5%47.6%5.6%0.1%672.8K5.8M-2.7M0.672.9512,8638,583213,436209,589
2023-04-04$40.33$42.5049.0%13.8%56.3%18.9%48.0%5.7%0.4%-1.2M95.7M-2.6M1.152.117,0008,048220,778214,671
2023-04-05$39.94$42.5048.3%13.3%54.0%17.1%50.0%6.0%0.5%-3.0M125.8M-2.6M1.162.3317,39220,087222,339219,823
2023-04-06$39.42$42.5048.7%14.0%51.5%10.5%48.8%5.9%0.6%704.9K152.5M-2.5M0.632.5915,8889,957232,592231,404
2023-04-10$40.31$42.5049.6%14.3%47.5%13.0%49.0%5.9%0.2%-2.0M88.4M-2.5M0.392.1317,9537,064216,825222,301
2023-04-11$40.03$42.5048.5%14.0%47.4%10.0%50.0%5.5%0.2%-1.5M85.8M-2.5M0.432.2128,60412,420226,411223,477
2023-04-12$39.72$42.5048.1%13.7%47.5%9.0%47.3%5.9%-0.3%-3.2M112.5M-2.5M0.812.1412,68910,237226,407232,400
2023-04-13$40.69$42.5046.3%13.5%47.5%4.1%46.6%5.9%0.9%1.4M43.8M-2.5M0.581.8814,1568,213231,950237,149
2023-04-14$40.34$42.5045.6%13.1%41.1%2.0%47.1%5.3%-0.1%1.9M68.2M-2.5M0.332.8937,24512,172236,526241,994
2023-04-17$40.41$42.5045.4%13.0%41.0%1.6%45.7%4.4%3.7%-1.6M73.0M-2.5M1.172.4714,27516,638229,829227,865
2023-04-18$42.08$40.0044.2%12.7%43.4%0.0%44.6%4.8%4.8%2.9M-43.2M-2.6M0.532.4340,63121,417240,535242,842
2023-04-19$41.20$40.0045.6%13.1%42.7%3.7%45.3%5.0%3.2%175.8K25.4M-2.6M0.822.0811,7189,567250,023253,575
2023-04-20$39.31$40.0046.8%13.2%45.6%6.8%45.9%5.2%4.6%-5.8M151.8M-2.5M1.302.4318,87524,551255,746251,631
2023-04-21$38.83$40.0046.3%12.7%43.9%5.7%46.2%5.8%5.7%-9.0M197.7M-2.4M0.942.0035,21433,133258,807264,902
2023-04-24$38.75$40.0048.9%12.9%42.8%12.5%45.5%6.3%-0.4%-1.6M121.6M-2.5M1.142.127,8578,919222,474225,695
2023-04-25$37.09$40.0053.5%14.2%45.0%24.8%49.7%6.8%-0.7%-4.1M199.1M-2.3M1.142.6520,28223,178221,712229,556
2023-04-26$37.73$40.0053.7%14.1%44.8%25.4%47.9%7.9%-1.1%-2.5M156.2M-2.4M1.352.4510,48214,194231,222235,970
2023-04-27$38.64$40.0050.6%13.0%37.3%17.1%44.9%6.5%-1.2%-33.5K102.0M-2.4M0.892.0813,19911,741234,571236,347
2023-04-28$39.44$40.0048.1%12.2%38.1%10.5%44.3%6.8%-1.4%-1.5M57.5M-2.5M0.412.4720,7868,514234,552240,423