MRVL Options History — May 2023

In May 2023, MRVL traded between $39.25 and $65.16. ATM implied volatility averaged 50.4%, placing in the 18.2% IV rank vs the trailing year. The 30-day expected move averaged 14.5%. IV traded above realized volatility by 1.9% (HV 20d: 48.5%). Max pain ranged from $40.00 to $45.00. Net GEX was positive for 19 of 22 trading days. Term structure was in contango for 5 of 22 days. Put/call ratio averaged 0.84.

Notable Days

  • 2023-05-26: Highest Volume — 363,662 contracts
  • 2023-05-26: Largest IV drop — 8.7% change
  • 2023-05-25: Highest IV Rank — 30.7%
  • 2023-05-25: Largest Expected Move — 16.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$45.19$39.25$65.16$40.19$58.80
Max Pain$40.45$40.00$45.00$40.00$45.00
ATM IV50.4%47.0%54.0%49.1%47.3%
Expected Move14.5%12.7%16.8%12.7%14.3%
HV 20d48.5%34.1%110.1%39.0%110.1%
HV 60d51.0%45.9%75.1%48.3%75.1%
IV Rank18.2%10.9%30.7%13.1%12.1%
IV Percentile17.5%4.0%37.3%11.9%4.4%
Term Structure-1.0%-3.3%1.4%0.8%-1.1%
VWIV50.9%45.4%58.2%45.4%51.0%
Skew 25d5.1%-0.5%7.1%6.3%0.2%
Skew 10d9.9%-0.1%13.7%13.7%-0.1%
Call IV 25d48.3%45.5%51.7%46.6%48.1%
Put IV 25d53.5%48.3%58.1%52.8%48.3%
Bid-Ask Spread %2.031.403.232.172.57
Gamma HHI0.090.050.440.050.08
Net GEX5.2M-9.1M22.7M4.2M8.8M
Net DEX-245.6M-1.52B85.3M-3.1M-768.2M
Net VEX-2.7M-3.5M-2.5M-2.5M-3.5M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.840.332.980.380.43
Total Volume61,743.86415,286363,66225,207190,809
Total OI493,987.591428,730608,981450,019608,981

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2023-05-01$40.19$40.0049.1%12.7%39.0%13.1%45.4%6.3%0.8%4.2M-3.1M-2.5M0.382.1718,2826,925229,649220,370
2023-05-02$39.31$40.0052.9%13.3%38.8%23.1%47.5%6.8%-1.3%2.6M52.9M-2.5M2.982.778,73426,021234,320223,561
2023-05-03$39.59$40.0052.5%13.5%36.5%22.1%46.7%7.1%-1.6%2.3M55.5M-2.6M1.412.809,75013,736236,645239,949
2023-05-04$39.25$40.0054.0%14.9%36.5%26.1%50.8%7.1%-1.4%1.1M78.7M-2.6M1.131.608,7329,901241,986245,841
2023-05-05$41.03$40.0050.6%14.6%39.5%17.2%50.4%6.2%-1.0%22.7M-81.0M-2.7M1.412.4515,73722,230246,285251,500
2023-05-08$41.03$40.0050.1%14.6%38.8%15.8%49.6%5.9%1.4%1.8M-16.3M-2.7M0.331.5912,6504,225229,917241,739
2023-05-09$39.88$40.0050.1%14.3%40.1%15.9%50.5%6.0%0.1%-727.3K64.1M-2.6M0.611.4710,9636,690234,674243,521
2023-05-10$40.64$40.0049.0%14.4%40.5%12.7%48.5%6.2%1.3%1.6M11.7M-2.6M1.011.5012,87113,013236,408245,071
2023-05-11$39.72$40.0049.9%14.3%40.4%15.1%49.6%5.8%0.1%-2.7M85.3M-2.5M0.731.408,8316,455240,664249,229
2023-05-12$40.08$40.0050.8%14.5%40.5%17.6%50.4%5.6%-0.2%-9.1M52.4M-2.5M1.331.8010,03713,322243,802251,882
2023-05-15$41.81$40.0049.6%14.2%43.2%14.4%49.2%6.1%-1.1%3.1M-64.5M-2.6M0.711.4824,17017,079234,835249,624
2023-05-16$41.70$40.0051.1%14.6%40.7%21.9%50.7%5.2%-1.9%3.3M-62.6M-2.6M0.441.5216,8127,404241,848253,171
2023-05-17$43.75$40.0051.3%14.7%43.4%22.6%50.9%5.1%-3.3%8.5M-219.8M-2.7M0.531.6017,0879,113245,484256,883
2023-05-18$44.91$40.0050.5%14.6%39.8%20.0%51.1%5.1%-2.4%9.9M-310.1M-2.7M0.521.6425,84313,378248,427261,485
2023-05-19$45.39$40.0050.0%14.5%39.2%18.5%50.2%5.0%-1.6%11.1M-365.6M-2.7M0.481.6522,52210,897255,327264,749
2023-05-22$46.41$40.0049.4%14.7%39.3%16.6%52.6%5.7%-1.8%5.6M-282.4M-2.7M0.811.9418,01914,531209,316219,414
2023-05-23$46.70$40.0048.9%14.9%34.1%14.8%50.8%6.3%-1.3%6.0M-295.7M-2.8M0.452.2025,61611,651217,554226,632
2023-05-24$45.80$40.0051.0%15.6%35.7%21.5%57.4%6.1%-1.6%5.3M-231.8M-2.8M0.982.1815,48315,184231,760233,113
2023-05-25$49.33$40.0053.9%16.8%42.3%30.7%58.2%5.1%-2.4%7.9M-446.0M-3.0M0.432.92110,32147,199241,020256,048
2023-05-26$65.16$42.0049.2%15.1%103.6%18.2%54.5%-0.5%-1.1%10.4M-1.52B-2.7M0.473.23247,788115,874289,385284,727
2023-05-30$63.66$43.0047.0%14.5%105.0%10.9%52.9%0.7%-1.5%11.5M-1.14B-3.1M0.902.2075,07067,410271,987278,944
2023-05-31$58.80$45.0047.3%14.3%110.1%12.1%51.0%0.2%-1.1%8.8M-768.2M-3.5M0.432.57133,02457,785298,696310,285