MRVL Options History — August 2023

In August 2023, MRVL traded between $53.78 and $66.03. ATM implied volatility averaged 51.8%, placing in the 45.0% IV rank vs the trailing year. The 30-day expected move averaged 14.5%. IV traded above realized volatility by 10.8% (HV 20d: 40.9%). Max pain ranged from $55.00 to $55.00. Net GEX was positive for 16 of 23 trading days. Term structure was in contango for 5 of 23 days. Put/call ratio averaged 0.90.

Notable Days

2023-08-25: Highest Volume — 197,560 contracts
2023-08-25: Largest IV drop — 27.8% change
2023-08-21: Highest IV Rank — 67.1%
2023-08-22: Largest Expected Move — 17.8%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$59.32	$53.78	$66.03	$66.03	$58.16
Max Pain	$55.00	$55.00	$55.00	$55.00	$55.00
ATM IV	51.8%	35.8%	59.0%	52.9%	35.8%
Expected Move	14.5%	9.8%	17.8%	12.1%	9.9%
HV 20d	40.9%	31.0%	52.9%	31.0%	50.0%
HV 60d	61.5%	40.0%	71.1%	69.6%	40.0%
IV Rank	45.0%	0.0%	67.1%	48.0%	0.0%
IV Percentile	49.6%	0.0%	78.2%	43.7%	0.0%
Term Structure	-1.7%	-3.1%	0.7%	-2.4%	0.5%
VWIV	50.9%	34.7%	61.7%	42.3%	34.7%
Skew 25d	3.1%	1.8%	3.9%	1.8%	2.4%
Skew 10d	5.8%	2.8%	7.9%	2.8%	4.7%
Call IV 25d	50.6%	34.8%	57.2%	52.3%	34.9%
Put IV 25d	53.7%	37.1%	60.8%	54.2%	37.2%
Bid-Ask Spread %	1.86	1.53	2.94	1.81	2.03
Gamma HHI	0.08	0.04	0.27	0.09	0.06
Net GEX	1.5M	-19.8M	14.0M	14.0M	6.5M
Net DEX	-271.7M	-705.5M	159.1M	-705.5M	-302.5M
Net VEX	-3.5M	-3.7M	-3.3M	-3.6M	-3.5M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.90	0.26	1.57	0.30	0.82
Total Volume	52,378.522	15,223	197,560	47,770	40,268
Total OI	548,197.304	445,329	626,044	527,591	598,475

Daily Data (23 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
2023-08-01	$66.03	$55.00	52.9%	12.1%	31.0%	48.0%	42.3%	1.8%	-2.4%	14.0M	-705.5M	-3.6M	0.30	1.81	36,880	10,890	247,514	280,077
2023-08-02	$62.03	$55.00	55.3%	12.8%	38.7%	55.5%	44.6%	2.6%	-2.6%	7.3M	-419.8M	-3.7M	0.72	1.90	33,841	24,409	255,908	283,301
2023-08-03	$62.23	$55.00	55.2%	14.7%	37.5%	55.1%	52.9%	2.9%	-3.1%	7.4M	-412.8M	-3.7M	0.76	1.69	15,114	11,518	264,361	291,031
2023-08-04	$62.36	$55.00	54.5%	14.7%	37.3%	53.1%	51.6%	2.5%	-2.9%	8.2M	-416.9M	-3.7M	1.48	2.25	15,624	23,149	265,820	292,154
2023-08-07	$63.31	$55.00	53.5%	14.8%	37.4%	49.7%	53.8%	3.0%	-1.1%	7.3M	-496.3M	-3.6M	1.10	1.65	7,244	7,979	250,658	279,816
2023-08-08	$62.09	$55.00	54.8%	15.1%	36.6%	54.0%	53.6%	3.5%	-1.5%	5.0M	-402.1M	-3.6M	1.07	1.70	14,204	15,236	251,718	281,939
2023-08-09	$60.22	$55.00	56.1%	15.4%	37.9%	57.9%	54.5%	3.3%	-2.3%	2.6M	-276.2M	-3.6M	1.14	1.68	9,647	10,960	255,581	287,261
2023-08-10	$58.86	$55.00	55.5%	15.4%	35.2%	56.1%	54.7%	3.6%	-2.1%	-946.0K	-185.8M	-3.5M	0.86	1.84	18,358	15,747	257,811	287,176
2023-08-11	$57.09	$55.00	55.0%	15.3%	35.4%	54.4%	54.7%	3.6%	-2.3%	-8.9M	-79.4M	-3.4M	1.30	1.69	18,722	24,287	263,692	292,557
2023-08-14	$59.61	$55.00	55.9%	15.8%	38.7%	57.2%	55.1%	3.5%	-1.7%	159.0K	-269.6M	-3.5M	0.40	1.86	23,453	9,375	251,956	286,542
2023-08-15	$59.09	$55.00	56.8%	16.2%	37.5%	60.2%	56.5%	3.9%	-1.6%	915.0K	-254.0M	-3.5M	0.86	1.58	12,339	10,588	262,757	290,609
2023-08-16	$57.56	$55.00	57.9%	16.6%	38.2%	63.7%	58.0%	3.1%	-2.7%	-1.5M	-155.2M	-3.4M	1.57	1.55	13,938	21,933	265,083	291,459
2023-08-17	$57.55	$55.00	58.3%	16.8%	36.8%	64.9%	61.7%	3.7%	-2.5%	-5.0M	-178.6M	-3.5M	0.82	1.76	18,976	15,609	269,076	295,327
2023-08-18	$57.73	$55.00	56.9%	16.5%	36.8%	60.3%	57.4%	3.1%	-2.3%	-11.8M	-221.8M	-3.5M	1.07	1.77	18,162	19,463	279,002	303,028
2023-08-21	$59.98	$55.00	59.0%	17.6%	39.8%	67.1%	61.3%	3.0%	-2.6%	4.1M	-301.8M	-3.5M	0.42	1.53	38,128	16,025	204,651	240,678
2023-08-22	$59.50	$55.00	58.9%	17.8%	39.3%	66.7%	61.3%	3.3%	-2.2%	4.9M	-291.1M	-3.6M	0.26	1.57	56,538	14,628	222,225	250,952
2023-08-23	$61.52	$55.00	56.0%	17.2%	41.4%	57.8%	60.1%	3.0%	-2.1%	9.1M	-419.3M	-3.7M	0.75	1.67	27,979	20,897	256,899	259,402
2023-08-24	$57.06	$55.00	53.4%	16.2%	48.9%	49.3%	55.9%	3.4%	-2.4%	1.9M	-133.8M	-3.5M	0.99	2.94	96,671	95,281	269,308	269,370
2023-08-25	$53.78	$55.00	38.5%	10.9%	51.4%	2.9%	38.2%	2.8%	0.1%	-19.8M	159.1M	-3.3M	1.07	1.94	95,233	102,327	305,881	320,163
2023-08-28	$55.03	$55.00	37.4%	10.6%	52.6%	0.0%	37.2%	3.1%	0.4%	-1.8M	-66.9M	-3.4M	0.97	2.11	26,284	25,436	270,687	290,201
2023-08-29	$56.28	$55.00	36.7%	10.3%	52.9%	0.0%	36.0%	2.9%	0.7%	1.2M	-165.1M	-3.5M	0.93	1.92	16,788	15,638	278,417	300,704
2023-08-30	$57.38	$55.00	35.9%	9.8%	49.6%	0.0%	34.8%	2.2%	0.6%	4.5M	-253.0M	-3.5M	1.05	2.38	18,990	19,950	281,266	306,045
2023-08-31	$58.16	$55.00	35.8%	9.9%	50.0%	0.0%	34.7%	2.4%	0.5%	6.5M	-302.5M	-3.5M	0.82	2.03	22,154	18,114	283,858	314,617