MRVL Options History — September 2023

In September 2023, MRVL traded between $51.70 and $58.05. ATM implied volatility averaged 36.4%, placing in the 7.1% IV rank vs the trailing year. The 30-day expected move averaged 10.5%. IV traded below realized volatility by 3.1% (HV 20d: 39.5%). Max pain ranged from $54.00 to $57.50. Net GEX was positive for 4 of 20 trading days. Term structure was in contango for 19 of 20 days. Put/call ratio averaged 1.12.

Notable Days

  • 2023-09-21: Highest Volume — 90,398 contracts
  • 2023-09-21: Largest IV spike — 6.4% change
  • 2023-09-26: Highest IV Rank — 18.8%
  • 2023-09-26: Largest Expected Move — 11.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$54.74$51.70$58.05$57.78$54.14
Max Pain$55.08$54.00$57.50$55.00$54.00
ATM IV36.4%33.4%40.2%34.4%37.7%
Expected Move10.5%9.2%11.6%9.2%10.7%
HV 20d39.5%21.6%49.9%49.9%22.6%
HV 60d39.2%37.8%40.3%40.1%38.0%
IV Rank7.1%0.0%18.8%0.0%11.8%
IV Percentile4.2%0.0%16.3%0.0%7.5%
Term Structure0.4%-0.2%1.1%0.6%0.6%
VWIV36.8%32.3%41.1%32.3%38.3%
Skew 25d3.2%2.4%4.3%2.4%3.6%
Skew 10d6.5%4.4%9.3%4.4%7.5%
Call IV 25d34.9%32.1%38.5%33.4%35.8%
Put IV 25d38.1%34.7%42.8%35.7%39.4%
Bid-Ask Spread %1.951.502.462.031.94
Gamma HHI0.080.050.120.100.09
Net GEX-3.2M-8.9M6.5M6.5M2.8M
Net DEX-37.4M-268.8M123.8M-268.8M-67.6M
Net VEX-3.3M-3.5M-3.1M-3.5M-3.4M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.120.612.551.251.11
Total Volume29,902.9513,85790,39827,98315,668
Total OI534,230.45432,393609,797609,797527,082

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2023-09-01$57.78$55.0034.4%9.2%49.9%0.0%32.3%2.4%0.6%6.5M-268.8M-3.5M1.252.0312,44715,536288,363321,434
2023-09-05$58.05$55.0035.7%10.5%49.5%3.6%36.6%2.6%0.6%2.5M-250.7M-3.4M0.812.2015,25012,385264,123306,259
2023-09-06$56.75$55.0036.3%10.7%49.7%5.4%39.0%2.4%0.3%-2.2M-143.2M-3.5M1.021.6610,10110,324270,289311,280
2023-09-07$56.84$55.0036.9%10.7%48.7%7.1%41.1%2.9%0.2%-2.6M-150.8M-3.5M1.661.908,86814,740272,135313,326
2023-09-08$55.67$55.0035.7%10.5%48.6%3.6%36.7%3.1%0.3%-6.5M-48.0M-3.4M0.911.8311,82110,754273,574320,632
2023-09-11$56.41$55.0035.2%10.0%47.8%2.0%35.4%2.6%-0.2%-3.0M-121.4M-3.3M0.751.7711,5218,686262,687314,086
2023-09-12$55.84$55.0035.0%10.2%45.0%1.6%35.6%2.6%0.6%-4.2M-81.4M-3.3M0.981.506,9946,863266,652315,496
2023-09-13$55.66$55.0034.2%10.1%44.9%0.0%36.0%2.6%1.1%-5.6M-72.0M-3.2M2.551.889,29723,669269,299317,870
2023-09-14$56.00$55.0033.4%9.8%44.2%0.0%35.5%2.6%1.0%-3.9M-108.0M-3.2M1.591.818,28513,214273,452322,333
2023-09-15$54.61$57.5034.2%9.9%45.0%2.0%35.0%2.7%0.6%-7.4M53.2M-3.2M0.841.9317,60914,879276,542325,339
2023-09-18$54.67$55.0034.6%9.9%44.9%3.2%34.9%3.4%0.3%-3.9M-5.0M-3.2M0.612.1912,8217,777184,754247,639
2023-09-19$54.20$55.0035.4%10.2%42.3%5.5%35.4%3.3%0.3%-4.1M15.3M-3.2M0.931.9512,80611,935192,808252,092
2023-09-20$53.12$55.0036.0%10.3%42.6%7.1%35.6%3.1%0.1%-6.6M74.1M-3.1M0.662.469,3376,166198,334254,443
2023-09-21$52.09$55.0038.3%11.0%40.2%13.5%35.9%3.9%0.0%-8.9M123.0M-3.1M0.631.7855,33535,063201,542249,519
2023-09-22$52.41$55.0037.6%10.8%31.8%11.7%37.3%4.1%0.2%-4.0M91.0M-3.3M1.241.8110,47513,009238,147257,776
2023-09-25$52.36$55.0038.7%11.1%24.2%14.6%37.5%4.0%0.2%-4.1M83.6M-3.2M1.561.9518,34528,669227,961248,405
2023-09-26$51.70$55.0040.2%11.6%22.7%18.8%39.0%4.3%0.1%-8.5M123.8M-3.2M0.902.1124,54422,103235,743261,098
2023-09-27$52.41$55.0039.6%11.3%21.6%17.2%40.2%3.9%0.4%-4.6M65.4M-3.3M1.422.1711,78716,766244,664262,460
2023-09-28$54.00$55.0038.3%10.9%23.3%13.4%38.6%3.4%0.4%3.6M-59.8M-3.4M1.012.0621,03721,173248,419266,552
2023-09-29$54.14$54.0037.7%10.7%22.6%11.8%38.3%3.6%0.6%2.8M-67.6M-3.4M1.111.947,4268,242252,455274,627