MRVL Options History — November 2023

In November 2023, MRVL traded between $47.70 and $57.22. ATM implied volatility averaged 49.6%, placing in the 46.4% IV rank vs the trailing year. The 30-day expected move averaged 14.6%. IV traded above realized volatility by 11.2% (HV 20d: 38.3%). Max pain ranged from $50.00 to $55.00. Net GEX was positive for 15 of 21 trading days. Term structure was in contango for 0 of 21 days. Put/call ratio averaged 0.88.

Notable Days

  • 2023-11-30: Highest Volume — 97,143 contracts
  • 2023-11-09: Largest IV spike — 5.8% change
  • 2023-11-13: Highest IV Rank — 52.6%
  • 2023-11-30: Largest Expected Move — 17.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$53.98$47.70$57.22$47.70$55.48
Max Pain$52.74$50.00$55.00$50.00$55.00
ATM IV49.6%45.2%52.4%52.3%47.2%
Expected Move14.6%12.0%17.0%12.0%17.0%
HV 20d38.3%30.4%44.1%30.4%40.1%
HV 60d35.6%33.3%38.6%36.1%33.3%
IV Rank46.4%37.6%52.6%52.2%45.5%
IV Percentile48.6%31.0%61.1%57.9%37.3%
Term Structure-2.1%-3.1%-1.1%-1.1%-2.1%
VWIV51.1%41.6%57.9%41.6%57.9%
Skew 25d3.9%2.7%6.2%6.2%3.1%
Skew 10d7.8%5.2%11.8%11.8%6.4%
Call IV 25d47.5%43.0%50.3%49.2%45.4%
Put IV 25d51.4%46.1%55.4%55.4%48.5%
Bid-Ask Spread %14.041.9634.8817.993.53
Gamma HHI0.070.040.210.060.05
Net GEX4.2M-5.8M13.7M-5.8M2.3M
Net DEX-142.8M-411.8M197.6M197.6M-137.8M
Net VEX-3.0M-3.1M-2.7M-2.7M-3.0M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.880.421.720.920.81
Total Volume30,538.57112,77597,14322,77397,143
Total OI481,662.143434,286543,201469,451480,680

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2023-11-01$47.70$50.0052.3%12.0%30.4%52.2%41.6%6.2%-1.1%-5.8M197.6M-2.7M0.9217.9911,87710,896228,752240,699
2023-11-02$49.03$52.5050.6%13.8%32.5%47.6%48.4%5.7%-1.2%-2.3M111.4M-2.8M0.921.9610,0759,234232,672245,041
2023-11-03$51.34$52.5050.7%13.6%35.6%48.0%47.7%5.0%-1.8%-327.5K-48.1M-2.9M0.792.7223,52418,589234,392247,894
2023-11-06$51.27$52.5050.6%13.7%35.6%47.7%48.5%5.4%-2.3%-1.0M-1.8M-2.9M1.486.467,01110,397223,559247,718
2023-11-07$51.44$52.5049.8%13.6%35.0%45.3%49.2%5.2%-2.2%-508.6K-13.7M-2.9M0.8531.088,8007,501227,082250,664
2023-11-08$51.66$52.5049.1%13.6%35.1%43.3%47.7%5.0%-1.4%-586.5K-32.8M-2.9M0.6234.887,8934,882230,826253,449
2023-11-09$52.50$52.5051.9%14.5%35.8%51.2%49.4%3.9%-1.6%1.3M-102.4M-3.0M0.4930.9830,61715,093233,458255,798
2023-11-10$54.78$52.5051.8%14.4%36.4%50.8%51.5%3.8%-2.3%9.1M-282.9M-3.1M1.0130.6316,21116,389248,252260,924
2023-11-13$53.64$52.5052.4%14.9%36.7%52.6%51.9%4.2%-3.1%4.5M-153.8M-3.0M1.3727.109,56413,082242,803257,174
2023-11-14$57.22$52.5050.9%14.5%43.0%48.6%51.2%3.1%-2.0%11.2M-411.8M-3.1M0.4227.2529,57912,502244,182265,873
2023-11-15$57.03$52.5050.5%14.5%40.5%47.4%50.5%3.2%-2.5%13.1M-404.6M-3.1M0.6527.8221,05313,735255,893269,733
2023-11-16$54.94$52.5051.5%14.9%42.7%50.2%52.2%3.4%-2.8%7.3M-219.6M-3.1M0.657.3319,56912,719257,822276,407
2023-11-17$55.39$52.5050.3%14.7%41.7%46.9%51.0%3.0%-2.5%10.3M-269.6M-3.1M0.492.4312,9686,352260,108283,093
2023-11-20$56.53$52.5050.0%15.2%41.7%46.2%53.2%3.4%-2.2%5.8M-232.6M-3.0M0.725.4210,9427,924204,280230,006
2023-11-21$54.64$52.5051.0%15.6%44.1%51.8%54.3%3.3%-3.1%3.4M-119.9M-3.0M1.093.6610,45811,362212,001234,041
2023-11-22$55.45$52.5048.2%14.9%40.3%43.5%52.0%2.9%-2.4%5.3M-173.7M-3.0M1.155.6614,52116,700217,384241,898
2023-11-24$56.02$52.5046.0%14.6%39.2%40.1%51.0%2.8%-2.5%13.7M-218.9M-3.0M1.7213.808,02813,834220,030245,835
2023-11-27$55.98$52.5046.0%15.4%39.3%40.3%55.3%2.7%-1.7%4.4M-173.7M-3.0M1.173.4012,46914,536205,927230,984
2023-11-28$55.42$55.0045.2%15.3%39.8%37.6%53.3%3.1%-2.1%3.4M-139.8M-3.0M0.517.1122,63411,570212,855241,446
2023-11-29$56.02$55.0045.5%16.0%39.6%38.6%55.5%3.0%-1.8%3.5M-170.8M-3.0M0.593.6718,27210,805216,489246,781
2023-11-30$55.48$55.0047.2%17.0%40.1%45.5%57.9%3.1%-2.1%2.3M-137.8M-3.0M0.813.5353,71843,425225,509255,171