MRVL Options History — December 2023

In December 2023, MRVL traded between $50.44 and $61.47. ATM implied volatility averaged 33.7%, placing in the 7.0% IV rank vs the trailing year. The 30-day expected move averaged 9.6%. IV traded below realized volatility by 7.8% (HV 20d: 41.5%). Max pain ranged from $52.50 to $55.00. Net GEX was positive for 15 of 20 trading days. Term structure was in contango for 15 of 20 days. Put/call ratio averaged 0.57.

Notable Days

  • 2023-12-01: Highest Volume — 149,316 contracts
  • 2023-12-04: Largest IV spike — 7.7% change
  • 2023-12-26: Highest IV Rank — 11.2%
  • 2023-12-21: Largest Expected Move — 9.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$56.87$50.44$61.47$52.73$60.59
Max Pain$53.00$52.50$55.00$55.00$55.00
ATM IV33.7%31.5%34.9%31.5%33.4%
Expected Move9.6%9.2%9.9%9.9%9.2%
HV 20d41.5%38.5%44.4%44.3%41.2%
HV 60d37.0%34.7%38.9%34.9%38.0%
IV Rank7.0%0.0%11.2%0.0%6.2%
IV Percentile3.2%0.0%8.3%0.0%2.4%
Term Structure0.3%-0.7%1.1%0.2%0.9%
VWIV34.1%33.2%36.9%35.0%33.2%
Skew 25d0.9%-0.3%1.8%1.7%1.3%
Skew 10d2.1%-0.3%3.7%3.2%3.2%
Call IV 25d33.6%30.7%35.1%30.7%33.0%
Put IV 25d34.6%32.4%36.0%32.4%34.3%
Bid-Ask Spread %14.295.0626.6115.688.31
Gamma HHI0.120.070.250.250.12
Net GEX7.8M-15.2M21.7M-15.2M13.1M
Net DEX-287.2M-585.7M174.3M90.9M-495.5M
Net VEX-3.1M-3.3M-2.8M-2.8M-3.1M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.570.111.091.090.56
Total Volume38,493.059,141149,316149,31616,467
Total OI507,387.15448,811555,818544,595481,085

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2023-12-01$52.73$55.0031.5%9.9%44.3%0.0%35.0%1.7%0.2%-15.2M90.9M-2.8M1.0915.6871,44577,871260,494284,101
2023-12-04$51.95$52.5033.9%9.7%41.8%7.9%33.9%1.5%0.4%-6.6M103.1M-2.9M0.9222.9224,62622,670239,305257,927
2023-12-05$50.73$52.5033.1%9.7%42.7%5.3%34.5%1.0%0.4%-9.2M173.1M-2.9M0.5026.6125,04712,434248,247268,060
2023-12-06$50.44$52.5033.1%9.6%42.7%5.3%33.4%0.9%0.6%-7.8M174.3M-2.9M0.5919.9919,80711,651261,066274,600
2023-12-07$52.13$52.5033.4%9.6%44.4%6.3%34.0%0.9%0.4%-916.2K26.1M-3.0M0.4020.2626,59610,577263,180278,552
2023-12-08$52.92$52.5032.2%9.4%44.3%2.3%33.4%0.6%0.4%4.8M-56.1M-3.2M0.5917.1014,2128,390272,924282,894
2023-12-11$54.56$52.5034.2%9.8%43.0%8.9%34.8%0.8%-0.2%4.0M-161.8M-3.2M0.4623.3624,56711,211253,898273,150
2023-12-12$54.20$52.5033.1%9.4%42.4%5.3%33.3%1.0%-0.4%3.6M-142.8M-3.2M0.699.2811,8198,155261,900274,793
2023-12-13$57.11$52.5033.8%9.6%40.1%7.4%34.2%0.4%-0.4%16.4M-404.0M-3.2M0.3623.1736,29312,975265,841274,844
2023-12-14$59.23$52.5034.5%9.7%42.1%9.8%34.4%0.1%-0.7%19.2M-585.7M-3.2M0.5310.1237,97319,956268,711276,710
2023-12-15$59.41$52.5033.9%9.6%39.4%7.7%34.1%-0.3%-0.5%12.3M-585.7M-3.2M0.6526.3519,08112,363271,582278,797
2023-12-18$59.67$52.5033.6%9.6%39.4%6.8%33.7%0.8%0.7%10.1M-433.4M-3.1M0.215.0634,5617,186217,002231,809
2023-12-19$59.50$52.5033.2%9.5%39.0%5.5%33.5%0.9%0.6%11.8M-440.5M-3.2M0.648.857,5134,844228,684234,772
2023-12-20$57.75$52.5034.5%9.9%38.5%9.8%34.6%1.8%0.6%8.0M-315.0M-3.3M0.115.6772,3118,282229,825236,431
2023-12-21$60.26$52.5034.7%9.9%40.8%10.3%34.8%0.8%0.5%21.7M-519.6M-3.2M0.377.1916,6646,230248,913239,578
2023-12-22$60.17$52.5033.9%9.6%40.8%7.7%33.9%0.9%0.7%19.8M-502.1M-3.2M0.336.8117,8085,839248,634242,274
2023-12-26$61.42$52.5034.9%9.9%41.2%11.2%36.9%1.1%0.4%18.4M-570.2M-3.1M0.7616.3216,95512,853233,722230,175
2023-12-27$61.13$55.0034.3%9.6%41.0%8.9%34.0%1.3%0.8%15.8M-538.0M-3.2M0.787.587,5925,896235,447238,994
2023-12-28$61.47$55.0033.9%9.3%40.9%7.8%33.2%1.3%1.1%16.9M-560.4M-3.2M0.955.084,6814,460237,458241,364
2023-12-29$60.59$55.0033.4%9.2%41.2%6.2%33.2%1.3%0.9%13.1M-495.5M-3.1M0.568.3110,5465,921238,914242,171