MRVL Options History — January 2024

In January 2024, MRVL traded between $56.78 and $72.34. ATM implied volatility averaged 37.8%, placing in the 20.5% IV rank vs the trailing year. The 30-day expected move averaged 10.8%. IV traded below realized volatility by 6.8% (HV 20d: 44.7%). Max pain ranged from $55.00 to $62.50. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 15 of 21 days. Put/call ratio averaged 0.47.

Notable Days

2024-01-18: Highest Volume — 159,109 contracts
2024-01-29: Largest IV spike — 4.7% change
2024-01-30: Highest IV Rank — 33.7%
2024-01-30: Largest Expected Move — 11.9%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$65.82	$56.78	$72.34	$57.67	$67.76
Max Pain	$58.21	$55.00	$62.50	$55.00	$62.50
ATM IV	37.8%	35.5%	41.9%	35.6%	41.4%
Expected Move	10.8%	9.9%	11.9%	9.9%	11.4%
HV 20d	44.7%	40.4%	49.0%	40.9%	45.2%
HV 60d	41.4%	39.2%	42.9%	39.4%	42.9%
IV Rank	20.5%	12.9%	33.7%	13.5%	32.3%
IV Percentile	20.8%	11.1%	40.9%	11.1%	40.1%
Term Structure	2.0%	-0.7%	8.9%	0.1%	8.9%
VWIV	38.1%	34.7%	41.8%	34.7%	40.5%
Skew 25d	0.7%	-1.0%	2.1%	2.1%	-1.0%
Skew 10d	2.2%	0.4%	4.3%	3.9%	0.4%
Call IV 25d	38.0%	35.4%	43.2%	35.4%	42.8%
Put IV 25d	38.8%	36.3%	43.0%	37.4%	41.8%
Bid-Ask Spread %	22.44	5.23	47.12	12.43	17.92
Gamma HHI	0.14	0.09	0.34	0.13	0.09
Net GEX	19.4M	2.8M	34.5M	5.7M	18.8M
Net DEX	-760.7M	-1.37B	-192.5M	-256.2M	-726.4M
Net VEX	-3.6M	-4.4M	-3.0M	-3.0M	-4.4M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.47	0.21	0.95	0.95	0.49
Total Volume	50,075.095	17,393	159,109	20,594	49,081
Total OI	472,318.238	407,595	574,132	442,533	476,501

Daily Data (21 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
2024-01-02	$57.67	$55.00	35.6%	9.9%	40.9%	13.5%	34.7%	2.1%	0.1%	5.7M	-256.2M	-3.0M	0.95	12.43	10,538	10,056	223,133	219,400
2024-01-03	$56.78	$55.00	36.4%	10.1%	41.0%	16.1%	35.4%	1.7%	-0.1%	2.8M	-192.5M	-3.0M	0.95	5.23	8,930	8,463	223,036	225,337
2024-01-04	$58.46	$55.00	37.5%	10.8%	40.4%	19.5%	38.8%	1.5%	-0.7%	6.6M	-315.5M	-3.1M	0.50	13.14	39,398	19,746	225,022	229,744
2024-01-05	$60.00	$55.00	36.7%	10.6%	40.7%	17.0%	37.8%	1.3%	0.0%	21.9M	-465.4M	-3.1M	0.37	37.20	41,418	15,343	239,854	238,665
2024-01-08	$64.25	$55.00	37.6%	10.8%	45.2%	19.9%	37.9%	1.0%	0.0%	16.3M	-705.7M	-3.0M	0.51	12.17	36,179	18,427	229,923	223,802
2024-01-09	$63.36	$57.50	36.5%	10.4%	46.0%	16.3%	36.4%	1.1%	-0.3%	16.3M	-650.1M	-3.1M	0.50	12.86	15,213	7,595	237,860	231,067
2024-01-10	$63.23	$57.50	35.7%	10.3%	45.4%	13.5%	35.7%	1.2%	0.2%	16.5M	-641.6M	-3.1M	0.64	47.12	10,925	6,989	241,099	234,602
2024-01-11	$65.75	$57.50	36.1%	10.4%	46.4%	14.8%	36.4%	0.7%	0.5%	20.2M	-821.7M	-3.0M	0.23	38.87	107,147	24,155	244,271	238,154
2024-01-12	$65.70	$57.50	35.5%	10.2%	43.7%	12.9%	36.0%	0.5%	0.3%	34.5M	-877.0M	-3.4M	0.41	29.03	26,164	10,856	278,573	249,629
2024-01-16	$65.50	$57.50	37.1%	10.6%	42.4%	18.1%	37.2%	1.2%	0.1%	19.9M	-808.1M	-3.4M	0.43	44.82	22,387	9,527	267,019	230,516
2024-01-17	$64.93	$57.50	37.4%	10.7%	42.7%	19.2%	38.4%	1.5%	-0.2%	20.6M	-763.4M	-3.5M	0.64	38.20	14,184	9,032	274,463	233,604
2024-01-18	$68.25	$57.50	38.0%	10.9%	45.6%	21.2%	38.4%	0.4%	-0.1%	23.6M	-1.02B	-3.4M	0.21	30.93	131,931	27,178	278,599	238,719
2024-01-19	$71.06	$60.00	38.1%	10.9%	47.0%	21.4%	38.7%	-0.1%	-0.2%	31.3M	-1.37B	-3.8M	0.23	27.38	57,074	13,071	326,350	247,782
2024-01-22	$70.31	$60.00	38.9%	11.3%	45.3%	23.9%	39.7%	1.0%	1.6%	21.6M	-927.6M	-3.9M	0.32	18.77	42,661	13,682	241,590	166,005
2024-01-23	$70.31	$60.00	37.9%	11.0%	43.7%	20.6%	38.5%	1.0%	8.7%	22.9M	-932.0M	-3.9M	0.25	17.50	34,983	8,658	249,273	173,407
2024-01-24	$72.34	$60.00	37.8%	10.9%	44.2%	20.5%	38.4%	0.0%	3.2%	27.3M	-1.14B	-4.2M	0.32	17.61	44,170	14,322	270,029	177,842
2024-01-25	$70.31	$60.00	38.7%	11.1%	45.9%	23.3%	39.1%	0.4%	1.3%	23.9M	-945.1M	-4.2M	0.28	13.91	38,248	10,633	269,747	182,198
2024-01-26	$67.81	$60.00	38.8%	11.1%	48.3%	23.6%	38.9%	0.4%	1.7%	15.3M	-719.8M	-4.2M	0.51	12.74	29,068	14,698	275,071	186,774
2024-01-29	$69.78	$60.00	40.6%	11.5%	49.0%	29.5%	40.3%	-0.4%	8.4%	21.5M	-883.5M	-4.3M	0.58	14.07	16,458	9,543	272,206	181,774
2024-01-30	$68.73	$62.50	41.9%	11.9%	49.0%	33.7%	41.8%	-0.3%	8.4%	20.7M	-808.7M	-4.4M	0.60	9.45	14,656	8,790	280,395	185,648
2024-01-31	$67.76	$62.50	41.4%	11.4%	45.2%	32.3%	40.5%	-1.0%	8.9%	18.8M	-726.4M	-4.4M	0.49	17.92	32,928	16,153	286,753	189,748