MRVL Options History — February 2024

In February 2024, MRVL traded between $64.78 and $71.19. ATM implied volatility averaged 57.2%, placing in the 83.6% IV rank vs the trailing year. The 30-day expected move averaged 17.3%. IV traded above realized volatility by 15.2% (HV 20d: 42.0%). Max pain ranged from $60.00 to $60.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 2 of 20 days. Put/call ratio averaged 0.37.

Notable Days

  • 2024-02-08: Highest Volume — 137,577 contracts
  • 2024-02-05: Largest IV spike — 14.7% change
  • 2024-02-12: Highest IV Rank — 98.7%
  • 2024-02-29: Largest Expected Move — 20.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$68.15$64.78$71.19$66.94$71.19
Max Pain$60.00$60.00$60.00$60.00$60.00
ATM IV57.2%42.6%61.9%42.6%59.6%
Expected Move17.3%14.2%20.6%14.2%20.6%
HV 20d42.0%37.3%47.1%44.9%47.1%
HV 60d42.5%41.0%44.2%42.2%43.9%
IV Rank83.6%36.0%98.7%36.0%92.4%
IV Percentile88.9%44.4%99.6%44.4%96.8%
Term Structure-1.4%-3.7%10.1%10.1%-3.7%
VWIV61.1%49.6%73.4%49.6%73.4%
Skew 25d-0.2%-3.1%3.1%0.5%-1.3%
Skew 10d-0.6%-6.2%3.8%1.8%-2.3%
Call IV 25d57.9%41.0%63.9%41.0%61.5%
Put IV 25d57.6%41.5%62.4%41.5%60.2%
Bid-Ask Spread %18.129.1726.0321.1717.59
Gamma HHI0.080.070.100.100.09
Net GEX24.5M13.1M35.9M19.4M34.2M
Net DEX-794.9M-1.14B-446.0M-669.2M-1.02B
Net VEX-4.7M-5.1M-4.4M-4.5M-4.8M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.370.100.950.450.31
Total Volume66,308.1523,919137,57734,28569,744
Total OI546,207.1487,874617,236499,557569,164

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2024-02-01$66.94$60.0042.6%14.2%44.9%36.0%49.6%0.5%10.1%19.4M-669.2M-4.5M0.4521.1723,70810,577302,955196,602
2024-02-02$67.53$60.0044.8%14.2%44.3%43.1%49.9%0.7%9.9%24.7M-718.9M-4.4M0.3222.1638,57812,425302,459198,197
2024-02-05$66.84$60.0051.4%14.8%44.1%64.5%51.5%1.6%-2.0%19.7M-676.7M-4.4M0.1019.9127,5072,798296,197191,677
2024-02-06$66.72$60.0052.5%14.8%37.3%68.3%51.6%1.2%-2.3%20.8M-679.5M-4.4M0.9520.7115,48114,700302,151194,182
2024-02-07$69.28$60.0055.5%15.1%38.9%78.0%52.9%0.8%-3.0%25.2M-903.2M-4.5M0.3226.0366,13021,330303,378203,618
2024-02-08$71.05$60.0058.5%16.1%39.4%87.7%57.3%-1.7%-2.7%33.4M-1.14B-4.8M0.1420.77120,69016,887325,426205,121
2024-02-09$68.81$60.0056.6%15.7%39.6%81.5%56.2%-1.3%-2.7%35.9M-949.7M-5.0M0.2618.1698,10225,420376,168209,876
2024-02-12$70.59$60.0061.9%17.5%40.4%98.7%62.4%-3.1%-2.8%31.0M-1.10B-5.0M0.1621.35116,75518,664361,160202,472
2024-02-13$67.91$60.0061.8%17.6%43.1%98.3%61.7%-0.2%-2.6%27.5M-855.6M-5.1M0.3021.2962,44119,009395,386208,300
2024-02-14$69.09$60.0061.0%17.5%43.2%95.5%61.9%-0.7%-2.7%30.7M-940.2M-5.0M0.3720.4925,5079,463389,016212,892
2024-02-15$67.52$60.0061.1%17.6%40.4%95.9%62.0%-0.6%-2.8%20.8M-751.3M-4.9M0.2420.9056,02413,359393,122217,481
2024-02-16$66.27$60.0060.6%17.6%37.8%94.3%62.1%-0.4%-1.3%13.1M-606.2M-4.8M0.4620.6744,91020,769396,058221,178
2024-02-20$64.78$60.0061.9%18.8%38.4%98.5%66.2%0.8%-3.4%13.8M-446.0M-4.5M0.4213.1041,44917,479327,721175,115
2024-02-21$65.06$60.0060.7%18.7%38.5%94.9%65.5%-0.3%-3.2%14.9M-469.3M-4.5M0.4012.9435,39014,219325,473181,096
2024-02-22$69.91$60.0059.8%18.7%45.7%91.7%66.2%-1.2%-2.9%29.6M-938.6M-4.8M0.2812.9997,74927,405344,459186,799
2024-02-23$67.88$60.0058.1%17.9%45.8%87.5%63.4%-1.0%-2.2%19.7M-736.6M-4.8M0.4715.4827,32512,776375,883194,343
2024-02-26$68.62$60.0058.4%19.1%44.1%88.4%67.5%3.1%-1.9%24.5M-772.2M-4.8M0.379.1722,0058,106352,585180,506
2024-02-27$69.32$60.0058.9%19.7%43.0%90.1%70.4%-1.1%-3.2%27.5M-843.7M-4.7M0.2414.8338,1919,172361,245183,008
2024-02-28$67.60$60.0058.0%20.0%43.6%87.0%70.3%-0.3%-3.5%22.8M-683.3M-4.7M0.8112.6413,19410,725375,929185,744
2024-02-29$71.19$60.0059.6%20.6%47.1%92.4%73.4%-1.3%-3.7%34.2M-1.02B-4.8M0.3117.5953,12916,615377,764191,400