MRVL Options History — May 2024

In May 2024, MRVL traded between $64.53 and $77.75. ATM implied volatility averaged 53.8%, placing in the 55.7% IV rank vs the trailing year. The 30-day expected move averaged 14.5%. IV traded above realized volatility by 13.9% (HV 20d: 39.9%). Max pain ranged from $67.50 to $70.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 0 of 22 days. Put/call ratio averaged 0.66.

Notable Days

  • 2024-05-31: Highest Volume — 204,715 contracts
  • 2024-05-31: Largest IV drop — 30.0% change
  • 2024-05-02: Highest IV Rank — 63.9%
  • 2024-05-30: Largest Expected Move — 16.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$71.20$64.53$77.75$64.53$69.71
Max Pain$67.64$67.50$70.00$67.50$70.00
ATM IV53.8%37.6%57.1%56.8%37.6%
Expected Move14.5%10.9%16.7%12.2%10.9%
HV 20d39.9%32.2%46.2%40.2%46.2%
HV 60d51.3%46.9%53.8%53.4%49.7%
IV Rank55.7%15.3%63.9%63.2%15.3%
IV Percentile79.9%19.0%90.9%90.1%19.0%
Term Structure-2.4%-3.5%-0.6%-2.3%-0.6%
VWIV50.7%38.0%58.1%43.0%38.0%
Skew 25d0.4%-1.0%3.6%1.2%0.8%
Skew 10d0.4%-1.3%2.8%1.9%1.8%
Call IV 25d53.6%37.6%56.7%56.4%37.6%
Put IV 25d54.0%38.4%58.3%57.6%38.4%
Bid-Ask Spread %22.168.8629.5716.8029.39
Gamma HHI0.060.050.080.050.07
Net GEX18.1M2.4M32.2M2.4M2.8M
Net DEX-594.9M-1.07B-44.7M-44.7M-125.4M
Net VEX-5.5M-5.8M-5.0M-5.2M-5.0M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.660.271.320.830.99
Total Volume50,800.90919,539204,71528,804204,715
Total OI650,932.318594,226722,121645,942701,476

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2024-05-01$64.53$67.5056.8%12.2%40.2%63.2%43.0%1.2%-2.3%2.4M-44.7M-5.2M0.8316.8015,72413,080368,913277,029
2024-05-02$66.68$67.5057.1%12.2%41.9%63.9%42.4%1.7%-2.5%7.7M-244.2M-5.4M0.278.8636,0659,611372,894278,741
2024-05-03$68.22$67.5055.8%11.5%42.3%60.6%40.4%1.1%-2.4%20.4M-412.2M-5.5M0.5624.4317,3119,705382,571283,711
2024-05-06$69.53$67.5056.0%14.8%42.9%61.3%51.5%1.1%-2.3%16.5M-502.7M-5.5M0.3824.6928,49010,967355,171272,603
2024-05-07$69.18$67.5055.7%14.7%42.2%60.4%51.1%1.2%-2.1%17.9M-476.6M-5.5M1.3221.518,41511,124362,159275,885
2024-05-08$68.05$67.5055.6%14.7%41.9%60.1%51.0%0.9%-2.4%12.2M-347.3M-5.4M0.8423.8110,6188,971364,461282,124
2024-05-09$67.57$67.5054.9%14.5%41.9%58.3%50.7%0.8%-2.2%8.3M-289.5M-5.3M0.8325.7712,12710,091367,164286,299
2024-05-10$68.13$67.5054.2%14.5%41.9%56.7%50.3%1.2%-2.3%7.0M-341.6M-5.3M0.7928.3013,33910,501371,883290,197
2024-05-13$69.00$67.5054.4%14.7%39.7%57.1%51.6%-0.1%-2.5%13.9M-431.1M-5.3M0.3621.7639,05514,002360,733283,860
2024-05-14$67.97$67.5055.4%15.0%39.8%59.6%52.3%0.2%-2.7%11.5M-350.7M-5.4M0.7229.5717,01612,196383,765289,716
2024-05-15$69.63$67.5054.6%14.9%39.2%57.7%52.0%-0.3%-2.7%21.7M-542.8M-5.5M0.8029.1423,58018,887392,036294,846
2024-05-16$73.52$67.5055.9%15.3%42.5%60.8%53.4%3.6%-2.6%32.2M-1.00B-5.7M0.4025.4465,23226,200397,736303,325
2024-05-17$72.25$67.5053.9%14.9%38.2%55.9%52.0%-0.2%-2.9%19.6M-798.4M-5.6M0.4626.6332,10914,901408,794313,327
2024-05-20$74.28$67.5055.1%15.5%38.9%59.0%54.6%-1.0%-2.5%22.8M-833.5M-5.7M0.6017.5429,55917,775335,791258,435
2024-05-21$73.56$67.5054.2%15.4%39.4%56.7%53.7%-1.0%-2.4%23.4M-779.8M-5.8M0.8319.8814,40711,985350,434265,240
2024-05-22$73.16$67.5056.2%16.1%39.6%61.7%56.3%-0.7%-3.0%21.6M-733.0M-5.8M0.7421.7115,54411,523352,987272,378
2024-05-23$74.93$67.5052.1%15.0%37.5%51.4%52.5%-0.5%-1.5%29.0M-887.7M-5.8M0.5620.5432,80718,356355,436278,988
2024-05-24$76.39$67.5050.0%14.5%36.8%46.3%50.9%-0.2%-1.8%30.0M-1.04B-5.8M0.3518.9140,39814,162357,355283,468
2024-05-28$77.75$67.5052.4%15.5%36.8%52.1%54.1%0.0%-2.3%27.4M-1.07B-5.7M0.6020.5334,95420,837343,655268,365
2024-05-29$76.08$67.5052.3%15.9%35.4%51.9%55.5%-0.2%-3.5%25.0M-910.6M-5.7M0.6219.1320,20612,485351,570280,065
2024-05-30$76.25$68.0053.7%16.7%32.2%55.5%58.1%-0.4%-2.9%24.7M-926.4M-5.8M0.7213.2274,54854,042357,983286,942
2024-05-31$69.71$70.0037.6%10.9%46.2%15.3%38.0%0.8%-0.6%2.8M-125.4M-5.0M0.9929.39103,033101,682386,258315,218