MRVL Options History — February 2025

In February 2025, MRVL traded between $88.02 and $118.47. ATM implied volatility averaged 68.7%, placing in the 90.7% IV rank vs the trailing year. The 30-day expected move averaged 19.0%. IV traded below realized volatility by 12.5% (HV 20d: 81.2%). Max pain ranged from $100.00 to $110.00. Net GEX was positive for 10 of 19 trading days. Term structure was in contango for 0 of 19 days. Put/call ratio averaged 0.62.

Notable Days

  • 2025-02-07: Highest Volume — 176,440 contracts
  • 2025-02-25: Largest IV spike — 5.2% change
  • 2025-02-25: Highest IV Rank — 100.0%
  • 2025-02-27: Largest Expected Move — 23.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$105.37$88.02$118.47$114.19$90.58
Max Pain$105.42$100.00$110.00$110.00$100.00
ATM IV68.7%64.7%74.7%66.0%73.4%
Expected Move19.0%14.5%23.3%15.6%23.2%
HV 20d81.2%58.3%89.7%82.6%62.1%
HV 60d82.9%80.4%86.0%80.4%86.0%
IV Rank90.7%81.2%100.0%84.7%96.8%
IV Percentile97.8%93.3%100.0%98.4%99.2%
Term Structure-3.4%-5.0%-0.9%-0.9%-3.3%
VWIV66.4%52.0%80.0%55.5%79.8%
Skew 25d1.6%-0.1%4.2%2.4%3.5%
Skew 10d3.9%0.6%8.0%7.1%7.3%
Call IV 25d68.5%64.4%72.7%67.8%72.6%
Put IV 25d70.0%65.7%76.9%70.2%76.1%
Bid-Ask Spread %28.2721.5538.4924.5122.20
Gamma HHI0.060.040.210.060.21
Net GEX7.5M-23.5M47.0M24.8M-23.5M
Net DEX-477.7M-1.68B645.5M-1.11B420.0M
Net VEX-7.2M-7.9M-6.6M-7.3M-7.0M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.620.300.920.500.88
Total Volume75,471.42139,713176,44086,42573,080
Total OI639,669.684549,740689,885565,634662,594

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2025-02-03$114.19$110.0066.0%15.6%82.6%84.7%55.5%2.4%-0.9%24.8M-1.11B-7.3M0.5024.5157,57628,849295,135270,499
2025-02-04$109.91$110.0068.2%15.0%82.2%90.9%52.8%1.0%-2.6%17.6M-815.5M-7.5M0.5525.6054,16629,568320,945290,152
2025-02-05$115.73$110.0069.5%14.5%84.3%94.4%52.0%0.6%-3.5%36.5M-1.40B-7.9M0.5122.1458,12029,525338,734309,126
2025-02-06$118.47$105.0070.5%18.5%83.9%97.2%64.8%0.7%-5.0%47.0M-1.68B-7.9M0.4027.7044,80218,123350,022317,761
2025-02-07$110.68$105.0068.1%18.1%87.2%90.5%62.6%2.0%-3.8%28.6M-780.8M-7.7M0.3027.63135,59640,844363,773326,112
2025-02-10$112.92$105.0066.2%17.7%87.3%85.3%62.2%1.6%-3.2%24.7M-981.3M-7.5M0.5729.1641,25523,385316,927314,874
2025-02-11$108.87$105.0066.5%18.0%88.2%86.2%63.0%1.0%-3.2%8.4M-594.2M-7.4M0.4729.5536,42916,969320,422325,005
2025-02-12$105.35$105.0067.1%18.3%88.8%87.7%63.9%1.0%-3.6%-4.0M-285.0M-7.2M0.6832.6428,28719,247326,902331,126
2025-02-13$103.66$105.0067.8%18.5%88.6%89.8%64.8%0.6%-4.1%-13.6M-128.5M-7.1M0.9231.4230,43428,085331,096338,823
2025-02-14$106.64$105.0065.9%18.2%88.9%84.4%63.7%-0.1%-3.4%-1.2M-472.8M-7.3M0.5929.0960,86236,173339,301340,960
2025-02-18$107.50$105.0066.4%18.9%86.8%85.9%65.7%0.5%-3.2%5.6M-573.7M-7.1M0.4335.5927,72711,986312,919333,257
2025-02-19$110.72$105.0065.4%18.8%87.8%83.2%65.7%-0.1%-3.3%20.1M-888.8M-7.2M0.3232.8142,88613,827320,388335,909
2025-02-20$108.68$105.0064.7%18.7%87.7%81.2%65.4%0.5%-3.2%12.5M-689.1M-7.1M0.5333.2931,17016,625325,158337,761
2025-02-21$103.68$105.0067.7%19.8%88.7%89.4%68.7%1.9%-4.0%-6.2M-215.8M-7.0M0.9138.4937,26333,979328,562340,548
2025-02-24$98.90$105.0070.5%21.3%89.7%97.0%73.7%2.6%-3.2%-5.0M-17.6M-6.7M0.7324.3343,22931,555265,780283,960
2025-02-25$92.83$105.0074.1%22.7%58.4%100.0%78.4%2.6%-3.8%-8.7M326.0M-6.6M0.7321.5558,20642,721280,681297,690
2025-02-26$94.71$105.0073.3%22.7%58.3%98.0%78.0%3.1%-2.9%-6.0M172.2M-7.1M0.8624.5339,69334,075300,659312,961
2025-02-27$88.02$103.0074.7%23.3%62.0%100.0%80.0%4.2%-4.2%-15.8M645.5M-6.6M0.9224.8840,39837,242318,335328,867
2025-02-28$90.58$100.0073.4%23.2%62.1%96.8%79.8%3.5%-3.3%-23.5M420.0M-7.0M0.8822.2038,85034,230330,279332,315