MRVL Options History — March 2025

In March 2025, MRVL traded between $61.08 and $89.68. ATM implied volatility averaged 59.5%, placing in the 54.9% IV rank vs the trailing year. The 30-day expected move averaged 18.4%. IV traded below realized volatility by 32.3% (HV 20d: 91.8%). Max pain ranged from $75.00 to $100.00. Net GEX was positive for 0 of 21 trading days. Term structure was in contango for 4 of 21 days. Put/call ratio averaged 1.00.

Notable Days

2025-03-06: Highest Volume — 444,255 contracts
2025-03-06: Largest IV drop — 14.7% change
2025-03-03: Highest IV Rank — 100.0%
2025-03-04: Largest Expected Move — 26.5%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$71.10	$61.08	$89.68	$85.15	$61.08
Max Pain	$84.79	$75.00	$100.00	$100.00	$75.00
ATM IV	59.5%	45.8%	79.5%	79.5%	57.0%
Expected Move	18.4%	13.6%	26.5%	26.1%	16.2%
HV 20d	91.8%	62.4%	98.4%	62.4%	94.1%
HV 60d	82.5%	74.8%	87.3%	86.3%	80.5%
IV Rank	54.9%	24.0%	100.0%	100.0%	49.2%
IV Percentile	76.9%	41.7%	100.0%	100.0%	82.1%
Term Structure	-1.4%	-6.2%	2.1%	-3.9%	-0.7%
VWIV	63.7%	47.8%	91.7%	90.8%	57.3%
Skew 25d	4.6%	3.4%	5.8%	4.2%	4.0%
Skew 10d	8.3%	6.0%	11.1%	8.3%	10.2%
Call IV 25d	57.1%	43.8%	75.9%	75.9%	55.5%
Put IV 25d	61.7%	47.8%	80.1%	80.1%	59.5%
Bid-Ask Spread %	28.05	15.91	42.75	15.91	28.71
Gamma HHI	0.12	0.04	0.54	0.05	0.14
Net GEX	-15.1M	-56.6M	-128.4K	-6.7M	-19.2M
Net DEX	678.2M	225.6M	1.31B	523.4M	875.1M
Net VEX	-6.4M	-7.2M	-5.4M	-6.5M	-6.1M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	1.00	0.46	2.62	0.77	0.97
Total Volume	101,743.905	33,373	444,255	76,090	74,794
Total OI	769,100.952	607,176	861,285	607,176	714,189

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
2025-03-03	$85.15	$100.00	79.5%	26.1%	62.4%	100.0%	90.8%	4.2%	-3.9%	-6.7M	523.4M	-6.5M	0.77	15.91	42,962	33,128	299,102	308,074
2025-03-04	$89.58	$100.00	78.9%	26.5%	66.1%	98.7%	91.7%	4.3%	-3.4%	-2.1M	264.7M	-7.2M	0.51	19.10	61,856	31,417	320,627	327,138
2025-03-05	$89.68	$100.00	75.6%	25.8%	65.5%	91.3%	88.2%	4.6%	-4.1%	-128.4K	225.6M	-7.2M	0.60	16.93	107,827	64,643	346,667	339,943
2025-03-06	$72.20	$98.00	64.5%	20.1%	94.7%	66.3%	70.6%	4.0%	-1.4%	-20.7M	1.31B	-5.4M	1.22	26.54	199,850	244,405	406,702	376,474
2025-03-07	$70.34	$87.50	61.9%	18.9%	93.1%	60.4%	65.2%	5.0%	-1.8%	-33.1M	1.18B	-5.8M	1.01	35.68	118,875	120,561	465,461	392,296
2025-03-10	$64.94	$85.00	70.2%	23.8%	93.9%	79.1%	82.1%	4.7%	-0.9%	-14.5M	1.14B	-5.5M	1.04	32.09	60,223	62,506	407,160	372,787
2025-03-11	$67.58	$80.00	67.1%	22.2%	95.4%	72.1%	76.8%	5.8%	-2.7%	-14.4M	954.4M	-6.2M	0.58	42.75	40,605	23,353	429,703	390,627
2025-03-12	$69.36	$80.00	63.2%	20.2%	97.1%	63.2%	69.4%	5.2%	-1.8%	-13.3M	798.8M	-6.5M	0.46	38.00	46,327	21,292	444,062	388,965
2025-03-13	$68.13	$77.50	62.8%	20.3%	97.0%	62.4%	70.4%	5.8%	-1.5%	-13.1M	811.6M	-6.5M	1.14	35.96	28,030	32,075	461,937	392,874
2025-03-14	$68.37	$75.00	57.4%	18.1%	97.4%	50.2%	62.4%	5.0%	-0.9%	-13.3M	779.3M	-6.4M	0.96	36.39	33,513	32,321	469,357	391,928
2025-03-17	$70.54	$87.50	55.6%	15.6%	97.6%	46.1%	54.7%	4.5%	-1.5%	-13.3M	544.8M	-6.7M	0.57	27.99	29,116	16,611	428,133	381,520
2025-03-18	$68.27	$87.50	55.5%	15.7%	97.1%	45.9%	53.0%	5.3%	-1.0%	-14.5M	682.7M	-6.5M	0.82	30.28	24,274	19,798	441,351	383,627
2025-03-19	$70.22	$85.00	50.9%	14.8%	97.0%	35.5%	51.2%	4.4%	-1.1%	-13.6M	518.0M	-6.7M	1.09	27.15	26,152	28,521	451,813	389,158
2025-03-20	$70.51	$85.00	50.0%	14.6%	97.5%	33.6%	50.2%	4.5%	-0.9%	-15.0M	462.6M	-6.8M	2.62	32.80	14,217	37,288	459,240	389,984
2025-03-21	$70.17	$82.50	50.9%	14.4%	97.1%	35.6%	50.6%	4.8%	-0.6%	-56.6M	406.7M	-6.7M	0.62	24.52	28,074	17,455	463,452	383,194
2025-03-24	$72.63	$82.50	45.8%	13.6%	98.4%	24.0%	49.1%	4.1%	2.1%	-6.1M	226.9M	-6.8M	0.93	21.69	36,714	34,085	322,360	337,981
2025-03-25	$71.39	$80.00	46.5%	13.6%	96.7%	25.6%	47.8%	3.4%	-6.2%	-2.0M	317.5M	-6.8M	0.72	26.59	19,356	14,017	339,446	354,986
2025-03-26	$66.39	$80.00	50.6%	14.5%	98.1%	34.8%	50.9%	3.6%	1.1%	-12.5M	675.1M	-6.4M	0.67	21.69	54,987	36,948	346,118	359,392
2025-03-27	$64.94	$77.50	49.9%	14.5%	95.9%	33.3%	49.3%	4.0%	1.6%	-17.0M	704.0M	-6.3M	2.32	21.77	29,403	68,331	363,737	361,977
2025-03-28	$61.55	$75.00	55.1%	15.7%	95.4%	45.1%	55.6%	5.7%	1.1%	-16.8M	836.8M	-6.1M	1.34	26.49	51,486	69,226	375,407	372,171
2025-03-31	$61.08	$75.00	57.0%	16.2%	94.1%	49.2%	57.3%	4.0%	-0.7%	-19.2M	875.1M	-6.1M	0.97	28.71	37,967	36,827	337,469	376,720