MRVL Options History — July 2025

In July 2025, MRVL traded between $70.80 and $81.74. ATM implied volatility averaged 51.9%, placing in the 26.4% IV rank vs the trailing year. The 30-day expected move averaged 14.3%. IV traded above realized volatility by 5.2% (HV 20d: 46.7%). Max pain ranged from $70.00 to $72.00. Net GEX was positive for 20 of 22 trading days. Term structure was in contango for 12 of 22 days. Put/call ratio averaged 0.62.

Notable Days

2025-07-30: Highest Volume — 219,531 contracts
2025-07-28: Largest IV spike — 13.5% change
2025-07-31: Highest IV Rank — 46.1%
2025-07-30: Largest Expected Move — 15.5%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$74.14	$70.80	$81.74	$76.36	$80.80
Max Pain	$70.14	$70.00	$72.00	$70.00	$72.00
ATM IV	51.9%	47.5%	64.3%	47.5%	64.3%
Expected Move	14.3%	13.3%	15.5%	13.3%	15.3%
HV 20d	46.7%	30.1%	57.8%	55.9%	35.3%
HV 60d	58.0%	50.0%	79.7%	79.7%	51.5%
IV Rank	26.4%	19.5%	46.1%	19.5%	46.1%
IV Percentile	48.1%	37.7%	76.2%	38.5%	76.2%
Term Structure	1.1%	-11.5%	10.8%	0.5%	-3.5%
VWIV	50.3%	47.0%	55.2%	47.0%	54.5%
Skew 25d	1.5%	-1.5%	13.9%	1.8%	-0.3%
Skew 10d	4.8%	-7.1%	27.3%	7.8%	1.2%
Call IV 25d	50.8%	37.9%	66.2%	47.3%	58.4%
Put IV 25d	52.2%	47.2%	64.6%	49.1%	58.1%
Bid-Ask Spread %	30.87	4.46	55.36	23.54	14.54
Gamma HHI	0.08	0.06	0.21	0.08	0.06
Net GEX	10.5M	-4.4M	29.5M	27.0M	22.7M
Net DEX	-641.5M	-1.60B	-242.6M	-898.0M	-1.40B
Net VEX	-10.1M	-11.0M	-9.5M	-9.9M	-11.0M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.62	0.33	1.26	0.57	0.57
Total Volume	83,670.182	44,463	219,531	49,172	117,634
Total OI	1,013,587.364	930,792	1,101,415	930,792	1,091,133

Daily Data (22 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
2025-07-01	$76.36	$70.00	47.5%	13.3%	55.9%	19.5%	47.0%	1.8%	0.5%	27.0M	-898.0M	-9.9M	0.57	23.54	31,389	17,783	472,353	458,439
2025-07-02	$74.00	$70.00	53.5%	14.0%	57.8%	29.0%	48.5%	13.9%	-1.4%	16.0M	-591.0M	-9.9M	0.61	26.47	99,056	60,019	477,558	469,116
2025-07-03	$74.83	$70.00	48.3%	13.9%	53.8%	20.8%	51.9%	-0.6%	0.3%	-3.6M	-676.9M	-10.1M	1.26	55.36	25,796	32,548	488,125	490,733
2025-07-07	$71.64	$70.00	48.0%	14.8%	56.2%	20.2%	51.3%	3.2%	0.4%	4.3M	-283.5M	-9.5M	0.63	46.62	60,446	38,341	460,214	483,107
2025-07-08	$72.33	$70.00	49.9%	14.5%	54.5%	23.2%	49.4%	3.2%	0.6%	6.6M	-351.4M	-9.8M	0.38	50.29	33,005	12,632	478,509	509,550
2025-07-09	$72.27	$70.00	49.5%	14.3%	54.4%	22.6%	49.0%	0.2%	0.3%	5.0M	-337.1M	-9.6M	0.41	51.44	69,058	28,419	476,738	515,703
2025-07-10	$73.01	$70.00	49.0%	14.0%	54.4%	21.9%	49.0%	0.8%	-0.5%	9.0M	-527.3M	-10.0M	0.37	50.26	36,214	13,447	507,063	531,242
2025-07-11	$72.47	$70.00	48.5%	14.0%	54.3%	21.2%	48.2%	1.3%	0.6%	5.1M	-444.9M	-9.9M	0.62	47.03	37,250	23,021	510,875	537,023
2025-07-14	$72.38	$70.00	49.9%	14.3%	54.0%	23.3%	50.4%	1.7%	-1.1%	7.2M	-472.1M	-9.8M	1.18	41.42	35,192	41,624	494,701	519,180
2025-07-15	$72.48	$70.00	50.4%	14.4%	52.5%	24.1%	50.0%	1.5%	-0.8%	5.4M	-464.8M	-9.9M	0.53	48.44	36,753	19,396	498,815	545,448
2025-07-16	$70.80	$70.00	50.0%	14.3%	50.9%	23.4%	50.5%	1.5%	0.6%	-4.4M	-242.6M	-9.8M	1.00	32.79	60,958	61,049	510,575	551,202
2025-07-17	$72.04	$70.00	48.9%	14.1%	51.3%	21.8%	49.1%	1.5%	-0.9%	5.8M	-440.3M	-10.1M	0.50	28.21	37,242	18,679	523,562	569,768
2025-07-18	$74.62	$70.00	48.8%	14.0%	47.7%	21.5%	49.7%	1.3%	-0.5%	28.3M	-807.8M	-10.2M	0.51	21.98	66,570	33,761	527,337	574,078
2025-07-21	$73.15	$70.00	49.4%	14.3%	48.1%	22.5%	50.3%	0.6%	8.7%	3.1M	-486.7M	-10.0M	0.50	12.82	49,572	24,841	416,978	517,269
2025-07-22	$72.06	$70.00	49.8%	14.5%	43.5%	23.1%	50.9%	-0.2%	8.1%	1.6M	-407.4M	-10.3M	0.58	4.46	28,413	16,524	445,034	532,794
2025-07-23	$72.95	$70.00	49.4%	14.4%	36.4%	22.5%	50.6%	0.3%	6.7%	5.9M	-517.7M	-10.4M	0.33	20.24	33,450	11,013	453,651	542,778
2025-07-24	$73.92	$70.00	51.1%	14.3%	36.5%	25.2%	50.5%	0.8%	10.4%	10.5M	-635.0M	-10.4M	0.68	20.82	32,151	21,913	462,195	547,815
2025-07-25	$74.42	$70.00	51.1%	13.6%	31.1%	25.2%	48.1%	0.6%	10.8%	14.8M	-718.6M	-10.5M	0.88	8.33	48,151	42,483	471,081	554,322
2025-07-28	$75.84	$70.00	58.0%	14.4%	30.1%	36.1%	50.1%	-0.1%	-1.4%	13.5M	-827.3M	-10.7M	0.52	19.67	46,167	23,933	456,292	555,282
2025-07-29	$76.89	$70.00	61.6%	15.0%	30.6%	41.7%	52.9%	1.1%	-2.4%	18.5M	-981.9M	-10.7M	0.47	20.87	64,726	30,594	466,278	555,281
2025-07-30	$81.74	$71.00	64.3%	15.5%	37.1%	46.0%	55.2%	-1.5%	-11.5%	29.5M	-1.60B	-10.7M	0.54	33.45	142,188	77,343	481,857	567,868
2025-07-31	$80.80	$72.00	64.3%	15.3%	35.3%	46.1%	54.5%	-0.3%	-3.5%	22.7M	-1.40B	-11.0M	0.57	14.54	75,122	42,512	492,757	598,376