MRVL Options History — October 2025

In October 2025, MRVL traded between $81.18 and $93.34. ATM implied volatility averaged 58.2%, placing in the 36.4% IV rank vs the trailing year. The 30-day expected move averaged 16.5%. IV traded above realized volatility by 14.3% (HV 20d: 43.9%). Max pain ranged from $70.00 to $80.00. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 12 of 23 days. Put/call ratio averaged 0.53.

Notable Days

2025-10-31: Highest Volume — 208,015 contracts
2025-10-31: Largest IV spike — 11.8% change
2025-10-31: Highest IV Rank — 50.3%
2025-10-16: Largest Expected Move — 18.3%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$87.51	$81.18	$93.34	$83.52	$93.34
Max Pain	$78.04	$70.00	$80.00	$70.00	$80.00
ATM IV	58.2%	50.3%	67.0%	51.1%	67.0%
Expected Move	16.5%	14.1%	18.3%	14.7%	17.7%
HV 20d	43.9%	38.4%	49.5%	39.5%	44.6%
HV 60d	62.4%	60.8%	64.0%	61.2%	61.4%
IV Rank	36.4%	23.9%	50.3%	25.3%	50.3%
IV Percentile	60.5%	41.3%	81.7%	46.4%	81.7%
Term Structure	1.4%	-3.7%	10.8%	0.5%	10.8%
VWIV	58.3%	49.9%	64.3%	52.5%	61.5%
Skew 25d	-0.6%	-7.3%	4.0%	-1.5%	4.0%
Skew 10d	0.5%	-18.4%	26.2%	-1.4%	6.2%
Call IV 25d	58.3%	50.7%	65.6%	52.3%	60.5%
Put IV 25d	57.7%	50.6%	65.5%	50.8%	64.5%
Bid-Ask Spread %	24.53	11.33	37.76	20.77	17.35
Gamma HHI	0.08	0.05	0.10	0.08	0.08
Net GEX	38.3M	3.6M	65.9M	45.7M	54.5M
Net DEX	-2.19B	-3.16B	-793.6M	-2.06B	-2.73B
Net VEX	-15.9M	-16.5M	-15.3M	-15.4M	-15.9M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.53	0.22	1.07	0.53	0.46
Total Volume	92,540.174	46,778	208,015	69,074	208,015
Total OI	1,417,750.217	1,268,222	1,534,697	1,408,086	1,431,446

Daily Data (23 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
2025-10-01	$83.52	$70.00	51.1%	14.7%	39.5%	25.3%	52.5%	-1.5%	0.5%	45.7M	-2.06B	-15.4M	0.53	20.77	45,153	23,921	648,124	759,962
2025-10-02	$86.60	$75.00	52.0%	14.9%	39.8%	26.7%	52.5%	-1.8%	0.2%	58.6M	-2.64B	-15.3M	0.22	24.45	134,238	29,708	662,352	773,629
2025-10-03	$86.37	$75.00	50.3%	14.1%	39.3%	23.9%	49.9%	-0.1%	0.2%	65.9M	-2.62B	-15.3M	0.63	25.44	53,274	33,399	682,256	784,172
2025-10-06	$88.54	$75.00	54.3%	15.1%	38.4%	30.2%	54.0%	-2.1%	-0.9%	49.8M	-2.67B	-15.3M	0.45	17.44	99,474	44,516	638,050	752,285
2025-10-07	$87.00	$75.00	54.7%	15.3%	40.0%	30.9%	54.7%	-2.1%	-0.9%	46.0M	-2.37B	-15.7M	0.50	20.39	52,852	26,315	658,866	769,332
2025-10-08	$91.75	$75.00	56.0%	15.8%	42.3%	33.0%	55.9%	3.0%	-0.6%	55.9M	-3.16B	-15.7M	0.30	18.48	103,667	31,292	668,138	770,831
2025-10-09	$91.03	$75.00	56.7%	16.1%	42.7%	34.1%	56.7%	-0.7%	-0.6%	60.2M	-3.09B	-16.1M	0.45	21.49	52,589	23,404	701,378	777,129
2025-10-10	$87.17	$75.00	61.2%	17.5%	47.5%	41.1%	61.2%	0.6%	-3.7%	46.8M	-2.32B	-16.5M	0.49	30.57	98,113	48,307	704,211	786,343
2025-10-13	$89.43	$80.00	59.8%	16.6%	47.3%	38.9%	59.2%	2.3%	-1.3%	47.0M	-2.61B	-16.3M	0.40	26.01	41,754	16,546	683,188	780,230
2025-10-14	$86.78	$80.00	59.7%	16.8%	49.5%	38.8%	59.7%	0.5%	-1.0%	44.4M	-2.25B	-16.2M	0.52	32.88	43,312	22,413	696,179	785,267
2025-10-15	$88.96	$80.00	62.4%	17.7%	49.1%	43.1%	62.4%	-2.9%	-1.7%	51.3M	-2.57B	-16.4M	0.36	34.20	72,231	26,298	709,844	788,064
2025-10-16	$88.06	$80.00	65.8%	18.3%	47.9%	48.4%	64.3%	-0.1%	-2.5%	53.8M	-2.48B	-16.5M	0.37	30.17	64,432	23,994	728,556	797,446
2025-10-17	$87.86	$80.00	59.5%	16.8%	47.7%	38.5%	61.2%	0.1%	-1.4%	28.4M	-2.38B	-16.2M	0.51	34.35	59,322	30,039	731,030	803,667
2025-10-20	$86.06	$80.00	59.8%	16.9%	48.4%	38.9%	59.7%	0.3%	3.6%	17.3M	-1.54B	-15.9M	0.71	37.76	41,136	29,287	574,958	693,264
2025-10-21	$84.54	$80.00	57.9%	16.6%	48.4%	36.0%	58.6%	1.9%	-0.7%	12.4M	-1.30B	-15.9M	0.71	11.33	32,154	22,719	591,561	714,181
2025-10-22	$81.18	$80.00	59.3%	17.0%	43.2%	38.2%	59.6%	2.6%	2.6%	3.6M	-793.6M	-15.9M	1.07	29.77	41,044	43,869	595,990	725,440
2025-10-23	$82.52	$80.00	56.8%	16.3%	40.1%	34.2%	57.4%	-0.8%	0.4%	5.9M	-1.05B	-15.8M	0.80	22.92	25,989	20,789	603,849	745,035
2025-10-24	$84.86	$80.00	56.0%	16.1%	41.2%	33.0%	56.8%	-1.9%	1.0%	17.3M	-1.41B	-15.9M	0.69	17.34	40,519	27,978	615,152	753,213
2025-10-27	$88.30	$80.00	57.5%	16.8%	43.3%	35.3%	59.7%	-6.8%	8.4%	23.2M	-1.88B	-15.7M	0.34	21.60	69,482	23,455	594,051	738,034
2025-10-28	$89.13	$80.00	59.1%	17.5%	43.4%	37.9%	60.5%	-1.1%	5.6%	29.6M	-2.02B	-16.1M	0.45	20.10	50,578	22,578	623,878	742,928
2025-10-29	$90.31	$80.00	61.0%	18.0%	43.5%	40.8%	63.3%	-7.3%	8.4%	35.6M	-2.24B	-16.1M	0.69	28.50	41,486	28,569	647,672	754,399
2025-10-30	$89.31	$80.00	59.9%	17.3%	42.1%	39.1%	60.5%	0.9%	6.7%	28.4M	-2.09B	-15.7M	0.64	20.90	35,508	22,706	652,688	769,987
2025-10-31	$93.34	$80.00	67.0%	17.7%	44.6%	50.3%	61.5%	4.0%	10.8%	54.5M	-2.73B	-15.9M	0.46	17.35	142,311	65,704	658,090	773,356