MRVL Options History — January 2026

In January 2026, MRVL traded between $78.70 and $90.48. ATM implied volatility averaged 51.1%, placing in the 15.5% IV rank vs the trailing year. The 30-day expected move averaged 14.4%. IV traded above realized volatility by 11.5% (HV 20d: 39.6%). Max pain ranged from $80.00 to $85.00. Net GEX was positive for 7 of 20 trading days. Term structure was in contango for 12 of 20 days. Put/call ratio averaged 0.67.

Notable Days

  • 2026-01-15: Highest Volume — 105,397 contracts
  • 2026-01-29: Largest IV spike — 7.9% change
  • 2026-01-29: Highest IV Rank — 26.1%
  • 2026-01-28: Largest Expected Move — 15.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$83.01$78.70$90.48$89.34$78.70
Max Pain$84.40$80.00$85.00$80.00$83.00
ATM IV51.1%47.7%57.1%47.7%55.1%
Expected Move14.4%13.7%15.1%13.8%15.0%
HV 20d39.6%33.1%50.0%50.0%38.3%
HV 60d53.4%52.3%54.9%54.9%52.3%
IV Rank15.5%9.4%26.1%9.4%22.6%
IV Percentile31.4%17.5%49.2%17.5%44.8%
Term Structure2.5%-2.3%10.8%1.7%10.8%
VWIV51.2%48.2%53.9%49.6%53.0%
Skew 25d0.2%-1.6%2.8%-0.6%0.3%
Skew 10d2.0%-7.2%15.4%14.8%2.2%
Call IV 25d51.3%47.4%53.6%48.9%53.4%
Put IV 25d51.4%48.0%54.3%48.3%53.7%
Bid-Ask Spread %33.8620.9053.7722.6527.96
Gamma HHI0.060.040.100.100.06
Net GEX-2.5M-19.2M38.8M38.8M-19.2M
Net DEX-380.3M-1.27B71.3M-1.23B71.3M
Net VEX-12.4M-12.6M-12.3M-12.4M-12.4M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.670.371.350.510.71
Total Volume66,415.846,882105,39765,18150,997
Total OI1,086,857.3924,2301,243,8271,136,7651,025,404

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2026-01-02$89.34$80.0047.7%13.8%50.0%9.4%49.6%-0.6%1.7%38.8M-1.23B-12.4M0.5122.6543,25421,927490,021646,744
2026-01-05$90.48$80.0051.1%14.4%49.8%15.5%50.7%-0.4%0.1%22.2M-1.27B-12.4M0.4833.3041,52519,926471,652637,154
2026-01-06$88.56$85.0052.8%14.5%49.8%18.5%51.8%0.8%-1.3%16.3M-985.1M-12.5M0.4441.6865,05228,619483,565642,838
2026-01-07$84.37$85.0050.6%14.4%46.8%14.5%50.7%-0.2%1.9%-2.8M-452.9M-12.3M1.0536.9640,83142,815493,738654,549
2026-01-08$83.35$85.0049.3%14.0%44.7%12.1%49.8%0.7%0.5%-9.7M-299.4M-12.4M0.4044.8041,82916,740507,941680,843
2026-01-09$83.44$85.0048.5%13.8%41.5%10.8%48.2%0.8%-0.9%-8.4M-352.7M-12.3M1.1253.7731,71635,609515,948686,628
2026-01-12$83.07$85.0049.2%13.9%40.1%12.1%48.9%-1.0%-0.9%-5.9M-343.9M-12.3M0.8044.1141,85333,465494,035683,303
2026-01-13$82.93$85.0051.0%14.1%35.1%15.3%50.3%-0.4%-0.1%-3.0M-347.0M-12.4M0.3947.9934,58413,636516,728690,121
2026-01-14$80.31$85.0051.6%14.5%36.8%16.3%52.6%2.8%-1.0%-15.4M-30.6M-12.4M0.6237.7044,78027,664517,838691,115
2026-01-15$80.66$85.0051.2%14.3%36.9%15.7%51.1%0.1%-1.8%-15.9M-125.3M-12.4M1.3539.7144,80060,597534,998700,043
2026-01-16$80.56$85.0049.1%13.7%35.7%11.8%49.5%-0.8%-2.3%-18.7M-176.5M-12.4M0.8348.5236,71230,492546,232697,595
2026-01-20$79.77$85.0051.9%14.8%33.1%16.9%52.4%0.6%-0.1%-10.7M-50.0M-12.3M0.5223.7845,91023,682389,177535,053
2026-01-21$82.80$85.0050.7%14.5%36.0%14.8%51.2%1.0%1.8%803.8K-348.5M-12.6M0.4724.3240,78319,004400,074544,338
2026-01-22$82.98$85.0049.8%14.2%36.0%13.1%50.5%-0.6%0.8%3.1M-382.6M-12.6M0.5425.1930,50016,382407,164549,713
2026-01-23$80.15$85.0049.5%14.1%35.1%12.5%50.5%-1.6%0.5%-14.7M-59.3M-12.3M0.9325.4234,66832,182418,428554,649
2026-01-26$81.65$85.0051.9%14.7%35.8%16.8%51.9%0.7%8.7%-6.6M-235.7M-12.4M0.5220.9039,12420,150400,215549,159
2026-01-27$82.97$85.0051.9%14.8%36.4%16.8%53.9%0.1%10.8%2.4M-407.3M-12.5M0.7326.4936,43926,608418,111558,159
2026-01-28$83.35$85.0052.9%15.1%36.4%18.7%53.9%0.7%10.0%5.4M-444.2M-12.6M0.5524.5732,26817,664428,526564,456
2026-01-29$80.82$85.0057.1%15.0%37.6%26.1%53.8%0.6%10.7%-7.5M-127.5M-12.6M0.3727.3946,53316,996438,748572,143
2026-01-30$78.70$83.0055.1%15.0%38.3%22.6%53.0%0.3%10.8%-19.2M71.3M-12.4M0.7127.9629,76521,232448,020577,384