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Bullish flow in Marvell with shares up 0.85%

Bullish flow in Marvell (MRVL), with shares up 79c, or 0.85%, near $93.69. Options volume roughly in line with average with 63k contracts traded and calls leading puts for a put/call ratio of 0.32, compared to a typical level near 0.6. Implied volatility (IV30) is higher by 3.1 points near 76.64, in the highest 10% of observations over the past year, suggesting an expected daily move of $4.52. Put-call skew flattened, suggesting a modestly bullish tone.

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