Pre-earnings options volume in Marvell is 1.7x normal with calls leading puts 9:5. Implied volatility suggests the market is anticipating a move near 7.0%, or $5.41, after results are released. Median move over the past eight quarters is 6.7%.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on MRVL:
- Options Volatility and Implied Earnings Moves Today, May 30, 2024
- Is MRVL a Buy, Before Earnings?
- Options Volatility and Implied Earnings Moves This Week, May 28 – May 30, 2024
- Dell, Salesforce among ‘boring but wonderful’ tech stocks, Barron’s says
- Nvidia and Marvell: Jefferies Picks the Best AI Chip Stocks to Buy Ahead of Earnings