Bearish flow noted in Marvell (MRVL) with 38,504 puts trading, or 3x expected. Most active are 11/1 weekly 60 puts and 11/29 weekly 68 puts, with total volume in those strikes near 23,600 contracts. The Put/Call Ratio is 2.64, while ATM IV is up over 1 point on the day. Earnings are expected on December 5th.
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