Bearish flow noted in Marvell with 14,284 puts trading, or 1.3x expected. Most active are 8/2 weekly 61 puts and Oct-24 55 puts, with total volume in those strikes near 6,100 contracts. The Put/Call Ratio is 1.61, while ATM IV is up over 3 points on the day. Earnings are expected on August 29th.
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