Mixed options sentiment in Marvell with shares down 0.36%

Mixed options sentiment in Marvell (MRVL), with shares down 25c near $68.89. Options volume relatively light with 58k contracts traded and calls leading puts for a put/call ratio of 0.43, compared to a typical level near 0.71. Implied volatility (IV30) dropped 1.59 near 49.04,and below the 52wk median, suggesting an expected daily move of $2.13. Put-call skew steepened, indicating increased demand for downside protection.