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Mixed options sentiment in Marvell with shares down 1.33%

Mixed options sentiment in Marvell (MRVL), with shares down 85c near $63.25. Options volume roughly in line with average with 100k contracts traded and calls leading puts for a put/call ratio of 0.52, compared to a typical level near 0.7. Implied volatility (IV30) is higher by 0.6 points near 42.22,in the lowest 10% of observations over the past year, suggesting an expected daily move of $1.68. Put-call skew flattened, suggesting a modestly bullish tone, following a downgrade to Neutral at BofA.

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