Mixed options sentiment in Marvell (MRVL), with shares down $2.11 near $73.43. Options volume relatively light with 28k contracts traded and calls leading puts for a put/call ratio of 0.58, compared to a typical level near 0.7. Implied volatility (IV30) is higher by 2.2 points near 68.21,in the top quartile of the past year, suggesting an expected daily move of $3.16. Put-call skew steepened, indicating increased demand for downside protection.
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