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Mixed options sentiment in Marvell with shares up 0.26%

Mixed options sentiment in Marvell (MRVL), with shares up 24c, or 0.26%, near $89.81. Options volume more than double the daily average with 112k contracts traded and calls leading puts for a put/call ratio of 0.57, compared to a typical level near 0.63. Implied volatility (IV30) dropped 0.94 near 58.05,and above the 52wk median, suggesting an expected daily move of $3.28. Put-call skew flattened, suggesting a modestly bullish tone, following an upgrade to Buy at BofA.

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