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Mixed options sentiment in Marvell with shares up 0.9%

Mixed options sentiment in Marvell (MRVL), with shares up 67c, or 0.9%, near $74.93. Options volume relatively light with 42k contracts traded and calls leading puts for a put/call ratio of 0.64, compared to a typical level near 0.66. Implied volatility (IV30) dropped 1.65 near 63.52,and above the 52wk median, suggesting an expected daily move of $3.00. Put-call skew steepened, indicating increased demand for downside protection, following a downgrade to Neutral at KGI Securities.Looking ahead: Marvell (MRVL) will report earnings after the close on 2025-08-28.Option markets are pricing in a 50% probability of a move greater than 11.87% or $8.89.

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