Mixed options sentiment in Marvell (MRVL), with shares up $4.23, or 4.81%, near $92.09. Options volume roughly in line with average with 61k contracts traded and calls leading puts for a put/call ratio of 0.38, compared to a typical level near 0.69. Implied volatility (IV30) dropped 0.87 near 53.22,and below the 52wk median, suggesting an expected daily move of $3.09. Put-call skew steepened, indicating increased demand for downside protection.
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