Moderately bullish activity in Marvell (MRVL), with shares up 18c, or 0.24%, near $73.91. Options volume roughly in line with average with 42k contracts traded and calls leading puts for a put/call ratio of 0.62, compared to a typical level near 0.71. Implied volatility (IV30) is higher by 2.4 points near 71.45,in the top quartile of the past year, suggesting an expected daily move of $3.33. Put-call skew steepened, indicating increased demand for downside protection.
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