Moderately bullish activity in Marvell with shares up 0.68%

Moderately bullish activity in Marvell (MRVL), with shares up $1.15, or 0.68%, near $170.07. Options volume roughly in line with average with 59k contracts traded and calls leading puts for a put/call ratio of 0.71, compared to a typical level near 0.76. Implied volatility (IV30) is higher by 1.0 points near 96.26, in the highest 10% of observations over the past year, suggesting an expected daily move of $10.31. Put-call skew steepened, indicating increased demand for downside protection.Looking ahead: Marvell (MRVL) will report earnings after the close on 2026-05-27.Option markets are pricing in a 50% probability of a move greater than 13.23% or $22.51.