Moderately bullish activity in Marvell (MRVL), with shares up $2.08, or 2.95%, near $72.50. Options volume running well above average with 129k contracts traded and calls leading puts for a put/call ratio of 0.26, compared to a typical level near 0.71. Implied volatility (IV30) is higher by 1.9 points near 52.86,and above the 52wk median, suggesting an expected daily move of $2.41. Put-call skew flattened, suggesting a modestly bullish tone.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on MRVL:
- Marvell to hold a webinar
- ‘Now Is the Time to Buy AMD Stock,’ Says Five-Star Analyst
- Marvell’s Strategic Growth and Market Expansion: A Positive Outlook with 42.9% Expected Share Price Return
- Option traders moderately bearish in Marvell with shares down 0.79%
- Mixed options sentiment in Marvell with shares down 0.36%