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.
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- Option traders moderately bearish in Marvell with shares down 0.79%
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