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Moderately bullish activity in Marvell with shares up 4.64%

Moderately bullish activity in Marvell (MRVL), with shares up $6.20, or 4.64%, near $139.56. Options volume running well above average with 224k contracts traded and calls leading puts for a put/call ratio of 0.41, compared to a typical level near 0.68. Implied volatility (IV30) is higher by 0.2 points near 60.68,and above the 52wk median, suggesting an expected daily move of $5.33. Put-call skew flattened, suggesting a modestly bullish tone.

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