Moderately bullish activity in Marvell (MRVL), with shares up $7.08, or 7.15%, near $106.14. Options volume running well above average with 245k contracts traded and calls leading puts for a put/call ratio of 0.42, compared to a typical level near 0.74. Implied volatility (IV30) is higher by 1.3 points near 57.52,and below the 52wk median, suggesting an expected daily move of $3.85. Put-call skew flattened, suggesting a modestly bullish tone.
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