Moderately bullish activity in Marvell (MRVL), with shares up 2c, or 0.04%, near $71.25. Options volume relatively light with 61k contracts traded and calls leading puts for a put/call ratio of 0.99, compared to a typical level near 0.63. Implied volatility (IV30) is higher by 0.4 points near 66.77,in the top quartile of the past year, suggesting an expected daily move of $3.00. Put-call skew steepened, indicating increased demand for downside protection, following a downgrade to Neutral at KGI Securities.Looking ahead: Marvell (MRVL) will report earnings after the close on 2025-08-28.Option markets are pricing in a 50% probability of a move greater than 11.63% or $8.29.
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