Marvell Tech Unusual Options Activity

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Whales with a lot of money to spend have taken a noticeably bullish stance on Marvell Tech.

Looking at options history for Marvell Tech MRVL we detected 32 trades.

If we consider the specifics of each trade, it is accurate to state that 46% of the investors opened trades with bullish expectations and 34% with bearish.

From the overall spotted trades, 8 are puts, for a total amount of $3,314,666 and 24, calls, for a total amount of $1,337,173.

Predicted Price Range

Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $60.0 to $140.0 for Marvell Tech during the past quarter.

Analyzing Volume & Open Interest

Examining the volume and open interest provides crucial insights into stock research. This information is key in gauging liquidity and interest levels for Marvell Tech's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across Marvell Tech's significant trades, within a strike price range of $60.0 to $140.0, over the past month.

Marvell Tech 30-Day Option Volume & Interest Snapshot

Options Call Chart

Noteworthy Options Activity:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Ask Bid Price Strike Price Total Trade Price Open Interest Volume
MRVL PUT TRADE BULLISH 03/21/25 $11.6 $11.45 $11.46 $115.00 $2.9M 2.9K 2.6K
MRVL CALL SWEEP BULLISH 01/31/25 $4.3 $4.15 $4.3 $107.00 $178.4K 2.7K 751
MRVL CALL SWEEP BEARISH 08/15/25 $23.85 $23.1 $23.1 $100.00 $115.5K 114 50
MRVL CALL TRADE BULLISH 01/15/27 $24.05 $23.6 $24.05 $140.00 $108.2K 260 46
MRVL PUT SWEEP BULLISH 03/21/25 $12.2 $12.15 $12.15 $115.00 $75.3K 2.9K 20

About Marvell Tech

Marvell Technology is a fabless chip designer focused on wired networking, where it has the second-highest market share. Marvell serves the data center, carrier, enterprise, automotive, and consumer end markets with processors, optical and copper transceivers, switches, and storage controllers.

After a thorough review of the options trading surrounding Marvell Tech, we move to examine the company in more detail. This includes an assessment of its current market status and performance.

Where Is Marvell Tech Standing Right Now?

  • Currently trading with a volume of 5,323,561, the MRVL's price is up by 3.17%, now at $110.17.
  • RSI readings suggest the stock is currently is currently neutral between overbought and oversold.
  • Anticipated earnings release is in 35 days.

Expert Opinions on Marvell Tech

Over the past month, 5 industry analysts have shared their insights on this stock, proposing an average target price of $140.0.

Unusual Options Activity Detected: Smart Money on the Move

Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. Click here for access. * Consistent in their evaluation, an analyst from Wells Fargo keeps a Overweight rating on Marvell Tech with a target price of $140. * Maintaining their stance, an analyst from Stifel continues to hold a Buy rating for Marvell Tech, targeting a price of $130. * Maintaining their stance, an analyst from Craig-Hallum continues to hold a Buy rating for Marvell Tech, targeting a price of $149. * Consistent in their evaluation, an analyst from Goldman Sachs keeps a Buy rating on Marvell Tech with a target price of $131. * An analyst from Barclays has decided to maintain their Overweight rating on Marvell Tech, which currently sits at a price target of $150.

Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.

If you want to stay updated on the latest options trades for Marvell Tech, Benzinga Pro gives you real-time options trades alerts.

Market News and Data brought to you by Benzinga APIs
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