Financial giants have made a conspicuous bullish move on Marvell Tech. Our analysis of options history for Marvell Tech MRVL revealed 22 unusual trades.
Delving into the details, we found 59% of traders were bullish, while 36% showed bearish tendencies. Out of all the trades we spotted, 5 were puts, with a value of $195,475, and 17 were calls, valued at $1,746,634.
Projected Price Targets
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $57.5 and $110.0 for Marvell Tech, spanning the last three months.
Volume & Open Interest Development
Looking at the volume and open interest is a powerful move while trading options. This data can help you track the liquidity and interest for Marvell Tech's options for a given strike price. Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Marvell Tech's whale trades within a strike price range from $57.5 to $110.0 in the last 30 days.
Marvell Tech Option Activity Analysis: Last 30 Days
Biggest Options Spotted:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| MRVL | CALL | TRADE | BULLISH | 06/20/25 | $4.1 | $4.05 | $4.1 | $110.00 | $184.9K | 1.2K | 156 |
| MRVL | CALL | SWEEP | BULLISH | 07/19/24 | $2.02 | $1.98 | $2.0 | $72.50 | $180.2K | 8.3K | 199 |
| MRVL | CALL | SWEEP | BEARISH | 06/20/25 | $4.15 | $4.05 | $4.1 | $110.00 | $164.8K | 1.2K | 156 |
| MRVL | CALL | SWEEP | BULLISH | 08/16/24 | $2.45 | $2.42 | $2.45 | $75.00 | $153.4K | 6.4K | 2.5K |
| MRVL | CALL | SWEEP | BULLISH | 08/16/24 | $2.66 | $2.63 | $2.65 | $75.00 | $132.2K | 6.4K | 5.7K |
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.
Present Market Standing of Marvell Tech
- Currently trading with a volume of 5,604,702, the MRVL's price is up by 1.37%, now at $69.67.
- RSI readings suggest the stock is currently may be approaching overbought.
- Anticipated earnings release is in 55 days.
What The Experts Say On Marvell Tech
Over the past month, 5 industry analysts have shared their insights on this stock, proposing an average target price of $90.6.
- Reflecting concerns, an analyst from Needham lowers its rating to Buy with a new price target of $95.
- Maintaining their stance, an analyst from B. Riley Securities continues to hold a Buy rating for Marvell Tech, targeting a price of $100.
- Consistent in their evaluation, an analyst from Evercore ISI Group keeps a Outperform rating on Marvell Tech with a target price of $91.
- Consistent in their evaluation, an analyst from Morgan Stanley keeps a Equal-Weight rating on Marvell Tech with a target price of $77.
- An analyst from Oppenheimer downgraded its action to Outperform with a price target of $90.
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.
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