Financial giants have been notably bearish on Marvell Tech. An analysis of Marvell Tech MRVL’s options history reveals 12 unusual transactions.
Digging into the details, we found that 41% of traders were bullish and 50% were bearish. Of all the trades we looked at, 2 were puts with a value of $559,471 and 10 were calls with a value of $651,910.
Expected price range
Considering the trading volume and open interest of these contracts, it appears that whales have been targeting Marvell Tech in the $60.0 to $100.0 price range over the past three months.
Trading Volume and Open Interest Trends
In terms of liquidity and interest, the average open interest in Marvell Tech options contracts today is 1383.0 with a total trading volume of 2,973.00.
In the following chart you can track the movement of trading volume and open interest for Marvell Tech’s big money traded call and put options within the strike price range of $60.0 to $100.0 over the past 30 days.
Marvel Tech Options Activity Analysis: Last 30 Days
The biggest options found are:
Symbol PUT/CALL Trade Type Sentiment Exp. Date Sell Buy Price Strike Total Trade Price Open Interest Volume MRVL Put Trades Bullish 06/20/25 $9.55 $9.4 $9.4 $70.00 $470.0K 1.0K 501 MRVL Call Sweep Bearish 01/17/25 $14.35 $14.25 $14.25 $60.00 $237.9K 1.3K 170 MRVL Call Sweep Bearish 01/17/25 $14.3 $14.25 $14.25 $60.00 $158.1K 1.3K 304 MRVL Put Trades Neutral 11/15/24 $2.93 $2.6 $2.77 $67.50 $89.4K 2.2K 0 MRVL Call Sweep Bearish 01/17/25 $14.15 $14.0 $14.0 $60.00 $43.4K 1.3K 329
About MarvelTech
Marvell Technology is a fabless chip design company focused on wired networking, with the second largest market share in the segment. Marvell provides processors, optical transceivers, copper transceivers, switches and storage controllers to data center, carrier, enterprise, automotive and consumer end markets.
Given Marvell Tech’s recent options history, it is appropriate to focus on the company itself, and we want to investigate its current performance.
Marvel Tech’s current market situation
On a trading volume of 3,887,830, MRVL’s price fell -0.49% to $70.85. The current RSI reading indicates that the stock may be approaching overbought status. The next earnings report is scheduled for 65 days from now.
Expert opinion on Marvell Tech
Five market experts have recently issued their ratings on the stock, with the consensus target price coming in at $104.6.
Unusual Options Trading Detected: Smart Money Movement
Benzinga Edge’s Unusual Options board gives you advance insight into potential market movements. See what positions big investors are taking in your favorite stocks. Click here to access: * Analysts at Piper Sandler downgraded their rating to Overweight and adjusted their price target to $100. * Analysts at B of A Securities maintain their rating consistent with a Buy rating on Marvell Tech with a price target of $90. * Analysts at Benchmark maintain their rating consistent with a Buy rating on Marvell Tech with a price target of $115. * Analysts at Evercore ISI Group maintain their rating consistent with an Outperform rating on Marvell Tech with a price target of $98. * Analysts at Rosenblatt maintain their Buy rating on Marvell Tech with a price target of $120.
Options trading involves higher risks and potential rewards. Smart traders manage these risks by continually self-educating themselves, adapting their strategies, monitoring multiple indicators and closely watching market movements. Stay up to date on the latest Marvell Tech options trades with Benzinga Pro’s real-time alerts.
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