Investors with a lot of money to spend have taken a bearish stance on Marvell Tech (NASDAQ:MRVL).
And retail traders should know.
We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga.
Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with MRVL, it often means somebody knows something is about to happen.
So how do we know what these investors just did?
Today, Benzinga's options scanner spotted 22 uncommon options trades for Marvell Tech.
This isn't normal.
The overall sentiment of these big-money traders is split between 36% bullish and 50%, bearish.
Out of all of the special options we uncovered, 6 are puts, for a total amount of $198,955, and 16 are calls, for a total amount of $820,119.
Expected Price Movements
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $35.0 and $110.0 for Marvell Tech, spanning the last three months.
Insights into Volume & Open Interest
In terms of liquidity and interest, the mean open interest for Marvell Tech options trades today is 1281.68 with a total volume of 2,646.00.
In the following chart, we are able to follow the development of volume and open interest of call and put options for Marvell Tech's big money trades within a strike price range of $35.0 to $110.0 over the last 30 days.
Marvell Tech Call and Put Volume: 30-Day Overview
Biggest Options Spotted:
Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
---|---|---|---|---|---|---|---|---|---|---|---|
MRVL | CALL | SWEEP | BEARISH | 03/21/25 | $9.35 | $9.15 | $9.15 | $100.00 | $183.0K | 3.3K | 200 |
MRVL | CALL | SWEEP | BULLISH | 12/20/24 | $12.45 | $12.35 | $12.4 | $85.00 | $94.2K | 7.4K | 137 |
MRVL | CALL | SWEEP | BEARISH | 01/16/26 | $49.5 | $48.9 | $49.13 | $50.00 | $73.7K | 155 | 15 |
MRVL | CALL | SWEEP | NEUTRAL | 03/21/25 | $9.15 | $9.1 | $9.15 | $100.00 | $54.9K | 3.3K | 261 |
MRVL | PUT | SWEEP | BEARISH | 03/21/25 | $19.5 | $19.45 | $19.5 | $110.00 | $46.8K | 4 | 42 |
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.
Having examined the options trading patterns of Marvell Tech, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance
Marvell Tech's Current Market Status
- With a trading volume of 4,749,002, the price of MRVL is up by 2.59%, reaching $92.97.
- Current RSI values indicate that the stock is may be overbought.
- Next earnings report is scheduled for 25 days from now.
Professional Analyst Ratings for Marvell Tech
1 market experts have recently issued ratings for this stock, with a consensus target price of $91.0.
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20-year pro options trader reveals his one-line chart technique that shows when to buy and sell. Copy his trades, which have had averaged a 27% profit every 20 days. Click here for access.* An analyst from Citigroup persists with their Buy rating on Marvell Tech, maintaining a target price of $91.
Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest Marvell Tech options trades with real-time alerts from Benzinga Pro.