Looking At Marvell Tech's Recent Unusual Options Activity
Portfolio Pulse from Benzinga Insights
Unusual options activity has been observed in Marvell Tech (NASDAQ: MRVL), with a large bullish position appearing on Benzinga's options scanner. The overall sentiment of these big-money traders is 76% bullish and 23% bearish. The targeted price range for Marvell Tech over the last 3 months is $45.0 to $95.0.
June 07, 2023 | 3:08 pm
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Marvell Tech has seen unusual options activity, with a large bullish position and a targeted price range of $45.0 to $95.0 over the last 3 months.
The unusual options activity in Marvell Tech, with a large bullish position and a targeted price range of $45.0 to $95.0 over the last 3 months, indicates that big-money traders are expecting the stock price to rise in the short term. This could lead to increased buying pressure and a potential increase in the stock price.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100