Market Whales and Their Recent Bets on MRVL Options
Portfolio Pulse from Benzinga Insights
Market whales have shown a bullish stance on Marvell Tech (NASDAQ:MRVL) with significant options trading activity. 52% of the trades were bullish, and the predicted price range is between $52.5 and $92.5. The stock is currently trading at $73.21, down by 1.69%, with an upcoming earnings report in 9 days.
May 21, 2024 | 4:01 pm
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Market whales have shown a bullish stance on Marvell Tech with significant options trading activity. 52% of the trades were bullish, and the predicted price range is between $52.5 and $92.5. The stock is currently trading at $73.21, down by 1.69%, with an upcoming earnings report in 9 days.
The significant bullish options activity by market whales suggests positive sentiment towards Marvell Tech. The predicted price range and upcoming earnings report could drive short-term price movements.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100