Behind the Scenes of Marvell Tech's Latest Options Trends
Portfolio Pulse from Benzinga Insights
Financial giants have shown a bullish trend in Marvell Tech's options trading, with 77% of trades being bullish. Significant investors are targeting a price range of $60.0 to $90.0 for Marvell Tech (NASDAQ:MRVL). The stock is currently trading at $76.88, with an anticipated earnings release in 2 days.
May 28, 2024 | 5:01 pm
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POSITIVE IMPACT
Marvell Tech has seen a significant bullish trend in options trading, with 77% of trades being bullish. Investors are targeting a price range of $60.0 to $90.0. The stock is currently trading at $76.88, with an anticipated earnings release in 2 days.
The significant bullish trend in options trading and the targeted price range of $60.0 to $90.0 indicate strong investor confidence in Marvell Tech. The current trading price of $76.88 and the upcoming earnings release in 2 days could further influence the stock's short-term performance.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100