Marvell Tech's Options: A Look at What the Big Money is Thinking
Portfolio Pulse from Benzinga Insights
Financial giants have shown a bullish sentiment towards Marvell Tech (NASDAQ:MRVL) through options trading. Analysis reveals 66% of traders are bullish, with a price target range of $60.0 to $75.0. The stock is currently trading at $63.31, down by 1.16%, with the next earnings report due in 15 days.
August 14, 2024 | 8:00 pm
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Financial giants have shown a bullish sentiment towards Marvell Tech through options trading, with 66% of traders being bullish. The stock is currently trading at $63.31, down by 1.16%, with a price target range of $60.0 to $75.0.
The majority of options trades (66%) are bullish, indicating positive sentiment from financial giants. This is likely to drive short-term price appreciation, especially with a price target range of $60.0 to $75.0.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100