Spotlight on Marvell Tech: Analyzing the Surge in Options Activity
Portfolio Pulse from Benzinga Insights
Marvell Tech (NASDAQ:MRVL) has seen a surge in options activity, with a mix of bullish and bearish trades. The options trades suggest a focus on a price range of $62.5 to $90.0. The stock price has risen by 2.42% to $71.0, and the next earnings report is due in 10 days.
August 19, 2024 | 8:30 pm
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Marvell Tech has experienced significant options activity, indicating potential price movements. The stock is currently up 2.42% and is nearing its earnings report, which could further influence its price.
The surge in options activity, with a mix of bullish and bearish trades, suggests that investors are anticipating significant price movements. The stock's current rise and the upcoming earnings report add to the potential for short-term price changes.
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