Smart Money Is Betting Big In MRVL Options
Portfolio Pulse from Benzinga Insights
Significant investors are showing a mixed but slightly bullish stance on Marvell Technology (MRVL) through options trading. The options activity suggests a price range of $65 to $85 for MRVL, with a current trading price of $70.92. The stock is down by 1.66% and may be approaching overbought territory.
October 01, 2024 | 3:16 pm
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Options trading on Marvell Technology (MRVL) shows a mixed sentiment with a slight bullish tilt. The stock is currently trading at $70.92, down 1.66%, and may be approaching overbought levels.
The options trading activity for MRVL shows a balanced sentiment with both bullish and bearish trades. However, the total amount for calls is higher than for puts, indicating a slight bullish sentiment. The current stock price is down, and RSI suggests it may be overbought, which could lead to short-term volatility.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100