Smart Money Is Betting Big In MRVL Options
Portfolio Pulse from Benzinga Insights
Deep-pocketed investors are showing significant interest in Marvell Tech (NASDAQ:MRVL) options, with a slight bearish sentiment. Benzinga's options scanner revealed 9 extraordinary options activities, with 55% of investors leaning bearish. The trading focus is on a price range between $52.5 and $90.0.
October 11, 2024 | 5:47 pm
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Significant options activity in Marvell Tech (MRVL) suggests potential price movements. With 55% of investors showing a bearish sentiment, the focus is on a price range between $52.5 and $90.0.
The article highlights a substantial interest in MRVL options, with a majority of investors adopting a bearish stance. This suggests potential downward pressure on the stock price in the short term. The focus on a specific price range indicates where investors expect the stock to move.
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