MRVL
Marvell Technology, Inc.Close $281.26EOD onlyThis page reflects MRVL options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.
Historical consensus-supported lens with full content, report chain context, and metric rail.
Outlook
Bearish bias on MRVL due to high vol, bearish flow, negative dealer gamma, and spot below max pain. Risk to test $228.24 support over 2 weeks.
Conflicts: Positive dealer delta may cushion, VIX not extreme
Regime Classification
Price Range Forecast
Key Levels
Dealer Positioning (GEX/DEX)
GEX: $-8.2M
DEX: +50.6M shares
Gamma flip: N/A
NTM gamma: GEX -$8.2M (short gamma bearish); DEX +50.6M shares (long delta). No gamma flip nearby.
IV Analysis
IV vs VIX: Ticker IV likely above VIX, reflecting stock-specific risk
Term structure: Contango with kinks at Jun26 expiry; near-term vol higher
Skew: Put skew elevated; consider bear put spreads for defined risk
Flow Analysis
Net premium: Net premium -27.1M, put/call vol ratio 1.33, OI ratio 1.17, bearish flow.
Directional prints: 171.1 put 155 OTM 2026-07-02 — Vol 36954, OI 2332, vol/OI 15.8. High IV, deep OTM. Likely bought puts for downside protection or speculation. Bearish (if bought). Preferred read: aggressive bearish bet. 16.7 call 267.5 OTM 2026-06-26 — Vol 5707, OI 149, vol/OI 38.3. Low IV, high vol/OI. Likely sold calls by large holder. Bearish (if sold). Preferred read: bearish sold calls. 90.5 put 257.5 OTM 2026-07-02 — Vol 586, OI 142, vol/OI 4.1. Moderate IV. Could be bought or sold. Given bearish flow, likely bought puts. Preferred read: bearish put buy.
Unusual: 171.1 put 155 OTM 2026-07-02 — Extreme IV 171%, deep OTM put. Vol far above OI, suggests new position. Likely aggressive bearish hedge or speculation. 16.7 call 267.5 OTM 2026-06-26 — Vol/OI ratio of 38.3 with low IV suggests heavy call selling. Bearish pressure near resistance. 84.1 call 285 OTM 2026-07-02 — Vol 2796, OI 352, vol/OI 7.9. High IV, OTM call. Possibly bought calls for upside, but flow context suggests selling. Unusual given high IV.
Risks & Catalysts
Strategy Viability
| Strategy | Edge | Best Setup | Primary Risk |
|---|---|---|---|
| Bear put spread | Moderate-Strong | Buy 2026-07-10 $260.00/$240.00 put spread Why now: Sell put spread to profit from continued decline with defined risk; high IV inflates premium, but bearish bias offsets | Support at $228.24 may hold; positive dealer delta could lift spot; short squeeze risk |
| Long put | Moderate | Buy 2026-07-10 $260.00 put Why now: High vol and bearish flow justify long put for convexity; target near-term decline | Time decay with high IV if move delayed; support bounce could cause loss |
| Call credit spread | Moderate | Sell 2026-07-10 $297.50/$325.00 call spread Why now: Bearish bias favors selling call spreads; high IV inflates credit; spot likely stays below near-term resistance | Positive dealer gamma could lift spot; upside breakout risk from short covering |
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Tactical Summary
Each report translates the same market-close options snapshot into a specific lens such as directional bias, premium-selling posture, flow quality, or earnings setup.
Reports are most useful for narrowing the playbook, surfacing entry and risk context, and deciding which raw data page to inspect next.
These are interpretation layers, not execution guarantees. Validate the setup against chain liquidity, expected move, and exposure before sizing risk.