thetaOwl
HomeOptionsMRVLReports

MRVL

Marvell Technology, Inc.Close $279.70EOD only
Max Pain
$160.00
Next expiry Jun 18, 2026
Expected Move
±$30.78
11.0% from close
Price Gap
-119.70
Distance to max pain
IV Rank
93
High premium
P/C OI
1.10
Balanced positioning
Consensus
7.0/10
Bullish tilt
Published snapshot: Jun 12, 2026 close
End-of-day snapshot

This page reflects MRVL options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.

Published Snapshot
Jun 12, 2026 close
MRVL Earnings Report
Analysis based on market close June 11, 2026
DirectionalTheta GangFlowEarningsConsensus

Historical consensus-supported lens with full content, report chain context, and metric rail.

You are viewing an older report from June 11, 2026. A newer earnings report is available for June 12, 2026.

View latest report

Earnings Verdict

MRVL shows strong bullish flow bias with high IV; earnings 77 days away with 80% beat rate.

Confidence:
7.5 / 10
base 5; +2 GEX/flow strongly aligned; +1 GEX positive (pinning); -1 spot 10.1% from MP; +0.5 VIX 19
Most important: Large call volume at $290 and $280 strikes indicates bullish sentiment; put floor at $150-$172.
📈Heavy call volume at $290 and $280 with OI building.
⚠️Extreme vol/OI on $235 put suggests caution.
🔍Net premium $209M; put/call OI balanced at 1.1.

Regime Classification

Vol Regime
High
Gamma Regime
Pinning
Flow Regime
Mixed
Spot vs MP
Above

Earnings Overview

Next earnings: 2026-08-27 (77 days)explicit

Expected moves:

  • 2026-06-12 (1d): ±$15.00 (5.3%)
  • 2026-06-18 (7d): ±$35.42 (12.6%)
  • 2026-06-26 (15d): ±$48.37 (17.2%)

IV Setup

Term structure: Steep contango; near-term IV elevated from high vol regime.

Crush estimate: Earnings 77 days out, crush not applicable near term.

Skew: Call skew elevated; heavy call OI at $300.

Historical Context

Beat rate: 80% (4/5 quarters)

Avg move vs expected: 80% beat rate suggests upward surprise tendency.

Directional bias: Bullish

Key Levels

1EM guardrails: 2d $265.71/$295.71; 1w $245.28/$316.13
2Max pain pins: $255 (2026-06-12); $150 (2026-06-18); $202 (2026-06-26)

Flow Highlights

Unusual put activity at $235 strike with 26.5x vol/OI ratio.

Possible hedging or bearish bets, but overall call flow dominates.

Large call buying at $290 and $280 strikes with high volume.

Indicates bullish conviction from institutional flow.

Strategies

Iron Condor
Sell 2026-06-18 $250.00/$230.00 put wing and $307.50/$332.50 call wing
Credit: $7.06-$8.63
Max loss: $16.37
Max gain: $8.63
BE: 241.37 / 316.13
Trigger: Monitor near $290 call wall; adjust wings if breached.
Defined risk, benefits from steep contango and elevated IV; stock near support with bullish flow but range-bound expectation.
Outperforms: Short premium play capturing time decay and IV contraction within a wide range.
Underperforms: Move outside short strikes invalidates range thesis.
Short Strangle
Sell 2026-06-18 $240.00 put + sell $315.00 call
Credit: $9.83-$12.02
Max loss: Unlimited
Max gain: $12.02
BE: 227.98 / 327.02
Trigger: Consider rolling untested side to manage gamma risk.
Higher premium but unlimited risk; suitable for experienced traders given high probability zone.
Outperforms: Selling out-of-the-money put and call to collect elevated premium from high IV.
Underperforms: Break outside short strikes invalidates short-vol thesis.

Risk Assessment

!High IV environment amplifies moves.
!Spot 10% above max pain ($255) increases uncertainty.
!Mixed flow (put/call OI near 1.1) warrants caution.

What to Watch

?Monitor $290 call wall for upside acceleration.
?Watch VIX for regime shift.
?1d implied move ±5.3% for further guidance.
How to Use These Reports
This earnings reflects the market close on June 11, 2026.
What the reports do

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.

How traders use them

Reports are most useful for narrowing the playbook, surfacing entry and risk context, and deciding which raw data page to inspect next.

What to remember

These are interpretation layers, not execution guarantees. Validate the setup against chain liquidity, expected move, and exposure before sizing risk.

If the report conviction and the raw data disagree, slow down and resolve the mismatch before sizing risk.