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 15, 2026
DirectionalTheta GangFlowEarningsConsensus

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

Earnings Verdict

MRVL strong bullish flow, high IV, 80% beat rate, call OI walls.

Confidence:
8 / 10
base 5; +2 GEX/flow strongly aligned; +1 GEX positive (pinning); -1 spot 76.5% from MP; +1 VIX 16
Most important: Unusual $480/$400 call volume signals upside speculation; put floor $160-$235 supports.
📈Unusual $480c implies upside speculation.
⚠️Gamma pinning at max pain $175-$240.
📊80% beat rate historically.

Regime Classification

Vol Regime
High
Gamma Regime
Pinning
Flow Regime
Bullish
Spot vs MP
Above
Gamma flip: ~$235.00 — Approx — based on put OI concentration of 10,432 (23.9% below spot)

Earnings Overview

Next earnings: 2026-08-27 (73 days)explicit

Expected moves:

  • 2026-06-18 (3d): ±$27.93 (9.0%)
  • 2026-06-26 (11d): ±$47.50 (15.4%)
  • 2026-07-02 (17d): ±$57.62 (18.7%)

IV Setup

Term structure: Steep: 3d ±9%, 11d ±15.4%, 17d ±18.7%.

Crush estimate: ~70% crush post-earnings based on historical moves.

Skew: Put skew elevated at low strikes; put OI concentrated below spot.

Historical Context

Beat rate: 80% (4/5 quarters)

Avg move vs expected: Avg inline with expected; 80% beat rate.

Directional bias: Historically bullish post-earnings (4/5 positive).

Key Levels

1$235.00 gamma flip
2EM guardrails: 2d $280.96/$336.81
3Max pain pins: $175 (2026-06-18); $225 (2026-06-26); $240 (2026-07-02)

Flow Highlights

Unusual $480c vol/oi 10.9.

Speculative upside bet.

Heavy $400c vol/oi 6.6.

Bullish near-term sentiment.

Strategies

Call Diagonal
Sell 2026-06-26 $315.00 call / buy 2026-07-17 $330.00 call
Debit: $8.33-$10.18
Max loss: $10.18
Max gain: Variable
BE: Path-dependent
Trigger: Exit if stock drops near $251 invalidation level or adjust before earnings due to crush.
Leverages bullish bias and time decay edge: short option with higher IV (11d 109%) vs long (39d 106%). Limited risk and captures upside with call OI walls. Outranks short strangle due to capped loss and directional alignment.
Outperforms: Short $315 call, long $330 call, expiring 11d/39d. Profit if stock below $315, max gain if above $330.
Underperforms: Loss of support or adverse vol term shift weakens thesis.
Short Strangle
Sell 2026-06-26 $277.50 put + sell $360.00 call
Credit: $16.88-$20.62
Max loss: Unlimited
Max gain: $20.62
BE: 256.88 / 380.62
Trigger: Monitor gamma risk; roll or close before earnings to avoid crush. Exit if breach of strikes.
High IV and steep term structure offer rich premium; 80% beat rate supports selling vol. However unlimited tail risk and 73d decay make it secondary to diagonal.
Outperforms: Sell $277.50 put and $360 call, 2026-06-26. Profits from time decay if stock stays within range.
Underperforms: Break outside short strikes invalidates short-vol thesis.

Risk Assessment

!High IV may overprice options.
!Gamma at $330 call wall caps upside.
!73d to earnings; time decay accelerates after OPEX.
!VIX 16 elevated for single stock.

What to Watch

?Earnings 2026-08-27.
?Gamma flip ~$235.
?Call OI wall $330.
?Put floor $160-$235.
?VIX & QQQ correlation.
How to Use These Reports
This earnings reflects the market close on June 15, 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.