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MRVL

Marvell Technology, Inc.Close $281.26EOD only
Max Pain
$290.00
Next expiry Jun 26, 2026
Expected Move
±$13.27
4.7% from close
Price Gap
+8.74
Distance to max pain
IV Rank
33
Middle-high premium
P/C OI
1.17
Slightly put-heavy
Consensus
7.5/10
Bullish tilt
Published snapshot: Jun 25, 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 25, 2026 close
MRVL Earnings Report
Analysis based on market close June 26, 2026
DirectionalTheta GangFlowEarningsConsensus

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

Earnings Verdict

Bearish flow with heavy put buying; stock below max pain; elevated IV ahead of distant earnings.

Confidence:
6.5 / 10
base 5; +2 GEX/flow strongly aligned; -1 spot 6.4% from MP; +0.5 VIX 18
Most important: Massive $155 put trade (37k vol, 171% IV) signals downside positioning.
⚠️Massive $155 put trade (37k vol, 171% IV) deep OTM hedge.
📊Put/call volume ratio 1.33 confirms bearish flow.

Regime Classification

Vol Regime
High
Gamma Regime
Trending
Flow Regime
Bearish
Spot vs MP
Below

Earnings Overview

Next earnings: 2026-08-27 (62 days)explicit

Expected moves:

  • 2026-07-02 (6d): ±$25.98 (9.7%)
  • 2026-07-10 (14d): ±$38.53 (14.4%)
  • 2026-07-17 (21d): ±$47.98 (18.0%)

IV Setup

Term structure: Elevated across tenors (~75% IV short-dated); slightly backwardated.

Crush estimate: Not applicable near-term; earnings 62 days away, no crush expected in current window.

Skew: Put skew elevated; deep OTM put ($155) at 171% IV; bearish demand.

Historical Context

Beat rate: 80% (4/5 quarters)

Avg move vs expected: Not available for earnings; beat rate 80% suggests positive bias.

Directional bias: Bullish bias historically but current flow bearish.

Key Levels

1EM guardrails: 1w $240.79/$292.74
2Max pain pins: $285 (2026-06-26); $275 (2026-07-02); $280 (2026-07-10)

Flow Highlights

Unusual $155 put trade: 36,954 vol vs 2,332 OI, IV 171%.

Large bearish hedge or speculative put buying deep OTM.

Put/call volume ratio 1.33, net premium -$27M.

Bearish flow dominance.

Strategies

Bearish Put Spread
Buy 2026-09-18 $270.00/$250.00 put spread
Debit: $9.88-$12.07
Max loss: $12.07
Max gain: $7.93
BE: $257.93
Trigger: Monitor $155 put; exit if IV drops or price recovers past $270.
Current heavy put buying & elevated IV support downside.
Outperforms: Buy Sep $270/$250 put spread to profit from expected decline.
Underperforms: Trade above resistance weakens downside thesis.
Bullish Call Spread
Buy 2026-09-18 $260.00/$280.00 call spread
Debit: $6.68-$8.17
Max loss: $8.17
Max gain: $11.83
BE: $268.17
Trigger: Exit if price falls below $228; watch $270 resistance.
80% beat rate offers contrarian upside despite bearish flow.
Outperforms: Buy Sep $260/$280 call spread to capture potential rally.
Underperforms: Loss of support weakens upside continuation thesis.

Risk Assessment

!Elevated IV relative to VIX (18.4) suggests option premium risk.
!Massive put trade could indicate known downside catalyst.
!Stock 6.4% below max pain, potential pin risk.

What to Watch

?Price action around $267.50 and $270 call walls.
?Monitor $155 put for closing or rolling activity.
?IV contraction if market stabilizes.
How to Use These Reports
This earnings reflects the market close on June 26, 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.