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MRVL

Marvell Technology, Inc.Close $223.47EOD only
Max Pain
$242.50
Next expiry Oct 23, 2026
Expected Move
±$8.57
3.8% from close
Price Gap
+19.03
Distance to max pain
IV Rank
9
Low premium
P/C OI
1.41
Slightly put-heavy
Consensus
6.5/10
Bearish tilt
Published snapshot: Oct 22, 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
Oct 22, 2026 close
MRVL Theta Report
Analysis based on market close June 9, 2026
DirectionalTheta GangFlowEarningsConsensus

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

You are viewing an older report from June 9, 2026. A newer theta report is available for June 26, 2026.

View latest report

Theta Verdict

Attractiveness9 / 10
Sizing: Aggressive
Primary: Bull put spreads
Invalidation: Spot below $262.5 or VIX above 25
Confidence:
9 / 10
base 5; +2 GEX/flow strongly aligned; +1 GEX positive (pinning); +0.5 spot 1.7% from MP; +0.5 VIX 20

IV Environment

IV Regime
High
IV vs VIX
IV avg 115% vs VIX 19.9, elevated.
Favorable?
Yes

Term structure: Downward sloping; near-term highest, declining.

📈GEX +$19.4M bullish pinning
📉Term structure downward, near-term rich for decay

Pin Risk Assessment

Spot vs MP: Above

GEX regime: Pinning ($+19.4M)

OI concentrations: Call OI wall $300, put floor $135-$172; max pain $262

Verdict: Pinning likely toward $262; call wall caps upside.

Premium Opportunities

#1
Put credit spread
Sell 2026-07-10 $240.00/$202.50 put spread
Sells put spread capturing theta from elevated IV.
Credit: $10.12-$12.38
Max loss: $25.12
BE: $227.62
Mgmt: Exit at 50% max gain or if spot breaks $262.5.
#2
Iron condor
Sell 2026-07-10 $240.00/$202.50 put wing and $325.00/$370.00 call wing
Sells both wings to capture theta from high IV.
Credit: $15.97-$19.52
Max loss: $25.48
BE: 220.48 / 344.52
Mgmt: Adjust wings if spot moves beyond $240-$325. Liquidity warning: Liquidity constraints: long_call: Open interest below 25.

Risk Alerts

!High gamma near 3-day expiry may cause sharp moves
!IV elevated, vega risk if VIX spikes
How to Use These Reports
This theta reflects the market close on June 9, 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.