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MRVL

Marvell Technology, Inc.Close $225.41EOD only
Max Pain
$210.00
Next expiry Sep 11, 2026
Expected Move
±$11.82
5.3% from close
Price Gap
-15.41
Distance to max pain
IV Rank
14
Low premium
P/C OI
1.25
Slightly put-heavy
Consensus
6.5/10
Bearish tilt
Published snapshot: Sep 8, 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
Sep 8, 2026 close
MRVL Theta Report
Analysis based on market close June 10, 2026
DirectionalTheta GangFlowEarningsConsensus

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

You are viewing an older report from June 10, 2026. A newer theta report is available for June 26, 2026.

View latest report

Theta Verdict

Attractiveness8 / 10
Sizing: Moderate
Primary: Selling puts
Invalidation: Spot breaks below $165 put floor
Confidence:
8.5 / 10
base 5; +2 GEX/flow strongly aligned; +1 GEX positive (pinning); +0.5 spot 1.9% from MP

IV Environment

IV Regime
High
IV vs VIX
IV 115% vs VIX 22.2, extremely rich
Favorable?
Yes

Term structure: Backwardation: 2d 108% to 1yr 92%

🔥IV extreme, rich premiums for sellers

Pin Risk Assessment

Spot vs MP: Below

GEX regime: Pinning ($+17.7M)

OI concentrations: Call wall $300, put floor $130-$165, max pain $258 (6/12)

Verdict: Potential pinning to $258 near-term with strong put support

Premium Opportunities

#1
Cash-secured put
Sell 2026-08-21 $195.00 cash-secured put
Selling put at $195 strike to capture 115% IV, invalid below $165
Credit: $13.55-$16.56
Max loss: $178.44
BE: $178.44
Mgmt: Monitor earnings 2026-08-27, close if spot breaches $165
#2
Put credit spread
Sell 2026-07-02 $250.00/$240.00 put spread
Selling $250/$240 put spread expiring 2026-07-02, high IV
Credit: $4.79-$5.86
Max loss: $4.14
BE: $244.14
Mgmt: Close before expiration or at 50% max gain

Risk Alerts

!High IV amplifies gamma risk
!Short-dated pin risk at $258
!Market downtrend (QQQ -2%) increases tail risk
How to Use These Reports
This theta reflects the market close on June 10, 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.