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MRVL

Marvell Technology, Inc.Close $189.17EOD only
Max Pain
$210.00
Next expiry Jul 31, 2026
Expected Move
±$18.08
9.6% from close
Price Gap
+20.83
Distance to max pain
IV Rank
22
Low premium
P/C OI
1.19
Slightly put-heavy
Consensus
6.5/10
Bearish tilt
Published snapshot: Jul 27, 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
Jul 27, 2026 close
MRVL Theta 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 theta report is available for June 26, 2026.

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Theta Verdict

Attractiveness7 / 10
Sizing: Moderate
Primary: Short put spreads near $255 support
Invalidation: Break below $255
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

IV Environment

IV Regime
High
IV vs VIX
IV avg 116% vs VIX 19 – extremely elevated
Favorable?
Yes

Term structure: Front-end steep backwardation (1d-7d), then flattening; put IV > call IV near term

📈High IV offers rich premiums but gamma pinning demands caution

Pin Risk Assessment

Spot vs MP: Above

GEX regime: Pinning ($+36.5M)

OI concentrations: Max pain $255 (6/12), $150 (6/18), $202 (6/26); put floor $150-$172; call wall $300

Verdict: Spot above MP – upward pinning bias; tight gamma near $255

Premium Opportunities

#1
Put credit spread
Sell 2026-08-21 $250.00/$195.00 put spread
Captures premium with 73% max gain to max loss ratio; delta ~0.25 short put.
Credit: $18.16-$22.19
Max loss: $32.81
BE: $227.81
Mgmt: Close at 50% profit or if spot breaks $255 support.

Risk Alerts

!High IV + pinning can trigger violent expiration moves
!Large put/call OI ratio (1.10) signals bearish hedge pressure
How to Use These Reports
This theta 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.