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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 Theta Report
Analysis based on market close June 12, 2026
DirectionalTheta GangFlowEarningsConsensus

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

Theta Verdict

Attractiveness8 / 10
Sizing: Moderate
Primary: Put credit spreads
Invalidation: Spot breaks below $235 gamma flip or above $300 call wall
Confidence:
8 / 10
base 5; +2 GEX/flow strongly aligned; +1 GEX positive (pinning); -1 spot 9.7% from MP; +1 VIX 18

IV Environment

IV Regime
High
IV vs VIX
IV 118.8% vs VIX 17.7% — extreme, likely event-driven
Favorable?
Yes

Term structure: Steep near-term skew; put IV > call IV across expirations; term structure elevated but slightly contango after 0 DTE

📈IV 6.7x VIX; premium rich for selling
⚠️Put skew elevated; downside hedging dominant

Pin Risk Assessment

Spot vs MP: Above

GEX regime: Pinning ($+24.5M)

Gamma flip: ~$235.00 — Approx — based on put OI concentration of 10,407 (16.0% below spot)

OI concentrations: Put OI heavy $150-$235 (10,407 at $235); call OI wall $300-$300; max pain pin $255 (6/12)

Verdict: High pin risk near $255; gamma flip $235 may attract spot; cautious for premium sellers

Premium Opportunities

#1
Put credit spread
Sell 2026-07-17 $240.00/$210.00 put spread
Sell $240/$210 put spread for credit, defined risk, capitalizing on extreme IV while limiting downside.
Credit: $7.29-$8.91
Max loss: $21.09
BE: $231.09
Mgmt: Exit if spot breaks below $235 or at 50% max gain; adjust strikes if IV spikes.
#2
Short strangle
Sell 2026-07-17 $230.00 put + sell $390.00 call
Sell $230 put and $390 call, collecting premium with undefined risk but size control.
Credit: $19.51-$23.84
Max loss: Unlimited
BE: 206.16 / 413.84
Mgmt: Manage size tightly; roll if spot approaches strikes; set stop loss at 2x credit.

Risk Alerts

!Earnings/event-driven IV spike distorts premiums
!Put OI concentration below spot could pin price lower
!Max pain $255 proximity increases assignment risk
How to Use These Reports
This theta reflects the market close on June 12, 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.