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MRVL

Marvell Technology, Inc.Close $236.10EOD only
Max Pain
$200.00
Next expiry Sep 18, 2026
Expected Move
±$15.55
6.6% from close
Price Gap
-36.10
Distance to max pain
IV Rank
16
Low premium
P/C OI
1.24
Slightly put-heavy
Consensus
6.5/10
Bearish tilt
Published snapshot: Sep 11, 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 11, 2026 close
MRVL Theta Report
Analysis based on market close June 15, 2026
DirectionalTheta GangFlowEarningsConsensus

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

You are viewing an older report from June 15, 2026. A newer theta report is available for June 26, 2026.

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Theta Verdict

Attractiveness8 / 10
Sizing: Moderate
Primary: Short Put Spread
Invalidation: Break below $235 gamma flip
Confidence:
8 / 10
base 5; +2 GEX/flow strongly aligned; +1 GEX positive (pinning); -1 spot 76.5% from MP; +1 VIX 16

IV Environment

IV Regime
High
IV vs VIX
IV 123.7% vs VIX 16.2 – extreme premium
Favorable?
Yes

Term structure: Steep contango: 3d IV 108% to Jan'27 94.7%; event-driven short-term spike

📈Front-week IV 108% decays rapidly; sell near-term premium
⚠️Max pain $175-$240 but spot $276 well above; call wall $330

Pin Risk Assessment

Spot vs MP: Above

GEX regime: Pinning ($+40.2M)

Gamma flip: ~$235.00 — Approx — based on put OI concentration of 10,432 (23.9% below spot)

OI concentrations: Put OI $160-$235 (23.9% below spot); call wall $330-$330; max pain pins $175/$225/$240

Verdict: Bullish flow and call OI wall suggest upward pinning; put floor supports; low pin risk

Premium Opportunities

#1
Put credit spread
Sell 2026-07-02 $252.50/$250.00 put spread
Sell 2026-07-02 $252.50/$250 put spread for credit up to $0.63; max loss $1.87.
Credit: $0.52-$0.63
Max loss: $1.87
BE: $251.87
Mgmt: Manage if spot breaks below $251.26; adjust or close if IV collapses post-event. Liquidity warning: Liquidity constraints: short_put: Open interest below 25.

Risk Alerts

!Spot 76.5% above max pain for current expiry – possible mean reversion
!High IV may collapse post-event; size accordingly
How to Use These Reports
This theta reflects the market close on June 15, 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.