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MRVL

Marvell Technology, Inc.Close $221.70EOD only
Max Pain
$200.00
Next expiry Sep 18, 2026
Expected Move
±$11.65
5.3% from close
Price Gap
-21.70
Distance to max pain
IV Rank
20
Low premium
P/C OI
1.27
Slightly put-heavy
Consensus
6.5/10
Bearish tilt
Published snapshot: Sep 15, 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 15, 2026 close
MRVL Theta Report
Analysis based on market close June 17, 2026
DirectionalTheta GangFlowEarningsConsensus

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

You are viewing an older report from June 17, 2026. A newer theta report is available for June 26, 2026.

View latest report

Theta Verdict

Attractiveness7 / 10
Sizing: Moderate
Primary: Short put credit spreads
Invalidation: Spot breaks below $239 support
Confidence:
7.5 / 10
base 5; +2 GEX/flow strongly aligned; +1 GEX positive (pinning); -1 spot 52.4% from MP; +0.5 VIX 18

IV Environment

IV Regime
High
IV vs VIX
IV elevated vs VIX
Favorable?
Yes

Term structure: Contango decaying

📊IV 122% vs VIX 18.4 – rich premium
📉Term structure in contango, decay favorable

Pin Risk Assessment

Spot vs MP: Above

GEX regime: Pinning ($+30.1M)

OI concentrations: OI concentrated at 255 call and 200 put

Verdict: Pinning risk moderate; support at 255 call wall

Premium Opportunities

#1
Iron condor
Sell 2026-06-26 $240.00/$237.50 put wing and $300.00/$302.50 call wing
Sell put wing $240/$237.5 and call wing $300/$302.5, profit if spot stays near 280-310.
Credit: $1.21-$1.48
Max loss: $1.02
BE: 238.52 / 301.48
Mgmt: Exit if spot approaches wings; monitor support at 255 call wall.

Risk Alerts

!High IV premium but short expiry (1 day to 18 Jun)
!Overnight gap risk
How to Use These Reports
This theta reflects the market close on June 17, 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.