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MRVL

Marvell Technology, Inc.Close $279.04EOD only
Max Pain
$300.00
Next expiry Jun 26, 2026
Expected Move
±$24.95
8.9% from close
Price Gap
+20.96
Distance to max pain
IV Rank
31
Middle-high premium
P/C OI
1.13
Slightly put-heavy
Consensus
7.5/10
Bullish tilt
Published snapshot: Jun 23, 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 23, 2026 close
MRVL Theta Report
Analysis based on market close June 24, 2026
DirectionalTheta GangFlowEarningsConsensus

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

Theta Verdict

Attractiveness8 / 10
Sizing: Moderate
Primary: Premium Selling
Invalidation: Spot closes below support $253.43
Confidence:
7.5 / 10
base 5; +2 GEX/flow strongly aligned; +1 GEX positive (pinning); -1 spot 6.2% from MP; +0.5 VIX 19

IV Environment

IV Regime
High
IV vs VIX
IV 104% vs VIX 18.6 (5.6x), extremely rich
Favorable?
Yes

Term structure: Front-end IV elevated (earnings), back-month contango, declining to 89%

📊Dealer GEX +$5.8M, bullish flow, gamma pinning
⚠️Spot 6.2% below MP $295; pin risk high

Pin Risk Assessment

Spot vs MP: Below

GEX regime: Pinning ($+5.8M)

OI concentrations: Max pain $295 (Jun26), $275 (Jul2), $280 (Jul10); call wall $320, put floor $150-$175

Verdict: Spot below max pain, upside pinning likely if buying continues

Premium Opportunities

#1
Put credit spread
Sell 2026-07-17 $270.00/$260.00 put spread
Sells put spread to capture elevated premium with bullish bias, leveraging high IV.
Credit: $3.96-$4.84
Max loss: $5.16
BE: $265.16
Mgmt: Close at 50% profit or if spot breaks invalidation. Monitor IV.
#2
Cash-secured put
Sell 2026-07-24 $260.00 cash-secured put
Sells put to collect premium and potentially buy stock at discount if assigned.
Credit: $20.57-$25.14
Max loss: $234.86
BE: $234.86
Mgmt: Roll if spot approaches strike early; assignment favorable below invalidation.
#3
Iron condor
Sell 2026-07-24 $270.00/$260.00 put wing and $280.00/$300.00 call wing
Sells both sides to capture theta, expecting pinning near current levels.
Credit: $11.18-$13.67
Max loss: $6.33
BE: 256.33 / 293.67
Mgmt: Manage wings if spot exceeds 280 or drops below 260; close at 50% max gain.

Risk Alerts

!High IV skew (put IV > call IV) indicates downside fear
!Earnings event on Jun26 creates crash risk
!Dealer hedging may amplify moves due to pinning gamma
How to Use These Reports
This theta reflects the market close on June 24, 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.