Market Whales Target Bank OZK Options with Bearish Bets
Jan 17, 2025
Analyzing Recent Options Activity in Marvell Technology (NASDAQ: MRVL)
Recently, affluent investors have taken a bullish stance towards Marvell Technology (MRVL), a trend that should not be overlooked by market participants. Our analysis of options trading data has revealed noteworthy movements in this stock.
On investigating public options records, we discovered significant activity surrounding Marvell Tech. Our findings highlighted an unusual level of options trading today, with 15 notable transactions marking a deviation from typical trading patterns.
The sentiment among these major investors appears mixed, with approximately 40% inclined towards bullish positions while another 40% are bearish. Among these noteworthy trades, there are 3 put options totaling around $150,614 and an impressive 12 call options, which sum up to approximately $421,121.
Anticipated Price Movements
When evaluating the volume and open interest in these options, it is clear that institutional investors have been focusing on a price range for Marvell Tech between $70.00 and $125.00 in the past quarter. This price window indicates where significant activity has occurred.
Trends in Volume and Open Interest
Examining trends in both volume and open interest provides valuable insights for conducting thorough research on a stock like Marvell Tech.
This data allows investors to track the liquidity and interest in the options associated with Marvell Tech at various strike prices.
Below, we review the changes in volume and open interest for calls and puts in Marvell Tech over the past month, concentrated in the price range from $70.00 to $125.00.
Recent Options Activity for Marvell Tech: Last Month
Recent activity in options trading indicates that significant movements are occurring around this stock. The following are some of the largest trades observed recently:
Largest Observed Options Trades
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| MRVL | PUT | TRADE | BEARISH | 12/13/24 | $1.07 | $0.94 | $1.07 | $109.00 | $84.7K | 1.2K | 26 |
| MRVL | CALL | SWEEP | BEARISH | 02/21/25 | $5.95 | $5.85 | $5.85 | $115.00 | $73.1K | 2.2K | 151 |
| MRVL | CALL | SWEEP | BULLISH | 12/20/24 | $1.20 | $1.13 | $1.19 | $115.00 | $47.6K | 8.8K | 488 |
| MRVL | CALL | SWEEP | BULLISH | 12/20/24 | $1.19 | $1.16 | $1.16 | $115.00 | $47.3K | 8.8K | 984 |
| MRVL | PUT | TRADE | BULLISH | 01/17/25 | $0.15 | $0.00 | $0.06 | $75.00 | $40.2K | 9.8K | 6.7K |
About Marvell Technology
Marvell Technology is a leading fabless semiconductor company that specializes in wired networking solutions. It holds a significant share of the market for data center, carrier, enterprise, automotive, and consumer technology sectors, producing various products such as processors, optical and copper transceivers, switches, and storage controllers.
Current Market Position of Marvell Technology
- Marvell Technology is currently trading at a volume of 6,926,407, with its stock price down by approximately -0.88%, standing at $110.38.
- Recent RSI readings indicate that the stock might be approaching an overbought condition.
- The next earnings release is expected in 84 days.
Expert Opinions on Marvell Technology
In the past 30 days, five professional analysts have provided their outlook on Marvell Tech, yielding an average price target of $116.4.
Unusual Options Activity Identified: Moves by Major Investors
Powerful investors are monitored closely for signs of potential market movements. Observations indicate that major money is positioning itself regarding the future of stock movements. For example:
- An analyst from Wells Fargo has maintained an Overweight rating with a price target of $110.
- Another from Morgan Stanley maintains an Equal-Weight rating with a target of $102.
- Oppenheimer holds an Outperform rating, targeting $110.
- Keybanc continues to uphold an Overweight position with a price projection of $125.
- In a recent move, Cantor Fitzgerald downgraded its assessment to Overweight with a target of $135.
Engaging in options trading comes with inherent risks and opportunities. Investors are encouraged to learn continuously, adapt strategies, monitor various indicators, and stay informed about market trends. For real-time notifications on Marvell Technology's options trading, keeping an eye on the latest data is essential.
investors, options, bullish, trades, analysis