Options/MRVL

MRVLMarvell Technology, Inc. Common Stock

Options Analysis Report•SEMICONDUCTORS & RELATED DEVICES

Market Cap $194.7B|NASDAQ

● 2026-08-28$216.62

NEUTRAL

Analysis: 2026-08-27 EOD data

1Y +244.6%YTD +142.3%7D -8.6%

Options Vol

439,743

30D

Implied Move

±23.6%

IV Rank

53%

MRVL Options Overview

IV is elevated. Conditions favor premium sellers.

REWARDS

RISK ANALYSIS

Snowflake Analysis

Favorable conditions for premium sellers

Learn

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MRVL Gamma Walls

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MRVL Hedge Radar

Neutral

Full Hedge Radar

Neither score is at an extreme today. Neither axis is a forecast — this is where MRVL sits on protection cost vs. fragility today.

Protection is priced in the cheap band (3.7) — the move being priced is 1.53x this name's own median 21-trading-day move, and downside puts carry 1.1 IV points more than at-the-money, measured against this name's own rolling 21-trading-day realized moves (483 overlapping windows). Fragility reads neutral (4.55): it is trading 3% above its hedge wall on a wall graded MEDIUM for reliability, and its realized-vol regime is stable.

Protection cost

3.70/ 10cheap

Basis: cross_sectional

Fragility

4.55/ 10neutral

Basis: per_ticker

Value

Is IV priced right?

2.2

ExpensiveCheap

Measures whether options are cheap, fair, or rich relative to historical and peer

levels.

Risk Checks2/9 checks passed

IV Rank

≤35%

IV Rank 95.3% — elevated vs history

IV/HV Ratio

<1.05x

IV/HV 1.27x — IV premium over HV

Sector Relative≤50%

Sector percentile 96% — above sector median

Term Structure

<1.1x

Front/Back 1.49x — backwardation

Skew Normal

<1.25x

Put/Call IV 1.16x — elevated

Absolute IV

<80%

ATM IV 100.9% — crisis-level IV

Spread-Adjusted Value

<80%

Effective IV 108.1% (ATM 100.9% + spread 3.6% + bias) — expensive

Execution Efficiency

<3.0%

Total drag 5.23% (spread 3.61% + slippage 1.62%) — high friction

Vega Efficiency

≥5.0

Vega efficiency 74.41 (vega 26.862 / spread 3.61%) — efficient

Sentiment

Bullish or bearish?

5.4

BearishBullish

Analyzes

put/call ratios

open interest skew

, and flow direction to determine market bias.

Risk ChecksNeutral - Very weak signal (Conviction: -3%, Raw: -3%)

Flow Direction

|net sentiment| ≥25%

Conviction-weighted: -3% (neutral) — Raw: -3%

OI Skew Magnitude

≥15%

|OI skew| 8.1% — balanced

Volume-OI Alignment

Same sign, |vol skew| ≥10%

Vol skew +25.4%, OI skew -8.1% — divergent (opposite)

Conviction Quality

≥2/3 conditions

0-DTE 56%, far-OTM 15%, avg DTE 30

OI Momentum

|change| ≥3%

OI change +0.0% (5d) — stable

Smart Money Flow

|weighted flow| ≥20%

ITM: +4%, ATM: -2%, OTM: -3% — neutral (ITM/ATM divergent)

Sector Relative≤40% or ≥60%

Sector P/C percentile 59% — bearish vs sector

Activity

Unusual activity?

6.0

QuietActive

Detects volume surges,

block trades

, and unusual options activity that may signal moves.

Risk Checks3/8 checks passed

Volume Surge

≥1.5x

Volume 2.4x avg — hot

Turnover Rate

≥15%

Vol/OI 27.8% — high turnover

Multi-Day Persistence

≥2 days

1 day(s) elevated — may be one-day event

OI Build

≥5%

OI change -10.8% (5d) — unwinding

Sector Relative≥60%

Sector activity percentile 96% — very active vs sector

Trade Quality

≥30%

Large trade volume 23% — mixed

Execution Urgency

≥60%

Aggressive execution 34% — patient

Flow Conviction

≥30

Conviction -3 (bearish) — mixed

Liquidity

Can I trade efficiently?

6.9

IlliquidLiquid

Evaluates

bid-ask spreads

, volume depth, and open interest for trade execution quality.

Risk Checks4/8 checks passed

Tradeable Spread

≤5.0%

Spread 3.6% — acceptable

Adequate OI

≥10,000

OI 1,579,526 — deep

Active Volume

≥500

Volume 439,743/day — active

Reasonable Cost

≤$0.50

$0.18 to cross — cheap

Strike Coverage

≥5 strikes

2 liquid strikes — limited options

Sector Relative≤40%

Sector spread percentile 98% — much wider than sector

Order Book Depth

≥100 contracts

Depth 93.6 contracts (bid:42.2 ask:51.4) — thin

Execution Quality

<1.0%

Avg slippage 1.62% — fair

Timing

Is now a good time?

7.7

RiskyFavorable

Considers earnings proximity,

time decay

, and event calendar for optimal entry timing.

Risk Checks8/9 checks passed

Term Structure Clarity

|slope| ≥5%

Slope +48.9% — backwardation

IV Percentile Clarity

<30 or >70

IV percentile 95% — seller opportunity

Event Detection

≥10pts kink

IV kink 32.5pts — event priced

Theta/Vega Clarity

<0.5 or >2.0

θ/ν ratio 71.48 — favors income trades

Expiration Distribution

≥3 expirations

5 liquid expirations — flexible

Event Risk

≥60% (safe)

safe window: No earnings detected

Spread Momentum

<1.2 ratio

Spread ratio 1.00x — stable

Flow Momentum

≥25% strength + ≥50% consistency

Flow -3% @ 52% consistency — unclear

Smart Money Timing

≥40 composite score

Score 53 (ITM 20% + inst 23%) — moderate institutional

Directional Strategy Fit

Option Buyers

Long Calls4.9

bullishIV expensive, mixed flow

Long Puts4.6

bearishIV expensive, mixed flow

Premium Sellers

Cash-Secured Put6.8

bullishIV rich premium, mixed flow

Covered Call6.5

bearishIV rich premium, mixed flow

For educational purposes only. Not investment advice.

The Options Desk tracks the move options price into every US earnings report the week of Aug 31, next to how much each stock has actually moved on its past prints — plus the SPY, QQQ and IWM expected ranges and the gamma walls that box them in.