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Barchart
Barchart
Mark R. Hake, CFA

Marvel Technology Put Options Have High Premiums - Worth Shorting by Bullish Investors in MRVL Stock

Marvel Technology (MRVL) stock is off over 15% since earnings came out on March 7, although it's up 9% from the bottom. Put option premiums are now high and bullish investors can short them as an income play.

I discussed the chip designer company's outlook in a recent Barchart article on March 20, “Marvell Technology Has Unusual Call Options Activity - Highlighting Its Underlying Value.” In that article, I pointed out that going long MRVL calls might be worthwhile for bullish investors in the stock.

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