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Barchart
Mark R. Hake, CFA

Unusual Call Options Activity in Marvell Technology Highlights the Value of MRVL Stock

Today, Marvell Technology, Inc. (MRVL) is having heavy, unusual call options volume (out-of-the-money calls) after reporting strong earnings results yesterday for its fiscal Q1 ending May 3. This highlights the value of the system-on-a-chip semiconductor designer and MRVL stock.

MRVL stock is at $75.08, up over 7% in morning trading. However, the stock is still well off its highs from earlier in the year. It could have significantly more upside, as will be seen in this article.

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