Notable profits for the buyer who lifted the $0.13 offer for 3,291 Marvell (MRVL) 1/5 weekly 58 calls yesterday at 14:57ET when underlying shares were trading at $56.65. Shares closed at $58.07, and the calls at $0.71 for a mark-to-market profit of 453%, or $191K, on the $42K outlay.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See the top stocks recommended by analysts >>
Read More on MRVL: