Mixed options sentiment in Marvell with shares down 1.72%

Mixed options sentiment in Marvell (MRVL), with shares down $1.48 near $84.36. Options volume relatively light with 34k contracts traded and calls leading puts for a put/call ratio of 0.96, compared to a typical level near 0.53. Implied volatility (IV30) dropped 1.63 near 56.83,and above the 52wk median, suggesting an expected daily move of $3.02. Put-call skew steepened, indicating increased demand for downside protection.