Mixed options sentiment in Marvell (MRVL), with shares down $2.53 near $87.84. Options volume relatively light with 57k contracts traded and calls leading puts for a put/call ratio of 0.73, compared to a typical level near 0.59. Implied volatility (IV30) dropped 2.57 near 65.79,in the top quartile of the past year, suggesting an expected daily move of $3.64. Put-call skew steepened, indicating increased demand for downside protection.
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