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Moderately bullish activity in Marvell with shares up 2.92%

Moderately bullish activity in Marvell (MRVL), with shares up $2.42, or 2.92%, near $85.19. Options volume running well above average with 162k contracts traded and calls leading puts for a put/call ratio of 0.87, compared to a typical level near 0.56. Implied volatility (IV30) dropped 0.51 near 56.29,and above the 52wk median, suggesting an expected daily move of $3.02. Put-call skew flattened, suggesting a modestly bullish tone.

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