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Mar 6, 2024 2:04 AM

MRVL Marvell Technology Options Ahead of Earnings Long

Marvell Technology, Inc.NASDAQ

Description

If you haven`t sold MRVL Marvell Technology before the previous earnings:


Then analyzing the options chain and the chart patterns of MRVL Marvell Technology prior to the earnings report this week,
I would consider purchasing the 72.5usd strike price in the money Calls with
an expiration date of 2024-3-15,
for a premium of approximately $8.30.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.


Trade closed: target reached

MRVL reached $85.77 after the earnings release, and the calls were definitely profitable. However, I didn't monitor the options chain back then.
Comments
pantanal
marvel actually dropped post earnings
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