Marvell Tech Options Trading: A Deep Dive into Market Sentiment Price, Trades, Bearish, Neutral, Experts, Analyzing, RSI values, Put options, Call options, Bearish move, Strike price, Marvell Tech, Trading volume, Options trading, Options history, Earnings report, Analyst ratings, Market sentiment, Financial giants, Benzinga Insights ... by https://www.benzinga.com/
AI Insights:
Simple Explanation:
A big company called Marvell Tech makes computer parts. Some people think the price of these parts will go down, so they are betting money on it. Other people think the price will stay the same or go up, so they are also betting money on it. We are looking at the different ways people are betting and trying to understand what might happen to the price of Marvell Tech's parts in the future. Read from source...
Critical Perspective:
1. The article is
Investment Analysis:
We are not financial advisors. It's always essential for you to consult with a financial advisor and do your research before making any decisions about investments.
Marvell Tech's options trading market sentiment is mixed, with 25% of traders being bullish, 58% being bearish, and the remaining 17% being neutral. The total trade price for all options spotted is $717,783, with a volume of 13,182 contracts. The key price window for Marvell Tech during the past quarter has been between $60.0 and $80.0. Analyzing volume and open interest, it appears that big players are targeting this price range. Marvell Tech's current market status is neutral, with a trading volume of 2,214,814 and a price of $67.23, up by 1.08%. The stock's RSI value is currently between overbought and oversold, and the next earnings report is scheduled for 31 days from now. One analyst from Keybanc maintains a Overweight rating for Marvell Tech, targeting a price of $95.0.