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Marvell earnings in focus as options market bets on $300 calls

GuruFocus.com +2 ·

MRVL Marvell Technology Inc
$241.45 -1.49%
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  1. 1Options traders are placing large bets on $300 call options ahead of Marvell Technology's (MRVL) earnings report
  2. 2The strike is more than 20% above Thursday morning's share price of $246, with results due after Thursday's market close
  3. 3Shares have already rallied into the print, raising the bar — beyond a simple beat, the market needs a strong AI demand outlook

This 3-line summary is compiled from the report below.

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