MRVL Marvell Technology Options Ahead of Earnings

٦ مارس

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.

١٢ مارس

أغلقت الصفقة: تم الوصول للهدف

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