MRVL is a strong CPO play with a technical breakout, but faces event risk from an upcoming investor day that could cause volatility or a sell-the-news reaction.
Jump to any passage
we've been talking about this 266 breakout on Marll for a while. This is actually not the chip stock I was talking about call options on on Friday and I reiterated this morning in the course member liveream. That's another one that still has legs.
this is a really great CPO play. Obviously, they've got an investor day, so there is a risk that you have a little bit of buy the room or sell the news on this one. So, just be cautious. uh every time there's an event at a company, you have to be aware that you get volatility after the events.
volatility on Marll right now. Let's find out. A lot of people like using implied volatility. I think implied volatility is worthless. You have to compare to history. I care zero what the volatility is today.
It's low, dude. It's actually good for for uh Marll for buying options. On the fiveday, it starts getting towards the mid-range. So, it's not like mega low, but on the 10, it's pretty close to the lowest level we've seen in the last 6 months.
And if I go back to the last 18 months, we are at the lowest volatility on Marll. Well, right now since it's come up a little bit, really only since the beginning of September, but the low we had a few days like on Friday went all the way back to April of Yeah, April of 26.
Yeah, this is why people are going crazy for like, you know, even Marll or Broadcom.
Watchpoints
What this channel has said about $MRVL
Meet Kevin has 8 calls on this stock; only the adjacent ones are shown.