2024-05-31 CALL at $68.0 Option on Marvell Technology
| MRVL Stock | USD 74.47 2.55 3.55% |
2024-05-31 CALL at $68.0 is a CALL option contract on Marvell Technology's common stock with a strick price of 68.0 expiring on 2024-05-31. The contract was last traded on 2024-05-17 at 10:49:13 for $6.99 and, as of today, has 11 days remaining before the expiration. The option is currently trading at a bid price of $5.9, and an ask price of $6.05. The implied volatility as of the 20th of May is 68.48.
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Marvell Technology Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real.
Marvell |
Call options on Marvell Technology give the investor right to buy Marvell Stock at a specified price within a specific period. The strike price represents the predetermined price at which a call buyer can buy Marvell Stock. Call options may be purchased for speculation or sold for income purposes, or simply combined for various spread or combination strategies. If Marvell Technology's price is above the strike price at expiry, the profit is the current Marvell Technology's stock price, minus the strike price and the premium.
Rule 16 of 2024-05-31 Option Contract
The options market is anticipating that Marvell Technology Group will have an average daily up or down price movement of about 4.28% per day over the life of the option. With Marvell Technology trading at USD 74.47, that is roughly USD 3.19. If you think that the market is fully understating Marvell Technology's daily price movement you should consider buying Marvell Technology Group options at that current volatility level of 68.48%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
In The Money Call Option on Marvell Technology
An 'In The Money' option is one with a strike price that the current stock price has already surpassed. Some options investors can hedge their Marvell Technology positions using in-the-money options. They may also want to buy options with some intrinsic value, not just time value. However, because in-the-money options on Marvell Stock have intrinsic value and are priced higher than out-of-the-money options in the same chain, their volatilities are relatively smaller.
| Call Contract Name | 2024-05-31 CALL at $68.0 |
| Expires On | 2024-05-31 |
| Days Before Expriration | 11 |
| Last Traded On | 2024-05-17 10:49:13 |
| Contract Period | WEEKLY |
| Open Interest | 132 |
| Current Trading Volume | 3.0 |
| Strike Price | 68.0 |
| Last Traded At | 6.99 |
| Current Price Spread | 5.9 | 6.05 |
| Rule 16 Daily Up or Down | USD3.19 |
Marvell short CALL Option Greeks
Marvell Technology's Option Greeks for the contract ending on 2024-05-31 at a strike price of 68.0 measures the various factors that affect its cost and calculated using a theoretical options pricing model. It helps investors make more informed decisions about whether to trade this option contract or when to trade it. In addition to Marvell Technology's option greeks, its implied volatility helps estimate the risk of Marvell Technology stock implied by the prices of the options on Marvell Technology's stock.
| Delta | 0.6956 | |
| Gamma | 0.0376 | |
| Theta | -0.131 | |
| Vega | 0.0475 | |
| Rho | 0.0157 |
Marvell long CALL Option Payoff at expiration
Buying Marvell Technology's call option is the simplest of option trades. A call option on Marvell Stock gives investors the right (but not the obligation) to purchase Marvell Technology at the given strike price. Therefore Marvell Technology's call intrinsic value or payoff at expiration depends on where the Marvell Stock price is relative to the call option strike price. The strike price of 68.0 is the critical point that divides the payoff function into two parts. Below the strike, the payoff chart is constant and negative (the trade is a loss). Above the strike, the payoff line is upward sloping as the option payoff rises in proportion with Marvell Technology's price. Finally, at the break-even point of 73.98, the line crosses zero, and trading Marvell becomes profitable.
Profit |
| Marvell Technology Price At Expiration |
Marvell short CALL Option Payoff at expiration
By selling Marvell Technology's call option, the investors signals his or her bearish sentiment. A short position in a call option written on Marvell Technology will generally make money when the underlying price goes down. Therefore Marvell Technology's call intrinsic value or payoff at expiration depends on where the Marvell Stock price is relative to the call option strike price. The strike price of 68.0 is the critical point that divides the payoff function into two parts. Below the strike, the payoff chart is constant and positive (the seller makes a profit). Above the strike, the payoff line is downward sloping as the option payoff drops in proportion to Marvell Technology's price. Finally, at the break-even point of 73.98, the line crosses zero, and trading Marvell becomes disadvantageous with no downside limits.
Profit |
| Marvell Technology Price At Expiration |
Marvell Technology Available Call Options
Marvell Technology's option chain is a display of a range of information that helps investors for ways to trade options on Marvell. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Marvell. It also shows strike prices and maturity days for a Marvell Technology against a given expiration period. The table below combines all the option information in the form of a chain but before you use it, remember that it entails significant risk and it is not for everyone.
| Delta | Gamma | Open Int | Expiration | Current Spread | Last Price | |||
Call | 2024-05-24 CALL at $40.0 | 0.9686 | 0.0028 | 0 | 2024-05-24 | 30.8 - 33.8 | 0.0 | In |
Call | 2024-05-24 CALL at $45.0 | 0.944 | 0.0048 | 11 | 2024-05-24 | 26.35 - 28.85 | 23.91 | In |
Call | 2024-05-24 CALL at $50.0 | 0.9567 | 0.0056 | 25 | 2024-05-24 | 21.9 - 22.65 | 23.09 | In |
Call | 2024-05-24 CALL at $53.0 | 0.9842 | 0.0037 | 0 | 2024-05-24 | 18.9 - 19.15 | 0.0 | In |
Call | 2024-05-24 CALL at $54.0 | 0.9836 | 0.0041 | 1 | 2024-05-24 | 17.9 - 18.15 | 11.25 | In |
Call | 2024-05-24 CALL at $55.0 | 0.9692 | 0.0064 | 3 | 2024-05-24 | 16.9 - 17.3 | 14.57 | In |
Call | 2024-05-24 CALL at $56.0 | 0.9205 | 0.0108 | 0 | 2024-05-24 | 15.9 - 16.7 | 16.5 | In |
Call | 2024-05-24 CALL at $57.0 | 0.9374 | 0.0107 | 0 | 2024-05-24 | 14.9 - 15.7 | 0.0 | In |
Call | 2024-05-24 CALL at $58.0 | 0.9553 | 0.0099 | 3 | 2024-05-24 | 13.0 - 14.15 | 15.17 | In |
Call | 2024-05-24 CALL at $59.0 | 0.8562 | 0.0152 | 12 | 2024-05-24 | 12.9 - 15.45 | 6.75 | In |
Call | 2024-05-24 CALL at $60.0 | 0.9651 | 0.0104 | 6 | 2024-05-24 | 11.9 - 12.25 | 8.1 | In |
Call | 2024-05-24 CALL at $61.0 | 0.9765 | 0.0091 | 3 | 2024-05-24 | 10.9 - 11.15 | 12.15 | In |
Call | 2024-05-24 CALL at $62.0 | 0.9373 | 0.017 | 73 | 2024-05-24 | 9.95 - 10.4 | 7.23 | In |
Call | 2024-05-24 CALL at $63.0 | 0.9568 | 0.016 | 20 | 2024-05-24 | 8.95 - 9.2 | 9.52 | In |
Call | 2024-05-24 CALL at $64.0 | 0.9456 | 0.0204 | 26 | 2024-05-24 | 8.0 - 8.2 | 8.64 | In |
Call | 2024-05-24 CALL at $65.0 | 0.9328 | 0.0259 | 77 | 2024-05-24 | 7.0 - 7.25 | 7.65 | In |
Call | 2024-05-24 CALL at $66.0 | 0.9109 | 0.0339 | 93 | 2024-05-24 | 6.05 - 6.3 | 6.56 | In |
Call | 2024-05-24 CALL at $67.0 | 0.8679 | 0.0449 | 164 | 2024-05-24 | 5.2 - 5.35 | 5.3 | In |
Call | 2024-05-24 CALL at $68.0 | 0.8017 | 0.0553 | 300 | 2024-05-24 | 4.35 - 4.6 | 4.55 | In |
Call | 2024-05-24 CALL at $69.0 | 0.7612 | 0.0692 | 564 | 2024-05-24 | 3.55 - 3.7 | 3.98 | In |
Call | 2024-05-24 CALL at $70.0 | 0.6825 | 0.0788 | 1915 | 2024-05-24 | 2.89 - 2.99 | 3.09 | In |
Call | 2024-05-24 CALL at $71.0 | 0.5994 | 0.0866 | 459 | 2024-05-24 | 2.29 - 2.35 | 2.3 | In |
Call | 2024-05-24 CALL at $72.0 | 0.5107 | 0.0879 | 703 | 2024-05-24 | 1.78 - 1.82 | 1.86 | Out |
Call | 2024-05-24 CALL at $73.0 | 0.4252 | 0.0853 | 557 | 2024-05-24 | 1.33 - 1.39 | 1.38 | Out |
Call | 2024-05-24 CALL at $74.0 | 0.3408 | 0.0813 | 632 | 2024-05-24 | 0.99 - 1.03 | 0.99 | Out |
Call | 2024-05-24 CALL at $75.0 | 0.2724 | 0.0716 | 1811 | 2024-05-24 | 0.73 - 0.76 | 0.75 | Out |
Call | 2024-05-24 CALL at $76.0 | 0.2077 | 0.062 | 682 | 2024-05-24 | 0.51 - 0.54 | 0.55 | Out |
Call | 2024-05-24 CALL at $77.0 | 0.1563 | 0.0515 | 800 | 2024-05-24 | 0.35 - 0.39 | 0.41 | Out |
Call | 2024-05-24 CALL at $78.0 | 0.1134 | 0.0413 | 489 | 2024-05-24 | 0.24 - 0.27 | 0.25 | Out |
Call | 2024-05-24 CALL at $79.0 | 0.0817 | 0.0322 | 360 | 2024-05-24 | 0.17 - 0.19 | 0.17 | Out |
Call | 2024-05-24 CALL at $80.0 | 0.0631 | 0.0255 | 1022 | 2024-05-24 | 0.12 - 0.13 | 0.13 | Out |
Call | 2024-05-24 CALL at $81.0 | 0.0455 | 0.0194 | 35 | 2024-05-24 | 0.08 - 0.1 | 0.09 | Out |
Call | 2024-05-24 CALL at $82.0 | 0.0355 | 0.0153 | 398 | 2024-05-24 | 0.05 - 0.08 | 0.07 | Out |
Call | 2024-05-24 CALL at $83.0 | 0.0298 | 0.0127 | 105 | 2024-05-24 | 0.04 - 0.06 | 0.06 | Out |
Call | 2024-05-24 CALL at $84.0 | 0.0208 | 0.0093 | 15 | 2024-05-24 | 0.03 - 0.05 | 0.04 | Out |
Call | 2024-05-24 CALL at $85.0 | 0.0197 | 0.0084 | 192 | 2024-05-24 | 0.02 - 0.04 | 0.04 | Out |
Call | 2024-05-24 CALL at $86.0 | 0.0187 | 0.0076 | 15 | 2024-05-24 | 0.01 - 0.04 | 0.04 | Out |
Call | 2024-05-24 CALL at $100.0 | 0.0039 | 0.0013 | 151 | 2024-05-24 | 0.0 - 0.07 | 0.01 | Out |
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Our tools can tell you how much better you can do entering a position in Marvell Technology without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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The danger of trading Marvell Technology Group is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Marvell Technology is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Marvell Technology. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Marvell Technology is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Marvell Technology is a strong investment it is important to analyze Marvell Technology's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Marvell Technology's future performance. For an informed investment choice regarding Marvell Stock, refer to the following important reports: Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Marvell Technology Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real. You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
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When running Marvell Technology's price analysis, check to measure Marvell Technology's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Marvell Technology is operating at the current time. Most of Marvell Technology's value examination focuses on studying past and present price action to predict the probability of Marvell Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Marvell Technology's price. Additionally, you may evaluate how the addition of Marvell Technology to your portfolios can decrease your overall portfolio volatility.
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Is Marvell Technology's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Marvell Technology. If investors know Marvell will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Marvell Technology listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.70) | Dividend Share 0.24 | Earnings Share (1.08) | Revenue Per Share 6.395 | Quarterly Revenue Growth 0.006 |
The market value of Marvell Technology is measured differently than its book value, which is the value of Marvell that is recorded on the company's balance sheet. Investors also form their own opinion of Marvell Technology's value that differs from its market value or its book value, called intrinsic value, which is Marvell Technology's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Marvell Technology's market value can be influenced by many factors that don't directly affect Marvell Technology's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Marvell Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Marvell Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Marvell Technology's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.