Creating a 39% “Dividend” on MRVL Stock Using Options

Group 1 - Marvell Technology (MRVL) stock is recognized as a highly rated growth stock with strong analyst ratings [1] - The stock has a low dividend yield of 0.26% [1] - A conservative investment strategy involves selling a March 20, 2026 put option with a strike price of $85, generating approximately $815 in option premium over three months [2] Group 2 - The investment of $8,500 into MRVL through the put option results in an annualized "dividend" of 38.7% [3] - Selling cash secured puts is a bullish strategy, but it is less bullish than owning MRVL stock due to limited potential gains [5] - The $85-strike put has a delta of 37, providing exposure equivalent to owning 37 shares of MRVL stock, with a 63% chance of expiring worthless [7] Group 3 - A risk mitigation strategy involves creating a bull put spread by buying a $75-strike put, reducing risk from $7,685 to around $600 [8] - Marvell Technology operates as a fabless designer, developer, and marketer of analog, mixed-signal, and digital signal processing integrated circuits [10]