Investors with a lot of money to spend have taken a bullish stance on Marvell Technology (NASDAQ:MRVL).And retail traders should know.We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga.Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with MRVL, it often means somebody knows something is about to happen.So how do we know what these investors just did? Today, Benzinga's options scann ...

Financial giants have made a conspicuous bullish move on Marvell Tech. Our analysis of options history for Marvell Tech (NASDAQ:MRVL) revealed 46 unusual trades.Delving into the details, we found 47% of traders were bullish, while 39% showed bearish tendencies. Out of all the trades we spotted, 14 were puts, with a value of $736,590, and 32 were calls, valued at $1,813,123.Predicted Price RangeAnalyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price w ...

Core Insights - Financial giants are showing a bullish sentiment towards Marvell Technology, with 45% of traders being bullish and only 27% bearish, indicating a strong interest in the stock [1] - The major market movers are focusing on a price range between $55.0 and $160.0 for Marvell Tech over the last three months, suggesting significant trading activity within this band [2] - The mean open interest for Marvell Tech options trades is 4,107.76, with a total volume of 6,086.00, reflecting healthy liquidity and interest in the options market [3] Options Activity - Recent options activity shows a mix of neutral and bullish sentiments, with notable trades including calls with total trade prices of $672,000 and $578,500, indicating strong demand for upward price movement [8] - The options trading data highlights a variety of strike prices, with significant volumes associated with calls, suggesting traders are positioning for potential price increases [8] Company Overview - Marvell Technology is a fabless chip designer with a strong focus on wired networking, holding the second-highest market share in this sector, and serves multiple end markets including data centers and automotive [9] - Professional analysts have provided ratings for Marvell Tech, with an average target price of $106.8, indicating a generally positive outlook among experts [10][11] - The current stock price of MRVL is $101.87, reflecting a 1.67% increase, with upcoming earnings expected in 90 days [13]

Group 1 - Major investors are taking a bearish position on Marvell Technology (NASDAQ:MRVL), indicating potential insider information influencing their trades [1][2] - The sentiment among these traders is predominantly bearish, with 75% of the options identified being bearish and only 25% bullish [2] - The options activity suggests a price target range for Marvell Tech between $65.0 and $100.0 over the past quarter [3][4] Group 2 - Recent options activity shows significant trades, including 11 call options totaling $774,851 and one put option worth $28,350 [2][9] - The volume and open interest data for Marvell Tech's options indicate a focus on liquidity and interest within the $65.0 to $100.0 strike price range [4][10] - Analysts have set an average target price of $93.75 for Marvell Tech, with varying ratings from different firms, including a Neutral rating from Goldman Sachs and a Buy rating from UBS [11][12] Group 3 - Marvell Technology is a fabless chip designer with a strong market presence in wired networking, serving various sectors including data centers and automotive [10] - The current stock price of MRVL is $85.91, reflecting a 2.97% increase, with upcoming earnings expected in six days [14]