Marvell Technology Stock Rises on Nvidia Investment, Sparking Huge Unusual Options Trades
Nvidia Inc. (NVDA) recent investment of 2 billion dollars in Marvell Technology (MRVL) and management’s recent earnings guidance have driven MRVL stock higher. This has led to a huge and unusual trading of in-the-money MRVL puts. These are all bullish signs for investors in MRVL stock. MRVL rose today in mid-day trading $108.86. That’s an…