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$MRVL's 13.6% run makes its $240 put pay 4.7% in 36 days

$MRVL's Oct 30 $240 put pays $11.175 mid (47.21% annualized) with a 12.48% cushion. No earnings in the window, but Investor Day lands Oct 6.

YieldCove Desk

4 min read

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MRVLAVGOCRDO
Close-up of a Marvell hard-drive controller chip die with its etched circuitry exposed
Photo: Martijn Boer / Wikimedia Commons, Public domain

Marvell ($MRVL) designs the chips that move data inside AI data centers: custom accelerators, optical links and switches. Data centers were 79% of its revenue last quarter.

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