If you haven`t sold MRVL Marvell Technology before the previous earnings:
Then analyzing the options chain and the chart patterns of MRVL Marvell Technology prior to the earnings report this week, I would consider purchasing the 72.5usd strike price in the money Calls with an expiration date of 2024-3-15, for a premium of approximately $8.30. If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Trade closed: target reached
MRVL reached $85.77 after the earnings release, and the calls were definitely profitable. However, I didn't monitor the options chain back then.
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