MRVL

OIB Trade Alert: MRVL

Marvell Technology (MRVL) is pulling back a bit after a nice run-up earlier this week, but we’re still sitting on a great profit. Given MRVL’s trading action and the fact that rival Taiwan Semiconductor Manufacturing (TSM) is scheduled to report earnings tomorrow, it makes sense to lock it in now. Current Stock Price: $85.21 Cash…

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OIB Trade Alert: C, MRVL

We have positions in Citigroup (C) and Marvell Technology (MRVL) expiring today. I am recommending we allow our Citigroup shares to be called away given that the company is scheduled to report earnings next week. We will sell a put after the announcement to reduce our net debit on the position. And let’s close MRVL…

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OIB Trade Alert: MRVL, MU

I am recommending we close our Marvell Technology (MRVL) and Micron Technology (MU) puts. We’re sitting on a tidy profit in MRVL and I’d rather not risk holding through this afternoon’s expiration. Micron is scheduled to report earnings on Monday. I do not want to hold shares through the announcement. We will re-enter the position…

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OIB Trade Alert: MRVL, MU

Let’s book fast profits on core stock Marvell Technology (MRVL). I am also recommending we roll our Micron Technology (MU) put. This is a recovery position, and the income we generate from rolling will turn our net debit into cash in hand. MRVL Dec Week Two (12/10) 85 Put Current Stock Price: $91.52 Cash in…

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OIB Trade Alert: MRVL, RUN

Let’s book hefty profits on our Marvell Technology (MRVL) and Sunrun (RUN) positions. MRVL Nov Monthly (11/19) 71 Put Current Stock Price: $73.42 Cash in Hand: $0.91 Action: Buy to close the MRVL Nov Monthly (11/19) 71 Put Current Option Price: $0.14-$0.19 Recommended Limit: Set your initial limit order at $0.17, but adjust as needed…

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