MRVL

OIB Trade Alert: MRVL, MU

I am recommending we roll our Marvell Technology Group (MRVL) and Micron Technology (MU) calls down to reduce our cost basis on the positions. Note that we are keeping the expiration dates the same. MRVL May Week Two (5/14) 47 Call   Current Stock Price: $43.05 Cost Basis: $51.20 Action: Buy to close the MRVL…

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OIB Trade Alert: ICLN, MRVL, MU

We accepted shares of iShares Global Clean Energy ETF (ICLN), Marvell Technology Group (MRVL) and Micron Technology (MU) last week. I am recommending calls to sell against them to reduce our cost basis on the positions. Note that these recommendations are only for people who own shares of these stocks uncovered from previous recommendations. ICLN…

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OIB Trade Alert: MRVL, MU

I am recommending we roll our Marvell Technology Group (MRVL) and Micron Technology (MU) puts out one week to buy ourselves some time. The semiconductor sector has been hit by irrational concerns about chip shortages hurting revenue growth. Last time I checked, tight inventory meant higher selling prices and operating margins. So, I expect the…

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OIB Trade Alert: MRVL

Our Marvell Technology Group (MRVL) shares were called away last week, causing us to incur a net debit on the position. I am recommending a new put to sell today that will reduce that net debit. You can sell this put even if you were not in the previous position. Just be aware that we…

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