$MRVL reports after the bell today. IV sitting at 213%+.
I'm passing. That IV crush tomorrow morning is going to be vicious — you need a massive move just to break even on premium. Even if you're directionally right, theta and vega collapse will eat most of the gain.
If you're tempted, size tiny or stay flat. This isn't a setup where edge lives.
I'm passing. That IV crush tomorrow morning is going to be vicious — you need a massive move just to break even on premium. Even if you're directionally right, theta and vega collapse will eat most of the gain.
If you're tempted, size tiny or stay flat. This isn't a setup where edge lives.
