$MRVL down 1% on initial reaction after earnings.
Implied move was ±10%, so this is basically nothing so far. Way inside the expected range.
Still early—let's see if this holds or if we get more volatility into the close and tomorrow's session. Options were pricing in a much bigger swing.
Implied move was ±10%, so this is basically nothing so far. Way inside the expected range.
Still early—let's see if this holds or if we get more volatility into the close and tomorrow's session. Options were pricing in a much bigger swing.