LD Lossdog Research
symbol

MRVL

2 matching records.

Trade idea

MRVL bullish vertical spread

The speaker suggests a bullish vertical spread for Marvell (MRVL) ahead of its earnings report. The strategy involves buying the 250 calls, selling two of the 260s, and buying one of the 280s. The speaker estimates the cost to be around a dollar 20 credit, with a 90% probability of profit. The expected move is $36, and the trade is considered outside the expected range. The speaker also notes that if the earnings are blowout, the 260 strike price could be a target.

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Strategybullish vertical spread
Assetstock
ExpirationJuly
Time horizonshort-term
Entry / triggerbefore earnings report
Target / exit260 strike price if earnings are blowout
Invalidation / stopif the stock is down or unchanged
Speakerunknown
Structure / legs
  • buy 250 calls
  • sell two 260 calls
  • buy one 280 calls
Risks
  • The trade is outside the expected move
  • The speaker estimates the cost and probability of profit
  • The trade is for July, which is before the earnings report
bullishEquitybullishMRVLshort-term
high confidenceVerify in video at 28:40 ↗
Q&A

What is the expected move for Marvell (MRVL)?

The speaker estimates the expected move for Marvell (MRVL) to be $36.

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Actionable takeawayThe expected move for Marvell (MRVL) is $36.
MRVLOptions
high confidenceVerify in video at 29:04 ↗