Schaeffer's Option Blog: Trader Bets on a Post-Earnings Price Swing for Marvell Technology Group Ltd.
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CINCINNATI--(Business Wire)-- Call volume on Marvell Technology Group Ltd. (NASDAQ: MRVL) has been rampant recently, as investors place their bets ahead of the semiconductor concern's turn in the earnings limelight after the closing bell today. During the past couple of weeks, speculators on the International Securities Exchange (ISE) have bought to open more than eight times as many calls than puts on MRVL. What's more, the stock's ISE 10-day call/put volume ratio of 8.23 ranks in the 81st annual percentile, implying that option players on the exchange have been more bullishly biased toward MRVL only 19% of the time during the past year. To continue reading this article, click here: http://www.schaeffersresearch.com/marketcenters/optionscenter/default1.aspx?id=94866&source=businesswire Schaeffer's Investment Research Andrea Kramer, 513-589-3800 akramer@sir-inc.com Copyright Business Wire 2009
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