Marvell Tech Option Alert: Jan 16 $92.5 Puts at the Bid: 950 vs 1106 OI; Earnings 3/5 After Close 

Marvell Tech Option Alert: Jan 16 $92.5 Puts at the Bid: 950 @ $11.75 vs 1106 OI; Earnings 3/5 After Close Ref=$107.195

Marvell Tech Option Alert: Jun 20 $120 Puts at the Bid: 1450 vs 687 OI; Earnings 3/5 After Close 

Marvell Tech Option Alert: Jun 20 $120 Puts at the Bid: 1450 @ $20.85 vs 687 OI; Earnings 3/5 After Close Ref=$107.4

Marvell Tech Option Alert: Jun 20 $100 Puts at the Ask: 500 vs 1460 OI; Earnings 3/5 After Close 

Marvell Tech Option Alert: Jun 20 $100 Puts at the Ask: 500 @ $10.45 vs 1460 OI; Earnings 3/5 After Close Ref=$105.52

Marvell Tech Option Alert: Mar 28 $75 Puts at the Bid: 8000 vs 5 OI; Earnings 3/5 After Close 

Marvell Tech Option Alert: Mar 28 $75 Puts at the Bid: 8000 @ $0.79 vs 5 OI; Earnings 3/5 After Close Ref=$100.72

Marvell Tech (NASDAQ:MRVL) Azioni

MARVELL TECHNOLOGY INC

Marvell Tech

Marvell Technology is a fabless chip designer focused on wired networking, where it has the second-highest market share. Marvell serves the data center, carrier, enterprise, automotive, and consumer end markets with processors, optical and copper transceivers, switches, and storage controllers.

Marvell Technology

Marvell Technology Group

Silicon,Wafer,With,Microchips,Used,In,Electronics,For,The,Fabrication

Analyst Color

Long Ideas

Analyst Ratings

Tech

Trading Ideas

AMZN

AVGO

GOOG

GOOGL

MRVL

NVDA

iShares PHLX SOX Semiconductor Sector Index Fund

SOXX

L&#39;IA continua la sua corsa e si prepara a una nuova ondata. L&#39;analisi di una delle principali banche d&#39;affari svela i protagonisti del futuro.

JPMorgan: queste due aziende potrebbero dominare la prossima ondata dell&#39;IA

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Analisi RSI: il crollo dei prezzi nasconde gemme nascoste nel settore tecnologico? Le azioni da tenere d&#39;occhio.

Quali azioni del settore informatico offrono un&#39;opportunità unica?

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Market Summary

Performance deludente sui mercati azionari: cosa ha causato la brusca frenata e quali sono le prospettive future per il settore tecnologico?

Crollo in borsa per questo titolo tecnologico dopo i risultati trimestrali

Marvell Technology Inc

BofA Securities analyst Vivek Arya met several <a target="_blank" href="https://www.benzinga.com/topic/semiconductors" rel="noreferrer noopener">optical and networking component</a> vendors at the industry&#8217;s flagship Optical Fiber Communications (OFC) conference in San Francisco this week.&nbsp;
This year&#8217;s OFC seemed extra relevant due to the increasing importance of optical innovations in enabling higher-speed AI clusters.&nbsp;
Historically, high competition and pricing pressures have hurt the optical industry.
Also Read: <a target="_blank" href="https://www.benzinga.com/25/03/44517705/marvell-launches-next-gen-connectivity-to-meet-rising-ai-demands-in-data-infrastructure" rel="noreferrer noopener">Marvell Launches Next-Gen Connectivity to Meet Rising AI Demands in Data Infrastructure</a>
Still, the rising tide of AI is so strong, the vendors appear more confident in projecting growth for the next few years ($10 billion in calendar 2024, going to $30 billion by calendar 2029, per Lumentum/Lightcounting), significantly as it&#8217;s levered to capex from strong US cloud customers with a mission-critical need to invest in AI, versus more prior cycles driven by cyclically exposed global telcos.
Within optical components, Arya is most positive on Broadcom Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVGO#NASDAQ">AVGO</a>) (price target $260) in large-cap and Coherent Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/COHR#NYSE">COHR</a>) (price target $125) in SMIdcap, though he also noted positive sentiment at Credo Technology Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CRDO#NASDAQ">CRDO</a>) (price target $75), Lumentum Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LITE#NASDAQ">LITE</a>) (price target $85), Marvell Technology (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MRVL#NASDAQ">MRVL</a>) (price target $120) and MACOM Technology Solutions Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MTSI#NASDAQ">MTSI</a>) (price target $160).
Going into OFC and last week&#8217;s Nvidia Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) GTC, the prevailing concern was the imminent launch of co-packaged optics (CPO) solutions in scale-out (between racks) and scale-up (within AI rack), potentially impacting the current discrete pluggable market that uses optical transceivers (Tx) with digital signal processors (DSP).&nbsp;&nbsp;
The reality was that Nvidia mentioned but did not launch any new scale-up solution. In some instances, the roadmap still relies heavily on copper or linear pluggable (LPO). Nvidia&#8217;s CPO announcements are spread out in the second half of 2026 for InfiniBand and in the second half of 2027 for Ethernet, indicating no real urgency in deployment.&nbsp;
Meanwhile, during OFC, Arya heard talks from Alphabet Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) Google, and Meta Platforms Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>), showing no specific interest in abandoning the operationally sound pluggables approach to jump to CPO.&nbsp;
CPO can indeed save on space and power, but it comes at higher operational costs and has yet to be proven reliable. Any major deployment is pushing out to later this decade despite the strong tech offerings from CPO leader Broadcom and then Nvidia. Overall, Arya remains confident in the pluggable growth at Coherent and key DSP supplier Marvell Technology.
Arya attended Lumentum&#8217;s Analyst Day, where management raised its intermediate-term growth projections towards $3 billion from $2.4 billion given at last year&#8217;s OFC.&nbsp; Per Lumentum, it&#8217;s on track to achieve its $500 million quarterly run rate, exiting this year with $600 million+ per quarter in 6-9 months thereafter and $750 million a year later.&nbsp;
Interestingly, the increase from $2.4 billion to $3 billion is driven more by optical circuit switches (OCS) and high-speed continuous wave (CW) lasers rather than optical Tx, which could help from a margin perspective.&nbsp; Arya maintained the Underperform rating until he got a better indication of OCS industry demand outside Google&#8217;s captive OCS switch. Arya prefers Coherence, which is exposed to many of the same trends but with more attractive valuation and margin expansion opportunities.
Read Next:
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<li><a href="https://www.benzinga.com/25/04/44651259/asml-stock-hits-52-week-low-as-trumps-eu-tariffs-and-china-sanctions-weigh-on-outlook" target="_blank" rel="noreferrer noopener">Trump&#8217;s EU Tariffs Impacts Chip Equipment Giant ASML, Stock Hits 52-Week Low</a></li>
</ul>
Photo via Shutterstock

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COHR

CRDO

LITE

MTSI

Rising Tide Of AI Is So Strong That Semiconductor Optical Industry Projects $30 Billion Total Addressable Market By 2029

WIIM

AMAT

ASML

INTC

KLAC

LRCX

LSCC

MPWR

NXPI

SMCI

Shares of chip stocks are trading lower as global markets continue to decline following President Trump's announcement of sweeping tariffs.

DATS, LMFA, TDTH, IVDAAAPL, AKAM, AMD, APPS, ARM, ARQQ, ASML, ATGL, CDNS, CMBM, CMTL, COHR, CSAI, DATS, DELL, DGNX, DT, ENPH, ENTG, FICO, FSLY, GDDY, GEN, GFS, GOOG, GOOGL, GWRE, INTC, INTZ, IVDA, JKS, KC, LAES, LDTC,
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Maxeon Solar Technologies, Ltd. - Ordinary Shares

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SHOP

SMTK

SNCR

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SNPS

STAI

TTAN

XTKG

ZETA

Shares of companies within the broader technology sector are trading lower as markets react to President Trump's announcement of sweeping tariffs.

The AI revolution isn&#8217;t just about chips—it&#8217;s about the high-speed highways that move data between them. According to JPMorgan analyst Harlan Sur, Broadcom Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVGO#NASDAQ">AVGO</a>) and Marvell Technology Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MRVL#NASDAQ">MRVL</a>) are at the center of this networking build-out, making them prime beneficiaries of <a href="https://www.benzinga.com/topic/artificial-intelligence">the AI boom</a>.
<h2 class="wp-block-heading">Networking Demand Surges with AI Compute</h2>
Sur highlights that the rapid expansion of accelerated computing &#8211; powered by Nvidia Corp&#8216;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) Blackwell GPUs, Alphabet Inc&#8216;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) Google&#8217;s TPUv6, and Amazon.com Inc's (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>) Trainium 2 &#8211; is fueling an insatiable need for faster networking. As hyperscalers scale out their data centers, demand for 800G and next-gen 1.6T networking solutions is set to soar through 2025 and beyond.
At the OFC Networking Conference this week, Broadcom showcased its dominance in high-performance switching, with its Tomahawk 5 and Jericho 3 chipsets seeing strong demand. The company is also gearing up for the launch of its 3nm Tomahawk 6 later this year, further strengthening its AI networking footprint.
Read Also: <a href="https://www.benzinga.com/trading-ideas/technicals/25/04/44588724/intel-make-or-break-moment-can-new-ceo-lip-bu-tan-turn-it-around">Intel Faces Make-Or-Break Moment: Can New CEO Lip-Bu Tan Turn It Around?</a>
<h2 class="wp-block-heading">Marvell: The King Of PAM4 DSPs</h2>
Marvell continues to dominate the PAM4 DSP market, commanding over 70% market share and generating more than $1.5 billion in revenue from this segment in 2024. 
The company is leading the charge in next-gen 1.6T AEC and silicon photonics (SiPho) solutions, positioning itself to capitalize on both scale-out and scale-up networking demand. With strong AI-ASIC ramps in the pipeline, Marvell's data center business looks set for solid Q/Q growth through the rest of the year, the analyst said.
<h2 class="wp-block-heading">Broadcom: The Networking Powerhouse</h2>
Broadcom, meanwhile, is flexing its dominance in high-performance networking. Its Tomahawk 5 switch (51.2Tbps throughput) is already in high-volume production, and the next-gen Tomahawk 6 (102Tbps) is expected to drop later this year. AI-related networking revenue is up over 60%, and Broadcom's deep lineup of scale-out and scale-up solutions—ranging from PCIe Gen5 connectivity to co-packaged optics—keeps it ahead of the pack, according to Sur.
<h2 class="wp-block-heading">Actionable ETFs for Investors</h2>
For those looking to gain exposure to this AI-driven networking surge, iShares Semiconductor ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SOXX#NASDAQ">SOXX</a>) and VanEck Semiconductor ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMH#NASDAQ">SMH</a>) both hold significant positions in Broadcom and Marvell, making them prime ways to ride this wave.
With hyperscalers racing to upgrade their AI infrastructure, Broadcom and Marvell are sitting in the sweet spot. 
With demand for ultra-high-speed networking solutions on the rise, these two semiconductor leaders appear well-positioned for further growth.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/analyst-ratings/analyst-color/25/03/44539735/nvidia-stock-an-attractive-opportunity-analyst-says-valuation-cheap-despite-china-restrictions">Nvidia Stock &#8216;An Attractive Opportunity,&#8217; Analyst Says Valuation Cheap Despite China Restrictions</a></li>
</ul>
Photo: asharkyu/Shutterstock.com

JPMorgan Says Broadcom, Marvell Could Dominate AI's Next Frontier — Here's Why

NVIDIA Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) shares have fallen 19.6% year to date, pressured by ongoing concerns about AI spending, trade restrictions and broader market weakness. The stock, which was one of the best-performing names in 2024, has struggled in 2025 as investors reassess growth expectations and adjust to an increasingly uncertain <a href="https://www.benzinga.com/quote/NVDA">economic environment.</a>
What To Know: Restrictions on chip exports to China remain a major headwind for Nvidia, raising concerns about the company&#8217;s ability to maintain its strong revenue growth. The company relies on China as a key market for its AI chips and any disruption in sales could have a material impact. Recent reports indicate that China is ramping up efforts to reduce its dependence on U.S. technology, which could further hurt Nvidia&#8217;s long-term positioning.
AI spending, which drove Nvidia's massive stock surge last year, is now under increased scrutiny. Some analysts are warning that corporations could slow their AI infrastructure investments in response to economic uncertainty.
Q1 Earnings: Nvidia's <a href="https://www.benzinga.com/news/earnings/25/02/43991607/nvidia-q4-earnings-highlights-revenue-beat-eps-beat-demand-for-blackwell-is-amazing">latest earnings report</a> helped accelerate the downside momentum in shares. Revenue jumped 78% year-over-year and earnings per share climbed 71%. The company guided for first-quarter revenue of $43 billion, significantly higher than the $26.04 billion reported in the same quarter last year. Despite these numbers, the stock has continued to decline as investors focus more on macroeconomic risks and shifting sentiment around AI-related spending.
Market Overview: The broader semiconductor sector is also facing challenges. Advanced Micro Devices Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMD#NASDAQ">AMD</a>) is down 14.9% year-to-date, Broadcom Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVGO#NASDAQ">AVGO</a>) has fallen 28% and Marvell Technology Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MRVL#NASDAQ">MRVL</a>) is down 44.5%. Nvidia's premium valuation has become less of a talking point as market conditions shift. The stock currently trades with a forward price-to-earnings ratio of approximately 24.5, which remains above some of its peers, but is down significantly from the peak.
U.S. President Donald Trump is set to announce reciprocal tariffs on several countries at 4 p.m. ET. The Trump administration has said the tariffs could target specific sectors.
NVDA Price Action: Nvidia shares were down 0.52% at $109.57 at the time of publication Wednesday, according to <a href="https://pro.benzinga.com/dashboard?new_user=False&amp;backend=google-oauth2">Benzinga Pro.</a>
<figure class="wp-block-image size-large is-resized"><a href="https://www.benzinga.com/pro/register?utm_adType=bzprocontent&amp;utm_campaign=14daytrial&amp;utm_ad=0402"><img loading="lazy" decoding="async" width="1024" height="514" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/02142554/Screenshot-2025-04-02-at-14.25.28-1024x514.png" alt="" class="wp-image-853931" style="width:400px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/02142554/Screenshot-2025-04-02-at-14.25.28-1024x514.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/02142554/Screenshot-2025-04-02-at-14.25.28-300x151.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/02142554/Screenshot-2025-04-02-at-14.25.28-768x385.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/02142554/Screenshot-2025-04-02-at-14.25.28-1536x771.png 1536w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/02142554/Screenshot-2025-04-02-at-14.25.28.png 1554w" sizes="(max-width: 1024px) 100vw, 1024px" /></a></figure>
Read Next:
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<li><a href="https://www.benzinga.com/economics/macro-economic-events/25/04/44612611/wall-street-rebounds-ahead-of-tariff-announcement-small-caps-rally-bitcoin-hits-87000-whats-driving-markets-wednesday">Wall Street Rebounds Ahead Of Tariff Announcement, Small Caps Rally, Bitcoin Hits $87,000: What&#8217;s Driving Markets Wednesday?</a></li>
</ul>
Photo: Shutterstock.

Movers

Nvidia Stock Is Down Nearly 20% YTD: What's Going On?

Whales with a lot of money to spend have taken a noticeably bearish stance on Marvell Tech.
Looking at options history for Marvell Tech (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MRVL#NASDAQ">MRVL</a>) we detected 17 trades.
If we consider the specifics of each trade, it is accurate to state that 35% of the investors opened trades with bullish expectations and 58% with bearish.
From the overall spotted trades, 8 are puts, for a total amount of $508,879 and 9, calls, for a total amount of $380,653.
<h3>Predicted Price Range</h3>
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $60.0 and $95.0 for Marvell Tech, spanning the last three months.
<h3>Analyzing Volume &amp; Open Interest</h3>
Examining the volume and open interest provides crucial insights into stock research. This information is key in gauging liquidity and interest levels for Marvell Tech's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across Marvell Tech's significant trades, within a strike price range of $60.0 to $95.0, over the past month.
<h3>Marvell Tech Option Activity Analysis: Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1743610141_0.png" alt="Options Call Chart" />
<h3>Noteworthy Options Activity:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th align="right">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>MRVL</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>04/04/25</td>
<td>$1.87</td>
<td>$1.79</td>
<td>$1.87</td>
<td>$63.00</td>
<td>$102.8K</td>
<td>2.6K</td>
<td align="right">550</td>
</tr>
<tr>
<td>MRVL</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>08/15/25</td>
<td>$32.9</td>
<td>$32.85</td>
<td>$32.85</td>
<td>$95.00</td>
<td>$98.5K</td>
<td>1.3K</td>
<td align="right">30</td>
</tr>
<tr>
<td>MRVL</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>06/20/25</td>
<td>$6.6</td>
<td>$6.55</td>
<td>$6.6</td>
<td>$62.50</td>
<td>$87.1K</td>
<td>3.3K</td>
<td align="right">182</td>
</tr>
<tr>
<td>MRVL</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>07/18/25</td>
<td>$8.7</td>
<td>$8.65</td>
<td>$8.65</td>
<td>$65.00</td>
<td>$60.5K</td>
<td>528</td>
<td align="right">70</td>
</tr>
<tr>
<td>MRVL</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>11/21/25</td>
<td>$7.35</td>
<td>$7.25</td>
<td>$7.3</td>
<td>$75.00</td>
<td>$58.4K</td>
<td>192</td>
<td align="right">80</td>
</tr>
</tbody>
</table>

<h3>About Marvell Tech</h3>
Marvell Technology is a fabless chip designer focused on wired networking, where it has the second-highest market share. Marvell serves the data center, carrier, enterprise, automotive, and consumer end markets with processors, optical and copper transceivers, switches, and storage controllers.
Following our analysis of the options activities associated with Marvell Tech, we pivot to a closer look at the company's own performance.
<h3>Current Position of Marvell Tech</h3>
<ul>
<li>Currently trading with a volume of 3,403,040, the MRVL's price is down by -1.79%, now at $61.55. </li>
<li>RSI readings suggest the stock is currently may be oversold.</li>
<li>Anticipated earnings release is in 57 days.</li>
</ul>
<h3>What The Experts Say On Marvell Tech</h3>
In the last month, 5 experts released ratings on this stock with an average target price of $118.0.
Turn $1000 into $1270 in just 20 days?
20-year pro options trader reveals his one-line chart technique that shows when to buy and sell. Copy his trades, which have had averaged a 27% profit every 20 days. <a href="https://www.benzinga.com/premium/ideas/options-moneyline-2/?t=Moop1arja3be22op14&amp;adType=benzinga-insights&amp;ad=options-activity&amp;campaign=wallstreetadvantage">Click here for access</a>. 
&#x2A; Maintaining their stance, an analyst from Keybanc continues to hold a Overweight rating for Marvell Tech, targeting a price of $115. 
&#x2A; Reflecting concerns, an analyst from Benchmark lowers its rating to Buy with a new price target of $135. 
&#x2A; An analyst from Barclays persists with their Overweight rating on Marvell Tech, maintaining a target price of $130. 
&#x2A; Maintaining their stance, an analyst from Piper Sandler continues to hold a Overweight rating for Marvell Tech, targeting a price of $95. 
&#x2A; An analyst from Stifel has decided to maintain their Buy rating on Marvell Tech, which currently sits at a price target of $115. 
Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.
If you want to stay updated on the latest options trades for Marvell Tech, <a href="https://www.benzinga.com/pro/">Benzinga Pro</a> gives you real-time options trades alerts.

Options

Marvell Tech Unusual Options Activity

The S&amp;P 500, tracked by SPDR S&amp;P 500 (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>), has recorded its largest quarterly underperformance against global markets in 37 years. 
What Happened: The U.S. benchmark index trailed the MSCI All Country World Excluding United States Index by the widest margin since 1988, according to Bloomberg data shared by Barchart on Monday. 
The performance gap marks a notable reversal from recent years when U.S. stocks frequently outpaced international markets.
Large-cap technology stocks drove much of the quarterly decline, according to <a href="https://pro.benzinga.com/dashboard">data from Benzinga Pro</a>. Trade Desk (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TTD#NASDAQ">TTD</a>) fell 53.99%, Deckers Outdoor (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DECK#NYSE">DECK</a>) dropped 46.13%, and Marvell Technology (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MRVL#NASDAQ">MRVL</a>) lost 45.40%. Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) declined 38.95% during the period.
The technology sector&#8217;s weakness is reflected in the iShares Semiconductor ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SOXX#NASDAQ">SOXX</a>), which fell 11.9% in March alone. The broader tech-focused Nasdaq 100 dropped 1.1% as semiconductor <a href="https://www.benzinga.com/news/econ-s/25/03/44567966/stocks-fall-sp-500-eyes-worst-month-in-almost-two-years-oil-rallies-whats-driving-markets-monday">companies weighed on performance</a>.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">S&amp;P 500 suffers largest quarterly underperformance relative to the rest of the world in 37 years &#x1f6a8; <a href="https://t.co/JbWLxSH1GG">pic.twitter.com/JbWLxSH1GG</a>
&mdash; Barchart (@Barchart) <a href="https://twitter.com/Barchart/status/1906821431352029565?ref_src=twsrc%5Etfw">March 31, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
See Also: <a href="https://www.benzinga.com/analyst-ratings/analyst-color/25/03/44571608/april-is-oils-best-month-may-second-will-prices-hit-80-before-summer">April Is Oil&#8217;s Best Month, May Second: Will Prices Hit $80 Before Summer?</a>
Why It Matters: Energy emerged as the quarter&#8217;s strongest sector, tracking toward its fourth consecutive positive month with year-to-date gains of 8.5%. The Energy Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLE#NYSE">XLE</a>) outperformed other sectors in recent trading.
Goldman Sachs, citing the changing market dynamics, lowered its S&amp;P 500 earnings growth estimates to 3% for 2025 and 6% for 2026, down from 7% <a href="https://www.benzinga.com/economics/macro-economic-events/25/03/44560485/goldman-sachs-slashes-sp-500-price-outlook-as-tariffs-weaker-growth-hit-earnings">previously for both years</a>.
Meanwhile, as U.S. stocks struggled, gold prices reached $3,115 per ounce, posting their <a href="https://www.benzinga.com/news/econ-s/25/03/44567966/stocks-fall-sp-500-eyes-worst-month-in-almost-two-years-oil-rallies-whats-driving-markets-monday">strongest three-month rally</a> since 2009.
Historical perspective from Bloomberg data indicates the performance gap between U.S. and global stocks has fluctuated significantly over time, with the S&amp;P 500 occasionally outperforming global markets by up to 15 percentage points in the early 1990s, late 1990s, and mid-2000s.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/news/25/03/44568282/blackrock-ceo-larry-finks-2025-investor-letter-how-the-company-will-navigate-ai-inflation-global-markets">BlackRock CEO Larry Fink&#8217;s 2025 Investor Letter: How The Company Will Navigate AI, Inflation, Global Markets</a></li>
</ul>
Image via Shutterstock
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

DECK

TSLA

S&P 500 Just Had Its Worst Quarter vs. Global Stocks Since 1988: What's Driving The Rout

Whales with a lot of money to spend have taken a noticeably bearish stance on Marvell Tech.
Looking at options history for Marvell Tech (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MRVL#NASDAQ">MRVL</a>) we detected 52 trades.
If we consider the specifics of each trade, it is accurate to state that 38% of the investors opened trades with bullish expectations and 48% with bearish.
From the overall spotted trades, 29 are puts, for a total amount of $3,264,879 and 23, calls, for a total amount of $1,216,074.
<h3>Expected Price Movements</h3>
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $35.0 to $120.0 for Marvell Tech over the recent three months. 
<h3>Volume &amp; Open Interest Development</h3>
In terms of liquidity and interest, the mean open interest for Marvell Tech options trades today is 1727.55 with a total volume of 39,980.00.
In the following chart, we are able to follow the development of volume and open interest of call and put options for Marvell Tech's big money trades within a strike price range of $35.0 to $120.0 over the last 30 days.
<h3>Marvell Tech Call and Put Volume: 30-Day Overview</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1743449445_0.png" alt="Options Call Chart" />
<h3>Significant Options Trades Detected:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>MRVL</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>04/17/25</td>
<td>$2.81</td>
<td>$2.76</td>
<td>$2.8</td>
<td>$60.00</td>
<td>$560.0K</td>
<td>20.5K</td>
<td>2.2K</td>
</tr>
<tr>
<td>MRVL</td>
<td>PUT</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>06/18/26</td>
<td>$10.45</td>
<td>$10.1</td>
<td>$10.3</td>
<td>$55.00</td>
<td>$412.0K</td>
<td>33</td>
<td>400</td>
</tr>
<tr>
<td>MRVL</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>11/21/25</td>
<td>$10.15</td>
<td>$10.0</td>
<td>$10.0</td>
<td>$60.00</td>
<td>$400.0K</td>
<td>9</td>
<td>405</td>
</tr>
<tr>
<td>MRVL</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>06/18/26</td>
<td>$2.9</td>
<td>$2.83</td>
<td>$2.88</td>
<td>$35.00</td>
<td>$288.0K</td>
<td>16</td>
<td>1.0K</td>
</tr>
<tr>
<td>MRVL</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>03/20/26</td>
<td>$18.1</td>
<td>$17.95</td>
<td>$18.1</td>
<td>$70.00</td>
<td>$255.2K</td>
<td>379</td>
<td>142</td>
</tr>
</tbody>
</table>

<h3>About Marvell Tech</h3>
Marvell Technology is a fabless chip designer focused on wired networking, where it has the second-highest market share. Marvell serves the data center, carrier, enterprise, automotive, and consumer end markets with processors, optical and copper transceivers, switches, and storage controllers.
Having examined the options trading patterns of Marvell Tech, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance
<h3>Present Market Standing of Marvell Tech</h3>
<ul>
<li>With a volume of 10,334,825, the price of MRVL is down -1.5% at $61.11. </li>
<li>RSI indicators hint that the underlying stock may be oversold.</li>
<li>Next earnings are expected to be released in 59 days.</li>
</ul>
<h3>Expert Opinions on Marvell Tech</h3>
Over the past month, 5 industry analysts have shared their insights on this stock, proposing an average target price of $115.4.
Turn $1000 into $1270 in just 20 days?
20-year pro options trader reveals his one-line chart technique that shows when to buy and sell. Copy his trades, which have had averaged a 27% profit every 20 days. <a href="https://www.benzinga.com/premium/ideas/options-moneyline-2/?t=Moop1arja3be22op14&amp;adType=benzinga-insights&amp;ad=options-activity&amp;campaign=wallstreetadvantage">Click here for access</a>. 
&#x2A; Maintaining their stance, an analyst from Citigroup continues to hold a Buy rating for Marvell Tech, targeting a price of $122. 
&#x2A; An analyst from Morgan Stanley has decided to maintain their Equal-Weight rating on Marvell Tech, which currently sits at a price target of $90. 
&#x2A; Maintaining their stance, an analyst from B of A Securities continues to hold a Buy rating for Marvell Tech, targeting a price of $120. 
&#x2A; An analyst from Benchmark downgraded its action to Buy with a price target of $135. 
&#x2A; An analyst from Loop Capital has elevated its stance to Buy, setting a new price target at $110. 
Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for Marvell Tech with <a href="https://www.benzinga.com/pro/">Benzinga Pro</a> for real-time alerts.

Looking At Marvell Tech's Recent Unusual Options Activity

Marvell Tech's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MRVL#NYSE">MRVL</a>) short percent of float has risen 4.83% since its last report. The company recently reported that it has 25.45 million shares sold short, which is 3.47% of all regular shares that are available for trading. Based on its trading volume, it would take traders 1.0 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock?adType=benzinga-insights&amp;ad=short-interest&amp;campaign=wallstreetadvantage">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest?adType=benzinga-insights&amp;ad=short-interest&amp;campaign=wallstreetadvantage">List of the most shorted stocks</a>
<h3>Marvell Tech Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1743436830_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Marvell Tech has grown since its last report. This does not mean that the stock is going to fall in the near-term but traders should be aware that more shares are being shorted.
<h3>Comparing Marvell Tech's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://www.benzinga.com/pro/">Benzinga Pro</a>, Marvell Tech's peer group average for short interest as a percentage of float is 5.29%, which means the company has less short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze?adType=benzinga-insights&amp;ad=short-interest&amp;campaign=wallstreetadvantage">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

Short Sellers

Short Ideas

Looking Into Marvell Tech's Recent Short Interest

ATGL

DATS

DGNX

IVDA

LMFA

QCOM

TDTH

UBXG

Shares of companies in the broader technology sector are trading lower following greater-than-expected inflation data measured through the PCE price index for February, while personal spending missed estimates. Additionally, recent tariff announcements may be weighing on equities.

The most oversold stocks in the information technology sector presents an opportunity to buy into undervalued companies.
The RSI is a momentum indicator, which compares a stock&#8217;s strength on days when prices go up to its strength on days when prices go down. When compared to a stock&#8217;s price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered oversold when the<a href="https://www.benzinga.com/topic/rsi"> RSI is below 30</a>, according to <a href="https://pro.benzinga.com/">Benzinga Pro</a>.
Here's the latest list of major oversold players in this sector, having an RSI near or below 30.
<h3 class="wp-block-heading">Cerence Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CRNC#NASDAQ">CRNC</a>)</h3>
<ul>
<li>On Feb. 18, Evercore ISI Group analyst Chris McNally maintained Cerence with an In-Line rating and raised the price target from $6 to $9. The company's stock fell around 62% over the past month and has a <a href="https://www.benzinga.com/quote/CRNC">52-week low of $2.34</a>.</li>
<li>RSI Value: 29.2</li>
<li>CRNC Price Action: Shares of Cerence fell 10.2% to close at $8.51 on Thursday.</li>
<li>Edge Stock Ratings: 98.23 Momentum score with Value at 27.60.</li>
</ul>
<h3 class="wp-block-heading">TD Synnex Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SNX#NYSE">SNX</a>)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</h3>
<ul>
<li>On March 27, TD SYNNEX reported its first-quarter results. Quarterly revenue of $14.53 billion, up 4.0% year over year, missed the analyst view of $14.79 billion. Patrick Zammit, CEO of TD SYNNEX, said, "The strength of our business model allowed us to grow ahead of the market in Q1. Our end-to-end strategy, global reach and specialist go to market approach continues to empower us to capture a wide range of IT spend." The company's stock fell around 22% over the past month and <a href="https://www.benzinga.com/quote/SNX">has a 52-week low</a> of $98.00.</li>
<li>RSI Value: 14.2</li>
<li>SNX Price Action: Shares of TD Synnex dipped 14.3% to close at $107.54 on Thursday.</li>
<li>Benzinga Pro&#8217;s charting tool helped identify the trend in <a href="https://www.benzinga.com/pro/register?utm_adType=bzprocontent&amp;utm_campaign=14daytrial&amp;utm_ad=0328">SNX stock</a>. </li>
</ul>
<h3 class="wp-block-heading">Marvell Technology Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MRVL#NASDAQ">MRVL</a>)</h3>
<ul>
<li>On March 27, Marvell Technology announced, in collaboration with TeraHop, a global optical solutions provider for AI-driven data centers, the demonstration of end-to-end PCIe Gen 6 over optics at the Optical Networking and Communication Conference and Exposition (OFC) 2025. The demonstration will showcase the extension of PCIe beyond traditional electrical limits to enable low-latency, standards-based AI scale-up infrastructure.. The company's stock fell around 29% over the past month and has a 52-week <a href="https://www.benzinga.com/quote/MRVL">low of $53.19</a>.</li>
<li>RSI Value: 29.4</li>
<li>MRVL Price Action: Shares of Marvell Technology fell 2.9% to close at $64.86 on Thursday.</li>
<li>Benzinga Pro&#8217;s signals feature notified of a potential breakout in <a href="https://www.benzinga.com/pro/register?utm_adType=bzprocontent&amp;utm_campaign=14daytrial&amp;utm_ad=0328">MRVL shares</a>. </li>
</ul>
Read This Next: 
<ul>
<li><a href="https://www.benzinga.com/25/03/44513063/jim-cramer-stryker-is-a-good-company-likes-this-utilities-stock">Jim Cramer: Stryker Is A &#8216;Good&#8217; Company, Says He Likes This Utilities Stock</a></li>
</ul>
Photo: Shutterstock

Top 3 Information Technology Stocks That Could Blast Off This Month

This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Traders often look for circumstances when the market estimation of an option diverges away from its normal worth. Abnormal amounts of trading activity could push option prices to hyperbolic or underperforming levels. 
Here's the list of options activity happening in today's session: 
<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>NVDA</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>03/28/25</td>
<td>$112.00</td>
<td>$39.0K</td>
<td>20.0K</td>
<td>89.6K</td>
</tr>
<tr>
<td>MSTR</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>03/28/25</td>
<td>$325.00</td>
<td>$91.4K</td>
<td>6.6K</td>
<td>9.8K</td>
</tr>
<tr>
<td>AVGO</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>04/04/25</td>
<td>$170.00</td>
<td>$29.2K</td>
<td>3.5K</td>
<td>8.3K</td>
</tr>
<tr>
<td>INTC</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>04/11/25</td>
<td>$23.50</td>
<td>$47.5K</td>
<td>2.3K</td>
<td>3.6K</td>
</tr>
<tr>
<td>SMCI</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>04/17/25</td>
<td>$36.00</td>
<td>$135.0K</td>
<td>3.0K</td>
<td>2.0K</td>
</tr>
<tr>
<td>MRVL</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>06/20/25</td>
<td>$60.00</td>
<td>$31.5K</td>
<td>8.4K</td>
<td>1.6K</td>
</tr>
<tr>
<td>IREN</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>08/15/25</td>
<td>$9.00</td>
<td>$91.6K</td>
<td>1.8K</td>
<td>1.5K</td>
</tr>
<tr>
<td>AAPL</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>05/16/25</td>
<td>$240.00</td>
<td>$113.7K</td>
<td>9.9K</td>
<td>960</td>
</tr>
<tr>
<td>PLTR</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>05/16/25</td>
<td>$90.00</td>
<td>$30.2K</td>
<td>7.4K</td>
<td>662</td>
</tr>
<tr>
<td>TSM</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>04/17/25</td>
<td>$155.00</td>
<td>$26.0K</td>
<td>3.5K</td>
<td>493</td>
</tr>
</tbody>
</table>

<h2>Explanation</h2>
These itemized elaborations have been created using the accompanying table. 
• For NVDA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>), we notice a put option sweep that happens to be bullish, expiring in 1 day(s) on March 28, 2025. This event was a transfer of 273 contract(s) at a $112.00 strike. This particular put needed to be split into 21 different trades to become filled. The total cost received by the writing party (or parties) was $39.0K, with a price of $144.0 per contract. There were 20001 open contracts at this strike prior to today, and today 89614 contract(s) were bought and sold. 
• For MSTR (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSTR#NASDAQ">MSTR</a>), we notice a call option sweep that happens to be bullish, expiring in 1 day(s) on March 28, 2025. This event was a transfer of 200 contract(s) at a $325.00 strike. This particular call needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $91.4K, with a price of $451.0 per contract. There were 6624 open contracts at this strike prior to today, and today 9877 contract(s) were bought and sold. 
• Regarding AVGO (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVGO#NASDAQ">AVGO</a>), we observe a put option sweep with bearish sentiment. It expires in 8 day(s) on April 4, 2025. Parties traded 75 contract(s) at a $170.00 strike. This particular put needed to be split into 5 different trades to become filled. The total cost received by the writing party (or parties) was $29.2K, with a price of $390.0 per contract. There were 3595 open contracts at this strike prior to today, and today 8360 contract(s) were bought and sold. 
• For INTC (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTC#NASDAQ">INTC</a>), we notice a call option sweep that happens to be bullish, expiring in 15 day(s) on April 11, 2025. This event was a transfer of 500 contract(s) at a $23.50 strike. This particular call needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $47.5K, with a price of $95.0 per contract. There were 2317 open contracts at this strike prior to today, and today 3671 contract(s) were bought and sold. 
• Regarding SMCI (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMCI#NASDAQ">SMCI</a>), we observe a call option trade with bearish sentiment. It expires in 21 day(s) on April 17, 2025. Parties traded 500 contract(s) at a $36.00 strike. The total cost received by the writing party (or parties) was $135.0K, with a price of $270.0 per contract. There were 3045 open contracts at this strike prior to today, and today 2034 contract(s) were bought and sold. 
• For MRVL (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MRVL#NASDAQ">MRVL</a>), we notice a put option sweep that happens to be bearish, expiring in 85 day(s) on June 20, 2025. This event was a transfer of 65 contract(s) at a $60.00 strike. This particular put needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $31.5K, with a price of $485.0 per contract. There were 8482 open contracts at this strike prior to today, and today 1626 contract(s) were bought and sold. 
• Regarding IREN (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IREN#NASDAQ">IREN</a>), we observe a call option sweep with bearish sentiment. It expires in 141 day(s) on August 15, 2025. Parties traded 1500 contract(s) at a $9.00 strike. This particular call needed to be split into 14 different trades to become filled. The total cost received by the writing party (or parties) was $91.6K, with a price of $61.0 per contract. There were 1899 open contracts at this strike prior to today, and today 1550 contract(s) were bought and sold. 
• For AAPL (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>), we notice a call option sweep that happens to be bearish, expiring in 50 day(s) on May 16, 2025. This event was a transfer of 391 contract(s) at a $240.00 strike. This particular call needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $113.7K, with a price of $291.0 per contract. There were 9921 open contracts at this strike prior to today, and today 960 contract(s) were bought and sold. 
• For PLTR (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NASDAQ">PLTR</a>), we notice a put option sweep that happens to be bullish, expiring in 50 day(s) on May 16, 2025. This event was a transfer of 33 contract(s) at a $90.00 strike. This particular put needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $30.2K, with a price of $918.0 per contract. There were 7409 open contracts at this strike prior to today, and today 662 contract(s) were bought and sold. 
• For TSM (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TSM#NYSE">TSM</a>), we notice a put option trade that happens to be bullish, expiring in 21 day(s) on April 17, 2025. This event was a transfer of 100 contract(s) at a $155.00 strike. The total cost received by the writing party (or parties) was $26.0K, with a price of $260.0 per contract. There were 3548 open contracts at this strike prior to today, and today 493 contract(s) were bought and sold. 
Options Alert Terminology 
 - Call Contracts: The right to buy shares as indicated in the contract. 
 - Put Contracts: The right to sell shares as indicated in the contract. 
 - Expiration Date: When the contract expires. One must act on the contract by this date if one wants to use it. 
 - Premium/Option Price: The price of the contract. 
For more information, visit our <a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">Guide to Understanding Options Alerts</a> or read <a href="https://www.benzinga.com/markets/options">more news on unusual options activity</a>. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

IREN

MSTR

10 Information Technology Stocks Whale Activity In Today's Session

Marvell Technology, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MRVL#NASDAQ">MRVL</a>) announced on Thursday, in collaboration with TeraHop, a global optical solutions provider for AI-driven data centers, <a href="https://www.benzinga.com/pressreleases/25/03/n44513722/marvell-demonstrates-industrys-first-end-to-end-pcie-gen-6-over-optics-for-accelerated-infrastruct">the demonstration of</a> end-to-end PCIe Gen 6 over optics at the Optical Networking and Communication Conference and Exposition (OFC) 2025. The demonstration will showcase the extension of PCIe beyond traditional electrical limits to enable low-latency, standards-based AI scale-up infrastructure.
As AI workloads drive exponential data growth, PCIe connectivity must evolve to support higher bandwidth and extended reach.
Also Read: <a target="_blank" href="https://www.benzinga.com/tech/25/02/43611591/behind-marvell-techs-multi-fold-growth-rd-acquisitions-and-ai-infrastructure" rel="noreferrer noopener">Behind Marvell Tech&#8217;s Multi-Fold Growth: R&amp;D, Acquisitions And AI Infrastructure</a>
The Marvell&nbsp;Alaska&nbsp;P PCIe Gen 6 retimer and its PCIe Gen 7 SerDes technology enable low-latency, low bit-error-rate transmission over optical fiber, delivering the scalability, power efficiency, and high performance required for next-generation accelerated infrastructure.
Marvell stock plunged over 42% year-to-date as multiple Wall Street analysts <a target="_blank" href="https://www.benzinga.com/quote/MRVL/analyst-ratings" rel="noreferrer noopener">slashed their price targets</a> since January.
In March, Marvell reported <a target="_blank" href="https://www.benzinga.com/news/earnings/25/03/44152781/marvell-technology-stock-drops-after-q4-results-q1-guidance-roughly-in-line-details" rel="noreferrer noopener">fourth-quarter revenue</a> of $1.81 billion, topping the&nbsp;$1.79 billion analyst consensus estimate. It reported adjusted earnings of 60 cents per share, beating the 59 cent consensus estimate.&nbsp;
Marvell expects first-quarter revenue of $1.78 billion-$1.96 billion, versus the $1.87 billion estimate.
Cantor Fitzgerald&nbsp;analyst Quinn Bolton and JPMorgan analyst Harlan Sur highlighted Marvell <a target="_blank" href="https://www.benzinga.com/news/earnings/earnings-beats/25/03/44168159/marvell-technology-quells-fears-of-losing-next-gen-xpu-at-amazon-expects-to-surpass-ai-revenues-in-fy26" rel="noreferrer noopener">bagging the follow-on</a> XPU ASIC with its lead customer, Amazon.Com Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>). The analysts added that the new AI XPU custom chip could be manufactured on&nbsp;Taiwan Semiconductor Manufacturing Co&#8217;s&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TSM#NYSE">TSM</a>) 3nm node.
Price Action: Marvell Technology stock is down 2.11% to $65.35 at the last check on Thursday.
Also Read:
<ul>
<li><a href="https://www.benzinga.com/media/25/03/44513286/softbank-may-want-to-outdo-microsoft-with-40-billion-investment-in-openais-latest-funding-round" target="_blank" rel="noreferrer noopener">SoftBank May Want To Outdo Microsoft With $40 Billion Investment in OpenAI&#8217;s Latest Funding Round</a></li>
</ul>
Photo via Shutterstock

Marvell Launches Next-Gen Connectivity to Meet Rising AI Demands in Data Infrastructure

Whales with a lot of money to spend have taken a noticeably bullish stance on Marvell Tech.
Looking at options history for Marvell Tech (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MRVL#NASDAQ">MRVL</a>) we detected 18 trades.
If we consider the specifics of each trade, it is accurate to state that 55% of the investors opened trades with bullish expectations and 22% with bearish.
From the overall spotted trades, 6 are puts, for a total amount of $2,390,120 and 12, calls, for a total amount of $1,081,975.
<h3>Expected Price Movements</h3>
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $50.0 to $110.0 for Marvell Tech during the past quarter. 
<h3>Analyzing Volume &amp; Open Interest</h3>
Looking at the volume and open interest is a powerful move while trading options. This data can help you track the liquidity and interest for Marvell Tech's options for a given strike price. Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Marvell Tech's whale trades within a strike price range from $50.0 to $110.0 in the last 30 days. 
<h3>Marvell Tech Call and Put Volume: 30-Day Overview</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1742832928_0.png" alt="Options Call Chart" />
<h3>Largest Options Trades Observed:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>MRVL</td>
<td>PUT</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>06/20/25</td>
<td>$7.7</td>
<td>$7.6</td>
<td>$7.65</td>
<td>$72.50</td>
<td>$1.8M</td>
<td>2.9K</td>
<td>2.4K</td>
</tr>
<tr>
<td>MRVL</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>03/28/25</td>
<td>$1.65</td>
<td>$1.63</td>
<td>$1.65</td>
<td>$72.00</td>
<td>$437.0K</td>
<td>604</td>
<td>6.7K</td>
</tr>
<tr>
<td>MRVL</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>05/16/25</td>
<td>$3.05</td>
<td>$3.0</td>
<td>$3.04</td>
<td>$67.50</td>
<td>$304.0K</td>
<td>965</td>
<td>1.0K</td>
</tr>
<tr>
<td>MRVL</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>09/19/25</td>
<td>$5.3</td>
<td>$5.2</td>
<td>$5.3</td>
<td>$90.00</td>
<td>$106.0K</td>
<td>1.1K</td>
<td>204</td>
</tr>
<tr>
<td>MRVL</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>03/28/25</td>
<td>$1.6</td>
<td>$1.59</td>
<td>$1.6</td>
<td>$72.00</td>
<td>$101.9K</td>
<td>604</td>
<td>7.5K</td>
</tr>
</tbody>
</table>

<h3>About Marvell Tech</h3>
Marvell Technology is a fabless chip designer focused on wired networking, where it has the second-highest market share. Marvell serves the data center, carrier, enterprise, automotive, and consumer end markets with processors, optical and copper transceivers, switches, and storage controllers.
After a thorough review of the options trading surrounding Marvell Tech, we move to examine the company in more detail. This includes an assessment of its current market status and performance.
<h3>Where Is Marvell Tech Standing Right Now?</h3>
<ul>
<li>With a volume of 4,478,269, the price of MRVL is up 3.08% at $72.56. </li>
<li>RSI indicators hint that the underlying stock may be approaching oversold.</li>
<li>Next earnings are expected to be released in 66 days.</li>
</ul>
<h3>Expert Opinions on Marvell Tech</h3>
A total of 5 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $118.4.
Turn $1000 into $1270 in just 20 days?
20-year pro options trader reveals his one-line chart technique that shows when to buy and sell. Copy his trades, which have had averaged a 27% profit every 20 days. <a href="https://www.benzinga.com/premium/ideas/options-moneyline-2/?t=Moop1arja3be22op14&amp;adType=benzinga-insights&amp;ad=options-activity&amp;campaign=wallstreetadvantage">Click here for access</a>. 
&#x2A; An analyst from Keybanc has decided to maintain their Overweight rating on Marvell Tech, which currently sits at a price target of $115. 
&#x2A; An analyst from Barclays has decided to maintain their Overweight rating on Marvell Tech, which currently sits at a price target of $130. 
&#x2A; An analyst from Citigroup has decided to maintain their Buy rating on Marvell Tech, which currently sits at a price target of $122. 
&#x2A; An analyst from Loop Capital upgraded its action to Buy with a price target of $110. 
&#x2A; Maintaining their stance, an analyst from Stifel continues to hold a Buy rating for Marvell Tech, targeting a price of $115. 
Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for Marvell Tech with <a href="https://www.benzinga.com/pro/">Benzinga Pro</a> for real-time alerts.

Smart Money Is Betting Big In MRVL Options

Shares of chip stocks are trading higher amid market strength on reports suggesting the US could narrow upcoming tariffs, which are expected to take effect Apr. 2.

Marvell Tech (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MRVL#NASDAQ">MRVL</a>) has outperformed the market over the past 5 years by 8.77% on an annualized basis producing an average annual return of 26.49%. Currently, Marvell Tech has a market capitalization of $62.68 billion. 
Buying $1000 In MRVL: If an investor had bought $1000 of MRVL stock 5 years ago, it would be worth $3,122.30 today based on a price of $72.38 for MRVL at the time of writing.
<h3>Marvell Tech's Performance Over Last 5 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1742826608_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

If You Invested $1000 In This Stock 5 Years Ago, You Would Have This Much Today

Whales with a lot of money to spend have taken a noticeably bearish stance on Marvell Tech.
Looking at options history for Marvell Tech (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MRVL#NASDAQ">MRVL</a>) we detected 50 trades.
If we consider the specifics of each trade, it is accurate to state that 38% of the investors opened trades with bullish expectations and 48% with bearish.
From the overall spotted trades, 18 are puts, for a total amount of $2,356,081 and 32, calls, for a total amount of $1,348,573.
<h3>Predicted Price Range</h3>
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $37.5 to $125.0 for Marvell Tech over the last 3 months. 
<h3>Insights into Volume &amp; Open Interest</h3>
Examining the volume and open interest provides crucial insights into stock research. This information is key in gauging liquidity and interest levels for Marvell Tech's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across Marvell Tech's significant trades, within a strike price range of $37.5 to $125.0, over the past month.
<h3>Marvell Tech 30-Day Option Volume &amp; Interest Snapshot</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1742499091_0.png" alt="Options Call Chart" />
<h3>Biggest Options Spotted:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>MRVL</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>06/20/25</td>
<td>$6.4</td>
<td>$6.3</td>
<td>$6.31</td>
<td>$67.50</td>
<td>$851.8K</td>
<td>1.9K</td>
<td>1.3K</td>
</tr>
<tr>
<td>MRVL</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>10/17/25</td>
<td>$10.15</td>
<td>$10.05</td>
<td>$10.17</td>
<td>$70.00</td>
<td>$508.5K</td>
<td>1.3K</td>
<td>502</td>
</tr>
<tr>
<td>MRVL</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>06/18/26</td>
<td>$14.8</td>
<td>$14.2</td>
<td>$14.2</td>
<td>$70.00</td>
<td>$143.4K</td>
<td>710</td>
<td>182</td>
</tr>
<tr>
<td>MRVL</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>04/17/25</td>
<td>$1.64</td>
<td>$1.59</td>
<td>$1.64</td>
<td>$65.00</td>
<td>$131.2K</td>
<td>15.3K</td>
<td>1.0K</td>
</tr>
<tr>
<td>MRVL</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>06/18/26</td>
<td>$14.25</td>
<td>$13.9</td>
<td>$14.2</td>
<td>$70.00</td>
<td>$107.9K</td>
<td>710</td>
<td>80</td>
</tr>
</tbody>
</table>

<h3>About Marvell Tech</h3>
Marvell Technology is a fabless chip designer focused on wired networking, where it has the second-highest market share. Marvell serves the data center, carrier, enterprise, automotive, and consumer end markets with processors, optical and copper transceivers, switches, and storage controllers.
Following our analysis of the options activities associated with Marvell Tech, we pivot to a closer look at the company's own performance.
<h3>Marvell Tech's Current Market Status</h3>
<ul>
<li>Currently trading with a volume of 6,409,763, the MRVL's price is down by -0.87%, now at $69.2. </li>
<li>RSI readings suggest the stock is currently may be oversold.</li>
<li>Anticipated earnings release is in 70 days.</li>
</ul>
<h3>What The Experts Say On Marvell Tech</h3>
In the last month, 5 experts released ratings on this stock with an average target price of $107.4.
Turn $1000 into $1270 in just 20 days?
20-year pro options trader reveals his one-line chart technique that shows when to buy and sell. Copy his trades, which have had averaged a 27% profit every 20 days. <a href="https://www.benzinga.com/premium/ideas/options-moneyline-2/?t=Moop1arja3be22op14&amp;adType=benzinga-insights&amp;ad=options-activity&amp;campaign=wallstreetadvantage">Click here for access</a>. 
&#x2A; An analyst from Citigroup has decided to maintain their Buy rating on Marvell Tech, which currently sits at a price target of $122. 
&#x2A; Consistent in their evaluation, an analyst from B of A Securities keeps a Buy rating on Marvell Tech with a target price of $120. 
&#x2A; An analyst from Loop Capital upgraded its action to Buy with a price target of $110. 
&#x2A; Consistent in their evaluation, an analyst from Piper Sandler keeps a Overweight rating on Marvell Tech with a target price of $95. 
&#x2A; Consistent in their evaluation, an analyst from Morgan Stanley keeps a Equal-Weight rating on Marvell Tech with a target price of $90. 
Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for Marvell Tech with <a href="https://www.benzinga.com/pro/">Benzinga Pro</a> for real-time alerts.

This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Traders will search for circumstances when the market estimation of an option diverges heavily from its normal worth. High amounts of trading activity could push option prices to exaggerated or underestimated levels. 
Here's the list of options activity happening in today's session: 
<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>AMD</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>03/21/25</td>
<td>$108.00</td>
<td>$32.4K</td>
<td>7.1K</td>
<td>31.0K</td>
</tr>
<tr>
<td>INTC</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>03/21/25</td>
<td>$24.00</td>
<td>$48.0K</td>
<td>18.4K</td>
<td>10.0K</td>
</tr>
<tr>
<td>PLTR</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>03/28/25</td>
<td>$80.00</td>
<td>$72.1K</td>
<td>6.7K</td>
<td>9.2K</td>
</tr>
<tr>
<td>SOUN</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>10/17/25</td>
<td>$8.00</td>
<td>$109.5K</td>
<td>132</td>
<td>2.5K</td>
</tr>
<tr>
<td>CRWD</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>04/11/25</td>
<td>$355.00</td>
<td>$115.7K</td>
<td>43</td>
<td>1.6K</td>
</tr>
<tr>
<td>MRVL</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>06/20/25</td>
<td>$67.50</td>
<td>$851.8K</td>
<td>1.9K</td>
<td>1.3K</td>
</tr>
<tr>
<td>MSFT</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>03/28/25</td>
<td>$380.00</td>
<td>$59.8K</td>
<td>4.7K</td>
<td>1.2K</td>
</tr>
<tr>
<td>TSM</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>04/17/25</td>
<td>$165.00</td>
<td>$28.7K</td>
<td>9.4K</td>
<td>935</td>
</tr>
<tr>
<td>MU</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>03/28/25</td>
<td>$115.00</td>
<td>$33.2K</td>
<td>1.4K</td>
<td>884</td>
</tr>
<tr>
<td>MSTR</td>
<td>CALL</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>03/28/25</td>
<td>$290.00</td>
<td>$399.0K</td>
<td>627</td>
<td>788</td>
</tr>
</tbody>
</table>

<h2>Explanation</h2>
These bullet-by-bullet explanations have been constructed using the accompanying table. 
• For AMD (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMD#NASDAQ">AMD</a>), we notice a call option trade that happens to be bearish, expiring in 1 day(s) on March 21, 2025. This event was a transfer of 600 contract(s) at a $108.00 strike. The total cost received by the writing party (or parties) was $32.4K, with a price of $54.0 per contract. There were 7124 open contracts at this strike prior to today, and today 31089 contract(s) were bought and sold. 
• For INTC (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTC#NASDAQ">INTC</a>), we notice a call option trade that happens to be neutral, expiring in 1 day(s) on March 21, 2025. This event was a transfer of 1500 contract(s) at a $24.00 strike. The total cost received by the writing party (or parties) was $48.0K, with a price of $32.0 per contract. There were 18476 open contracts at this strike prior to today, and today 10086 contract(s) were bought and sold. 
• Regarding PLTR (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NASDAQ">PLTR</a>), we observe a put option sweep with bullish sentiment. It expires in 8 day(s) on March 28, 2025. Parties traded 555 contract(s) at a $80.00 strike. This particular put needed to be split into 20 different trades to become filled. The total cost received by the writing party (or parties) was $72.1K, with a price of $129.0 per contract. There were 6774 open contracts at this strike prior to today, and today 9229 contract(s) were bought and sold. 
• Regarding SOUN (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SOUN#NASDAQ">SOUN</a>), we observe a call option sweep with bearish sentiment. It expires in 211 day(s) on October 17, 2025. Parties traded 300 contract(s) at a $8.00 strike. This particular call needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was $109.5K, with a price of $365.0 per contract. There were 132 open contracts at this strike prior to today, and today 2510 contract(s) were bought and sold. 
• Regarding CRWD (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CRWD#NASDAQ">CRWD</a>), we observe a call option trade with bullish sentiment. It expires in 22 day(s) on April 11, 2025. Parties traded 50 contract(s) at a $355.00 strike. The total cost received by the writing party (or parties) was $115.7K, with a price of $2315.0 per contract. There were 43 open contracts at this strike prior to today, and today 1602 contract(s) were bought and sold. 
• Regarding MRVL (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MRVL#NASDAQ">MRVL</a>), we observe a put option trade with bullish sentiment. It expires in 92 day(s) on June 20, 2025. Parties traded 1350 contract(s) at a $67.50 strike. The total cost received by the writing party (or parties) was $851.8K, with a price of $631.0 per contract. There were 1954 open contracts at this strike prior to today, and today 1392 contract(s) were bought and sold. 
• Regarding MSFT (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>), we observe a put option sweep with bullish sentiment. It expires in 8 day(s) on March 28, 2025. Parties traded 192 contract(s) at a $380.00 strike. This particular put needed to be split into 11 different trades to become filled. The total cost received by the writing party (or parties) was $59.8K, with a price of $312.0 per contract. There were 4712 open contracts at this strike prior to today, and today 1239 contract(s) were bought and sold. 
• Regarding TSM (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TSM#NYSE">TSM</a>), we observe a put option sweep with bullish sentiment. It expires in 28 day(s) on April 17, 2025. Parties traded 82 contract(s) at a $165.00 strike. This particular put needed to be split into 6 different trades to become filled. The total cost received by the writing party (or parties) was $28.7K, with a price of $350.0 per contract. There were 9432 open contracts at this strike prior to today, and today 935 contract(s) were bought and sold. 
• Regarding MU (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MU#NASDAQ">MU</a>), we observe a call option sweep with bearish sentiment. It expires in 8 day(s) on March 28, 2025. Parties traded 200 contract(s) at a $115.00 strike. This particular call needed to be split into 6 different trades to become filled. The total cost received by the writing party (or parties) was $33.2K, with a price of $167.0 per contract. There were 1437 open contracts at this strike prior to today, and today 884 contract(s) were bought and sold. 
• Regarding MSTR (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSTR#NASDAQ">MSTR</a>), we observe a call option sweep with neutral sentiment. It expires in 8 day(s) on March 28, 2025. Parties traded 200 contract(s) at a $290.00 strike. This particular call needed to be split into 14 different trades to become filled. The total cost received by the writing party (or parties) was $399.0K, with a price of $1995.0 per contract. There were 627 open contracts at this strike prior to today, and today 788 contract(s) were bought and sold. 
Options Alert Terminology 
 - Call Contracts: The right to buy shares as indicated in the contract. 
 - Put Contracts: The right to sell shares as indicated in the contract. 
 - Expiration Date: When the contract expires. One must act on the contract by this date if one wants to use it. 
 - Premium/Option Price: The price of the contract. 
For more information, visit our <a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">Guide to Understanding Options Alerts</a> or read <a href="https://www.benzinga.com/markets/options">more news on unusual options activity</a>. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

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10 Information Technology Stocks With Whale Alerts In Today's Session

The future of telecommunications is now and investors are paying attention. With NVIDIA&#8217;s recent foray into AI-native 6G networks, the world is changing fast and there are huge opportunities for <a href="https://www.benzinga.com/etfs">telecom, AI, and semiconductor ETFs</a>.
Defiance ETFs CEO Sylvia Jablonski thinks this revolution is only just starting. &#8220;Telecom companies that want to stay competitive will need to invest in AI-powered networks, partner with AI tech leaders and upgrade to cutting-edge semiconductor technology. That's exactly why we built the Defiance Connective Technologies ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SIXG#NASDAQ">SIXG</a>) to capture this AI-driven telecom revolution,&#8221; she told Benzinga.
Nvidia Corp.&#8217;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) new <a href="https://nvidianews.nvidia.com/news/nvidia-and-telecom-industry-leaders-to-develop-ai-native-wireless-networks-for-6g">deals </a>with T-Mobile Us Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TMUS#NASDAQ">TMUS</a>), MITRE, Cisco Systems Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CSCO#NASDAQ">CSCO</a>), ODC, and Booz Allen Hamilton Holding Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BAH#NYSE">BAH</a>) that were announced in the GTC 2025 are a significant step forward in AI-powered telecommunications. Nvidia is taking the lead in the deployment of AI in wireless network hardware, software and infrastructure, paving the way for new-gen connectivity.
For investors, this transition offers attractive opportunities. The need for AI-driven networking chips, cloud computing infrastructure, telecom software and cybersecurity is likely going to boom. Broadcom Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVGO#NASDAQ">AVGO</a>), Marvell Technology Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MRVL#NASDAQ">MRVL</a>), Qualcomm Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QCOM#NASDAQ">QCOM</a>), Amazon.com Inc.&#8217;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>) AWS, Alphabet Inc.&#8217;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>)(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) Google Cloud, Oracle Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ORCL#NASDAQ">ORCL</a>), Cisco Systems, Ericsson and Nokia Oyj (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NOK#NYSE">NOK</a>) are likely to gain. Naturally, ETFs holding stocks of these companies are seeing an upside potential, too.
Also Read: <a href="https://www.benzinga.com/25/03/44418376/is-nvidia-sitting-on-the-ai-goldmine-no-one-sees-yet">Is Nvidia Sitting On The AI Goldmine No One Sees Yet?</a>
<h1 class="wp-block-heading">ETFs That Stand To Gain</h1>
Jablonski points out that ETFs such as Defiance Connective Technologies provide exposure to these leaders, enabling investors to be part of the revolution in telecom networks.
Outside of that ETF, a number of other ETFs stand to gain from Nvidia&#8217;s and the telecom sector&#8217;s AI-led transformation:
• Global X Artificial Intelligence &amp; Technology ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AIQ#NASDAQ">AIQ</a>) targets AI-led innovation across sectors, such as cloud computing and telecommunications. 
• VanEck Semiconductor ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMH#NASDAQ">SMH</a>) contains top semiconductor players such as Nvidia, Broadcom and Qualcomm that form the backbone of AI-driven networking. 
• iShares U.S. Telecommunications ETF (BATS:<a class="ticker" href="https://www.benzinga.com/stock/IYZ#BATS">IYZ</a>) offers exposure to large telecom companies such as Verizon Communications Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VZ#NYSE">VZ</a>) and T-Mobile. 
• ARK Autonomous Technology &amp; Robotics ETF (BATS:<a class="ticker" href="https://www.benzinga.com/stock/ARKQ#BATS">ARKQ</a>) contains firms utilizing AI-based connectivity for automation and future mobility. 
• First Trust Nasdaq Cybersecurity ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CIBR#NASDAQ">CIBR</a>) also covers cybersecurity companies such as Palo Alto Networks Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PANW#NASDAQ">PANW</a>) and CrowdStrike Holdings Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CRWD#NASDAQ">CRWD</a>), which will be instrumental in protecting <a href="https://www.crowdstrike.com/platform/">AI-native</a> 6G <a href="https://www.paloaltonetworks.com/blog/2024/11/a-security-first-approach-to-6g/#:~:text=Next%20Steps,development%20and%20deployment%20of%206G.">networks</a>.
The actual impact of AI-enabled 6G is much greater than the telecommunications sector. From health and finance to manufacturing and self-driving cars, AI-enhanced networks will bring efficiency, security and performance to many different industries. 
Jablonski noted, &#8220;AI-integrated telecom networks will boost productivity and connectivity across several industries: healthcare – enabling remote surgeries, real-time diagnostics and telemedicine; finance, strengthening cybersecurity for transactions and real-time market analysis; manufacturing, enhancing automation and predictive maintenance and autonomous vehicles, powering AI-native Vehicle-to-Everything (V2X) communication.&#8221;
The financial benefit won&#8217;t directly touch consumers&#8217; wallets. &#8220;In the short term, telecom companies will likely use AI-driven efficiency to increase their profits as they recover infrastructure investment costs. Over time, as AI optimizes network operations, consumers could see more competitive pricing and improved services — similar to how cloud services have evolved.&#8221; 
In the long run, with AI optimizing network operations, customers may experience more competitive rates and better services.
But, AI-driven networks may create a divide between telecom and tech giants. &#8220;Companies like AWS, Google Cloud and Microsoft Azure are expanding into telecom with AI-driven cloud services. Traditional telecom providers that fail to adapt may struggle to compete with these tech-driven companies,&#8221; she noted.
Nvidia&#8217;s AI-native 6G project is a game-changer and the investment environment is changing rapidly. With partnerships that range from telecom behemoths to cloud and cybersecurity companies, the argument for ETFs such as Defiance Connective Technologies ETF and Defiance Quantum ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QTUM#NASDAQ">QTUM</a>) has never been more compelling. As AI-powered networks redefine connectivity, investors can seize the opportunity to ride the future of telecommunications technology.
Read Next: • <a href="https://www.benzinga.com/25/03/44406384/alphabets-mega-cybersecurity-bet-3-etfs-poised-for-a-jackpot">Alphabet Bets Big On Cybersecurity: 3 ETFs Poised For A Jackpot</a>
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Sector ETFs

Specialty ETFs

Exclusives

ETFs

ARKQ

CIBR

CSCO

iShares Dow Jones US Telecommunications Sector Index Fund

ORCL

PANW

QTUM

SIXG

TMUS

EXCLUSIVE: Why Defiance ETF CEO Sees Big Gains Ahead During Nvidia's 6G Revolution

Deep-pocketed investors have adopted a bullish approach towards Marvell Tech (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MRVL#NASDAQ">MRVL</a>), and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in MRVL usually suggests something big is about to happen.
We gleaned this information from our observations today when Benzinga's options scanner highlighted 9 extraordinary options activities for Marvell Tech. This level of activity is out of the ordinary.
The general mood among these heavyweight investors is divided, with 66% leaning bullish and 33% bearish. Among these notable options, 2 are puts, totaling $85,980, and 7 are calls, amounting to $356,252.
<h3>Predicted Price Range</h3>
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $50.0 to $90.0 for Marvell Tech over the last 3 months. 
<h3>Analyzing Volume &amp; Open Interest</h3>
In today's trading context, the average open interest for options of Marvell Tech stands at 1664.88, with a total volume reaching 733.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in Marvell Tech, situated within the strike price corridor from $50.0 to $90.0, throughout the last 30 days.
<h3>Marvell Tech Option Volume And Open Interest Over Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1742220143_0.png" alt="Options Call Chart" />
<h3>Significant Options Trades Detected:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th align="right">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>MRVL</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>04/17/25</td>
<td>$8.1</td>
<td>$7.75</td>
<td>$7.75</td>
<td>$65.00</td>
<td>$77.5K</td>
<td>480</td>
<td align="right">106</td>
</tr>
<tr>
<td>MRVL</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>09/19/25</td>
<td>$24.5</td>
<td>$24.1</td>
<td>$24.1</td>
<td>$50.00</td>
<td>$72.3K</td>
<td>94</td>
<td align="right">0</td>
</tr>
<tr>
<td>MRVL</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>03/28/25</td>
<td>$3.2</td>
<td>$3.05</td>
<td>$3.2</td>
<td>$70.00</td>
<td>$67.2K</td>
<td>4.3K</td>
<td align="right">324</td>
</tr>
<tr>
<td>MRVL</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>03/21/25</td>
<td>$10.2</td>
<td>$10.1</td>
<td>$10.1</td>
<td>$80.00</td>
<td>$60.6K</td>
<td>6.0K</td>
<td align="right">81</td>
</tr>
<tr>
<td>MRVL</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>08/15/25</td>
<td>$16.4</td>
<td>$16.15</td>
<td>$16.44</td>
<td>$60.00</td>
<td>$41.0K</td>
<td>22</td>
<td align="right">25</td>
</tr>
</tbody>
</table>

<h3>About Marvell Tech</h3>
Marvell Technology is a fabless chip designer focused on wired networking, where it has the second-highest market share. Marvell serves the data center, carrier, enterprise, automotive, and consumer end markets with processors, optical and copper transceivers, switches, and storage controllers.
In light of the recent options history for Marvell Tech, it's now appropriate to focus on the company itself. We aim to explore its current performance.
<h3>Present Market Standing of Marvell Tech</h3>
<ul>
<li>With a trading volume of 1,202,840, the price of MRVL is up by 2.0%, reaching $70.11.</li>
<li>Current RSI values indicate that the stock is may be oversold.</li>
<li>Next earnings report is scheduled for 73 days from now.</li>
</ul>
<h3>What The Experts Say On Marvell Tech</h3>
5 market experts have recently issued ratings for this stock, with a consensus target price of $111.0.
Unusual Options Activity Detected: Smart Money on the Move
Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22bz20&amp;adType=benzinga-insights&amp;ad=options-activity&amp;campaign=wallstreetadvantage">Click here for access</a>. 
&#x2A; Consistent in their evaluation, an analyst from B of A Securities keeps a Buy rating on Marvell Tech with a target price of $120. 
&#x2A; Maintaining their stance, an analyst from Keybanc continues to hold a Overweight rating for Marvell Tech, targeting a price of $115. 
&#x2A; Consistent in their evaluation, an analyst from Stifel keeps a Buy rating on Marvell Tech with a target price of $115. 
&#x2A; An analyst from Piper Sandler has decided to maintain their Overweight rating on Marvell Tech, which currently sits at a price target of $95. 
&#x2A; An analyst from Loop Capital upgraded its action to Buy with a price target of $110. 
Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest Marvell Tech options trades with real-time alerts from <a href="https://www.benzinga.com/pro/">Benzinga Pro</a>.

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GraniteShares 2x Long MARA Daily ETF (MRAL) and GraniteShares 2x Long MRVL Daily ETF (MVLL) Launch Today

Dividends

Marvell Technology, Inc. Declares Quarterly Dividend Payment

Marvell Demonstrates Industry's First End-to-end PCIe Gen 6 Over Optics for Accelerated Infrastructure at OFC 2025

Marvell to Demonstrate Industry's First 400G/lane PAM4 Electrical-to-Optical Link Technology at OFC 2025

Marvell Demonstrates Silicon Photonics Light Engine for Low-power, Rack-scale Interconnect in AI Networks

Marvell Advances Interconnect Portfolio for Scale-up and Scale-out Fabrics at OFC 2025

Global Markets and US Dollar Experience Significant Declines Amid New Tariff Concerns

Marvell Extends Connectivity Leadership with AEC Ecosystem Demonstrations at OFC 2025

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Unusual Options Activity for

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BENZINGA NEL MONDO

Date	Put/Call	Strike Price	Exp Date	DTE	Trade Vol	Day Vol	Vol / OI	OI	Trade Type	Sentiment
10:02 AMFeb 20, 2025	PUT	$92.50	Jan 16, 2026	285	0	950	0	1106	TRADE	BULLISH
11:25 AMFeb 18, 2025	PUT	$120.00	Jun 20, 2025	75	1450	1450	211	687	TRADE	NEUTRAL
11:24 AMFeb 14, 2025	PUT	$100.00	Jun 20, 2025	75	533	500	37	1460	TRADE	BEARISH
09:41 AMFeb 14, 2025	PUT	$75.00	Mar 28, 2025	-9	8000	8000	160000	5	TRADE	BULLISH