Options trading in Marvell Technology Inc. reached 605,010 contracts on Friday at 3:20 p.m. New York time, according to exchange data compiled by Bloomberg. Of that total, call options accounted for 376,173 contracts while put options totaled 228,837 contracts.
A single diagonal put spread was a dominant feature of the session: 37,500 contracts tied to a combination of June 12 $165 puts and June 18 $192.50 puts. Within that package, the June 12 $165 puts represented 30,000 contracts and showed open interest of 899 contracts. The June 18 $192.50 puts comprised 7,500 contracts and carried open interest of 7,983 contracts.
Call-side activity also concentrated at a handful of strikes and expirations. The June 5 $300 call recorded 18,115 contracts traded, with open interest listed at 4,671 contracts. The June 5 $310 call saw 14,746 contracts change hands against open interest of 3,916 contracts. Elsewhere on the call side, the August 21 $260 call accounted for 12,402 contracts with open interest of 268 contracts, and the June 5 $320 call registered 9,559 contracts with open interest of 12,276 contracts.
These figures reflect the raw trading volumes and corresponding open interest levels reported at the 3:20 p.m. snapshot. The data details both the scale of executed contracts and the standing positions at those strikes and expirations as provided by the exchange compilation.
The trading session was characterized by concentrated positioning in both puts and calls across nearby and later-dated expirations, as indicated by the large diagonally structured put package and heavy call flows at multiple June strikes and an August strike.
Data source - Exchange data compiled by Bloomberg as of the time stated.