- Entry
- $229.18
- Now
- $286.08 +24.8%
- Target
- —
- Score
- —
MRVL was hanging around $245–247 when I pulled the trigger. Sold the $230 put for around $5.65, so I pocketed roughly $565 upfront. If MRVL behaves itself after earnings, awesome I keep the $565 and move on 😂 If earnings decides to send MRVL to the basement and I get assigned, I'm effectively getting 100 shares around $224.35. I'm totally fine with that because I'm bullish on MRVL long term anyway. Barchart was showing about an 8.2% expected move, with …
— ORIGINAL POST ·
Sold the MRVL $230 put into earning
· r/options
· Aug 27, 2026