/The%20sign%20for%20Marvell%20Technology%20out%20front%20of%20a%20corporate%20office%20by%20Valeriya%20Zankovych%20via%20Shutterstock.jpg)
Today, unusual volume in out-of-the-money (OTM) Marvell Technology, Inc. (MRVL) put options is focusing attention on MRVL stock. Based on its recent acquisition and strong free cash flow, MRVL stock may be 38% undervalued at over $116 per share.
Marvell Technology, a system-on-a-chip designer, announced a bolt-on acquisition yesterday to enhance its AI-related product offerings.