I hate earnings season. Sure, there are many debit-side options traders that claim to love it and there’s a reason for that — basically, it comes down to the heightened implied volatility (IV). But as Marvell Technology (MRVL) recently demonstrated, this sharp movement is a double-edged sword. You just don’t know what may actually transpire, which is why MRVL stock has given up significant value.
At the same time, the red ink presents a contrarian opportunity for bold, data-driven traders. If you’re the risk-tolerant type, MRVL stock may have just provided another chance to scalp some quick profits.