Monday, August 13, 2012

Earnings Play: MRVL

Marvell Technology reports second quarter results after the market close on Thursday August 16.  In anticipation of what some smart money (and my independent research) is anticipating to be a good news quarter, I purchased the September   $13 call options for $0.38/contract.

Target is $1.00/contract either in the run-up to earnings or in post-earnings action.

This material is provided for informational purposes only, as of the date hereof and is subject to change without notice.  This material may not be suitable for all investors and is not intended to be an offer, a solicitation of any offer to buy or sell any securities.  Following me in trades will lose you money.

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