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A multi-million dollar order hit this chip name (stock inside)

A nice swing trade opportunity in MRVL.
 
   
     
I wanted to share this with you immediately…

It’s one of the largest orders I saw that hit the scanner last week.

And it just so happens to be on a stock I like: MRVL
 
 
Even though this order hit Last Wednesday, I like it for three reasons.

#1. The stock is only trading for $65 bucks and the institution bought the 70 strike calls.

To me, this means the buyers expect the stock to rally at least $5 in the next 30 days.

That could have a pretty big impact on the option pricing.

#2. The size of the order is overweight for a stock like MRVL.

$2 million+ is a lot of money for an options bet.

#3. It’s a chip stock and as of lately they’ve been moving quite aggressively.

Now, obviously you can do what you want with that information…

I cannot promise returns or against losses, so if you decide to trade it, be smart.

That said, I have a bunch more orders like the one above that I'm sharing right now.

If you’d like to see them, just click this link here.
'Til the next trade,
 
 
Lance Ippolito
 
   
 
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