Marvell Technology Inc (NASDAQ:MRVL) stock is up 8.4% at $55.27 at last check, following news that the company will sell its automotive ethernet business to Infineon Technologies for $2.5 billion in an all-cash traction.

Shares are today pacing for their biggest single-day percentage gain since December, but still carry a hefty 50.7% year-to-date deficit. The equity is bouncing off yesterday's 52-week low of $47.09 as it continues to contend with long-term overhead pressure from the 20-day moving average.

Over at the International Securities Exchange (ISE), Cboe Options Exchange (CBOE), and NASDAQ OMX PHLX (PHLX), the stock's 10-day put/call volume ratio stands in the 92nd percentile of annual readings. This means options traders have been much more bearish than usual.

Drilling down to today's options activity, 25,000 puts have already crossed the tape, which is 5 times the volume typically seen at this point. The most popular contract is the weekly 5/2 55-strike put, but new positions are currently being opened at the September 45 put.

Stocks are staging a powerful comeback Tuesday, with both the Dow Jones Industrial Average (DJI) and S&P 500 Index (SPX) on track to snap their three-day losing streaks as optimism builds around potential tariff negotiations. The Nasdaq Composite (IXIC) is sharply higher as well, after President Trump touted productive talks with South Korea and signaled China’s eagerness to strike a deal.

Meanwhile, Treasury Secretary Scott Bessent said that roughly 70 countries have approached the U.S. to negotiate duties. In response, the CBOE Volatility Index (VIX) has cooled off dramatically, slipping back below 40 earlier after yesterday topping 60.

Continue reading for more on today's market, including: 

• Breaking down Broadcom's buyback plan.
• Marvell Technology stock soars on massive sale.
• Plus, LEVI's post-earnings options activity; CVS on the rise; and RKT brushed off bull note.

Levi Strauss & Co (NYSE:LEVI) stock is attracting unusually high options volume following its latest earnings report. The apparel retailer posted earnings of 38 cents per share -- a 46% increase from the same period last year -- on revenue of $1.53 billion. So far today, 5,728 calls and 7,435 puts have exchanged hands, amounting to 15 times the average intraday volume. The April 13 put seeing the most action by far. LEVI is looking to rebound after yesterday slipping to its lowest level since October 2023. Last seen 0.5% higher at $13.57, the stock remains 24.2% lower year-to-date.

CVS Health Corp (NYSE:CVS) stock is one of the SPX’s top performers today, last seen up 8.2% to trade  at $70.34. The security is riding sector-wide momentum after The Wall Street Journal reported the Trump administration has plans to hike reimbursement rates for Medicare-focused insurers next year by 5.06% -- more than double the 2.23% hike proposed in January. So far this year, CVS has added 53.9%.

Rocket Companies Inc (NYSE:RKT) stock is one of the worst performers on the SPX today, down 6.5% to trade at $13.71. The pullback comes despite a Barclays upgrade to "equal weight" from "underweight," as well as a price target hike to $14 from $10. These losses follow last week’s 18.2% gain, and RKT remains up 29.4% in 2025.

Bank stock Charles Schwab Corporation (NYSE:SCHW) was last seen up 5.7% to trade at $74, after an upgrade from Morgan Stanley to "overweight" from "equal weight." The firm called it a defensive play amid recession fears, but also threw in a price-target cut to $76 from $91, while no fewer than three other analysts slashed their price objectives as well. 

This bull note comes less than a week after Citigroup upgraded SCHW to "buy," citing growth potential as the firm "shifts to offense." Of the 23 analysts in coverage, 18 carry a "buy" or better rating, while the 12-month consensus price target of $86.89 is a 17% premium to current levels. 

Like most market components, SCHW is fresh off a sharp pullback, yesterday hitting its lowest level since October. Today's pop has the equity reclaiming support at the $72 level, as well as the 320-day moving average. Plus, the shares have swung back to the positive side of their year-to-date breakeven.

When weighing in on Charles Schwab stock, options look like a decent way to go. The stock's Schaeffer's Volatility Scorecard (SVS) of 87 out of 100 means it's outperformed options traders' volatility expectations over the past year. 

While stocks are off their 52-week lows today, the weight of additional tariffs on China -- and harsher retaliatory countermeasures -- has volatility at a fever pitch. Earlier today, the Cboe Volatility Index (VIX) toppled 60 on an intraday level and is heading for its highest close since April 2020. 

Whether you're a passive or active trader, its important to remember when stock prices and stock futures fall rapidly in a single session, exchanges implement halts in trading to allow a moment for cooler heads to prevail and avoid market crashes we’ve seen in the past on Wall Street.

Stocks are quite volatile today as investors contend with the latest tariff updates and speculate over a bottom to the recent selloff. Within this context, shares of Interactive Brokers Group Inc (NASDAQ:IBKR) are down 2.8% at $141.95, and trading at their lowest level since October. For those looking for buy the dip, IBKR has bullish potential. 

The stock is contending with long-term support at its 320-day moving average today, which also happens to be a historically bullish trendline. Per Schaeffer's Senior Quantitative Analyst Rocky White, the security is within 0.75 of the trendline's 20-day average true range (ATR) for the first time in at least eight of the last 10 trading days, after spending at least 75% of the last six months above it. 

Within these parameters, three other signals occurred in the past three years. IBKR was higher one month later after each one of these events, averaging a healthy 10.4% gain. 

The equity is also holding on to a 27.8% year-over-year gain, and has outperformed options traders' volatility expectations over the past year. This is per its Schaeffer's Volatility Scorecard (SVS) of 88 out of 100. 

The chip sector melted down on Friday in response to President Donald Trump's tariffs, with new threats of an additional 50% levy on China if Beijing doesn’t drop retaliatory duties. Today though, Nvidia Corp (NASDAQ:NVDA) stock was last seen up 3.8% to trade at $97.88, as traders rush to buy the dip after a third-straight weekly loss. The shares dropped more than 15% over the past two sessions and earlier slipped to their lowest level since May, culminating in a 26.6% year-to-date deficit.

Nvidia was the most popular stock with options traders in the past 10 days, per Schaeffer's Senior Quantitative Analyst Rocky White's list of stocks that attracted the highest options volume within that period. NVDA saw more than 26 million calls and 17 million puts traded, easily outpacing Big Tech peers Tesla (TSLA) and Apple (AAPL). The weekly 3/28 110-strike put was the most active contract in the last two weeks, followed by the weekly 4/4 105-strike call. 

Now looks like an great time to weigh in with options, with one specific strategy in mind. The equity's Schaeffer's Volatility Scorecard (SVS) sits at a 24 out of 100, making it a prime premium-selling candidate.

U.S.-listed shares of Chinese companies are tumbling as investor anxiety over the new tariffs mounts -- especially after President Donald Trump threatened additional levies if Beijing doesn't roll back its retaliatory duties.

Major names like Alibaba Group Holding - ADR (NYSE:BABA), JD.com (NASDAQ:JD), and PDD Holdings - ADR (NASDAQ:PDD) are all trading sharply lower this afternoon, as fears grow over how escalating trade tensions could disrupt cross-border business and weaken consumer demand.

Alibaba Group stock was last seen down 11.2% to trade at $103.45 after its third consecutive weekly loss. The stock has shed 25.9% over the past month and is on pace for its 11th loss in the last 13 sessions. BABA is now trading below its 126-day moving average for the first time since late January and is testing a key psychological support level at $100.

JD.com stock is down 8.6% to $33.61 this afternoon. The stock has lost 31.7% over the past six months and is now off 7.1% in 2025. JD is trading beneath its 160-day moving average for the first time since late September and is threatening to close below $34 -- a level not breached since mid-January.

PDD stock was last seen 6.8% lower to trade at $97.17. The equity is headed for its eighth loss in the past 10 sessions and has dropped below the $100 mark for the first time since early February. While shares remain flat on a year-to-date basis, they’ve fallen 16.5% over the last 12 months and are now trading below all major short- and long-term moving averages, signaling broad technical weakness.