Premarket Calls and Puts, October 6, 2026

Provisional plan on last night’s closing chains. The 10:00 AM run confirms on live quotes.

Today’s Catalysts

• No company-specific news catalyst this morning. Candidates come from a momentum breakout screen.
• Backdrop: Nasdaq closed at a record Monday, up 1.05%. Nvidia set an all-time high. Today brings ADP, manufacturing data, and Fed Chair Warsh at the ECB forum.

Call Candidates

Trend passes on all three. No contract clears every gate. Closest first.

• GTLB (GitLab), $51.50. Above a rising 50 day SMA of $43.86. RSI 65.7. 52 week high $55.55 (Sep 2).
  • Nov 20 $50 call, mark $4.70 ($470 per contract), delta 0.61, IV 52.9%, OI 1,864, volume 1,113, spread 4.3%, theta 0.9% per day.
  • Breakeven $54.70, 6.2% above spot. Misses the 3% breakeven line. Bid size 5, misses the 20 minimum.
• MRVL (Marvell), $271.25. Above a rising 50 day SMA of $228.27. RSI 64.2. 52 week high $329.88 (Jun 18).
  • Nov 20 $270 call, mark $24.45 ($2,445 per contract), delta 0.56, IV 61.1%, OI 2,504, volume 608, spread 1.6%, theta 1.1% per day.
  • Breakeven $294.45, 8.6% above spot. Misses the 3% breakeven line. IV above 55%. Ask size 1, misses the 20 minimum.
• DELL (Dell), $552.29 close, near $559 live. Above a rising 50 day SMA of $491.25. RSI 55.5. 52 week high $595.51 (Sep 18).
  • Nov 20 $550 call, mark $46.18 ($4,618 per contract), spread 5.1%, IV 56.7%. Breakeven $596.18, above the 52 week high. Fails.

Put Candidates

• None. The screen was long only and no broken-trend names were pulled.

Rejected, and why

• PANW: 52 week high of $409.50 printed Oct 2, inside 3 sessions.
• DELL Nov 20 $560 call: breakeven $601.75 above the 52 week high. Spread 6.0%.
• GTLB Nov 20 $52.50 call: spread 5.9%, breakeven $55.90 above the $55.55 high.
• GTLB Nov 20 $55 call: spread 12%, breakeven $57.45.
• MRVL Nov 20 $280 call: breakeven $300.15, 10.7% above spot. Ask size 2.

No contract clears every gate today. GTLB’s $50 call is the cleanest on liquidity and spread. The 10:00 AM run re-grades these on live quotes. The GTLB call thesis breaks below its 50 day near $43.86. The MRVL thesis breaks below $228.27.