Financial giants have made a conspicuous bullish move on Marathon Digital Holdings. Our analysis of options history for Marathon Digital Holdings MARA revealed 19 unusual trades.
Delving into the details, we found 57% of traders were bullish, while 42% showed bearish tendencies. Out of all the trades we spotted, 6 were puts, with a value of $233,914, and 13 were calls, valued at $823,875.
Projected Price Targets
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $10.0 to $45.0 for Marathon Digital Holdings during the past quarter.
Insights into Volume & Open Interest
Assessing the volume and open interest is a strategic step in options trading. These metrics shed light on the liquidity and investor interest in Marathon Digital Holdings's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to Marathon Digital Holdings's substantial trades, within a strike price spectrum from $10.0 to $45.0 over the preceding 30 days.
Marathon Digital Holdings Option Volume And Open Interest Over Last 30 Days
Noteworthy Options Activity:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|
| MARA | CALL | SWEEP | BULLISH | 06/21/24 | $24.00 | $210.6K | 1.7K | 391 |
| MARA | CALL | SWEEP | BULLISH | 04/19/24 | $20.00 | $128.0K | 7.3K | 395 |
| MARA | CALL | TRADE | BEARISH | 01/17/25 | $25.00 | $99.7K | 6.7K | 107 |
| MARA | CALL | SWEEP | BEARISH | 03/28/24 | $24.00 | $60.3K | 418 | 177 |
| MARA | PUT | TRADE | BULLISH | 09/20/24 | $36.00 | $60.3K | 0 | 34 |
About Marathon Digital Holdings
Marathon Digital Holdings Inc focuses on mining digital assets. It owns crypto-currency mining machines and a data center to mine digital assets. The Company currently operates in the Digital Currency Blockchain segment. The Company's Crypto-currency Machines are located in the United States.
Following our analysis of the options activities associated with Marathon Digital Holdings, we pivot to a closer look at the company's own performance.
Where Is Marathon Digital Holdings Standing Right Now?
- Trading volume stands at 25,781,201, with MARA's price down by -6.57%, positioned at $22.9.
- RSI indicators show the stock to be may be approaching overbought.
- Earnings announcement expected in 7 days.
Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for Marathon Digital Holdings with Benzinga Pro for real-time alerts.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Date of Trade | ticker | Put/Call | Strike Price | DTE | Sentiment |
|---|
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
