Market Whales and Their Recent Bets on MARA Options

Whales with a lot of money to spend have taken a noticeably bullish stance on Marathon Digital Holdings.

Looking at options history for Marathon Digital Holdings MARA we detected 12 trades.

If we consider the specifics of each trade, it is accurate to state that 75% of the investors opened trades with bullish expectations and 25% with bearish.

From the overall spotted trades, 3 are puts, for a total amount of $123,189 and 9, calls, for a total amount of $605,550.

Latest Startup Investment Opportunities:

Projected Price Targets

Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $20.0 to $35.0 for Marathon Digital Holdings over the recent three months.

Insights into Volume & Open Interest

In terms of liquidity and interest, the mean open interest for Marathon Digital Holdings options trades today is 5790.1 with a total volume of 13,855.00.

In the following chart, we are able to follow the development of volume and open interest of call and put options for Marathon Digital Holdings's big money trades within a strike price range of $20.0 to $35.0 over the last 30 days.

Marathon Digital Holdings Option Volume And Open Interest Over Last 30 Days

Significant Options Trades Detected:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Strike Price Total Trade Price Open Interest Volume
MARA CALL TRADE BULLISH 02/02/24 $24.50 $187.0K 616 474
MARA CALL SWEEP BEARISH 02/16/24 $31.00 $165.0K 505 2.5K
MARA PUT SWEEP BULLISH 06/21/24 $20.00 $45.0K 3.0K 109
MARA CALL SWEEP BULLISH 01/26/24 $30.00 $44.1K 3.4K 1.3K
MARA CALL SWEEP BULLISH 01/26/24 $30.00 $42.0K 3.4K 1.1K

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.

In light of the recent options history for Marathon Digital Holdings, it's now appropriate to focus on the company itself. We aim to explore its current performance.

Marathon Digital Holdings's Current Market Status

  • With a trading volume of 27,970,513, the price of MARA is down by -1.92%, reaching $25.48.
  • Current RSI values indicate that the stock is may be overbought.
  • Next earnings report is scheduled for 65 days from now.

What Analysts Are Saying About Marathon Digital Holdings

Over the past month, 1 industry analysts have shared their insights on this stock, proposing an average target price of $24.0.

  • An analyst from HC Wainwright & Co. has decided to maintain their Buy rating on Marathon Digital Holdings, which currently sits at a price target of $24.

Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.

If you want to stay updated on the latest options trades for Marathon Digital Holdings, Benzinga Pro gives you real-time options trades alerts.

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MARAMARA Holdings Inc
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