Has my stock been accused of fraud?Join over 160k users who know.

Ticker Price Change($) Change(%) Shares Volume Prev Close Open Gain($) Gain(%)
Ticker Status Jurisdiction Filing Date CP Start CP End CP Loss Deadline
Ticker Case Name Status CP Start CP End Deadline Settlement Amt
Ticker Name Date Analyst Firm Up/Down Target ($) Rating Change Rating Current


Marathon Digital Holdings Options Trading: A Deep Dive into Market Sentiment

Author: Benzinga Insights | February 21, 2024 01:31pm

Financial giants have made a conspicuous bullish move on Marathon Digital Holdings. Our analysis of options history for Marathon Digital Holdings (NASDAQ: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

Options Call Chart

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.

Posted In: MARA



CORE Finalist