Unpacking the Latest Options Trading Trends in Marriott International

Deep-pocketed investors have adopted a bearish approach towards Marriott International MAR, and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in MAR usually suggests something big is about to happen.

We gleaned this information from our observations today when Benzinga's options scanner highlighted 10 extraordinary options activities for Marriott International. This level of activity is out of the ordinary.

The general mood among these heavyweight investors is divided, with 20% leaning bullish and 50% bearish. Among these notable options, 6 are puts, totaling $199,160, and 4 are calls, amounting to $282,572.

Expected Price Movements

Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $245.0 to $260.0 for Marriott International over the recent three months.

Insights into Volume & Open Interest

Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.

This data can help you track the liquidity and interest for Marriott International's options for a given strike price.

Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Marriott International's whale activity within a strike price range from $245.0 to $260.0 in the last 30 days.

Marriott International Option Volume And Open Interest Over Last 30 Days

Biggest Options Spotted:

About Marriott International

Marriott operates 1.7 million rooms across roughly 30 brands. At the end of 2024, luxury represented roughly 10% of total rooms, premium was 43%, select service was 45%, midscale was 1%, and other was 1%. Marriott, Courtyard, and Sheraton are the largest brands, while Autograph, Tribute, Moxy, Aloft, and Element are newer lifestyle brands. Managed and franchised represented 98% of total rooms as of Dec. 31, 2024. North America makes up 62% of total rooms. Managed, franchise, and incentive fees represent the vast majority of revenue and profitability for the company.

Following our analysis of the options activities associated with Marriott International, we pivot to a closer look at the company's own performance.

Current Position of Marriott International

• Trading volume stands at 802,460, with MAR's price up by 1.04%, positioned at $249.04.
• RSI indicators show the stock to be may be approaching oversold.
• Earnings announcement expected in 35 days.

What The Experts Say On Marriott International

A total of 2 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $299.0.

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20-year pro options trader reveals his one-line chart technique that shows when to buy and sell. Copy his trades, which have had averaged a 27% profit every 20 days. Click here for access. * An analyst from Truist Securities has decided to maintain their Hold rating on Marriott International, which currently sits at a price target of $300. * Consistent in their evaluation, an analyst from Morgan Stanley keeps a Overweight rating on Marriott International with a target price of $298.

Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest Marriott International options trades with real-time alerts from Benzinga Pro.