MARA Holdings Unusual Options Activity

Investors with a lot of money to spend have taken a bullish stance on MARA Holdings MARA.

And retail traders should know.

We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga.

Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with MARA, it often means somebody knows something is about to happen.

So how do we know what these investors just did?

Today, Benzinga's options scanner spotted 13 uncommon options trades for MARA Holdings.

This isn't normal.

The overall sentiment of these big-money traders is split between 69% bullish and 23%, bearish.

Out of all of the special options we uncovered, 5 are puts, for a total amount of $328,693, and 8 are calls, for a total amount of $1,396,565.

What's The Price Target?

Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $5.0 to $27.0 for MARA Holdings during the past quarter.

Analyzing Volume & Open Interest

Looking at the volume and open interest is a powerful move while trading options. This data can help you track the liquidity and interest for MARA Holdings'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 MARA Holdings's whale trades within a strike price range from $5.0 to $27.0 in the last 30 days.

MARA Holdings 30-Day Option Volume & Interest Snapshot

Significant Options Trades Detected:

About MARA Holdings

MARA Holdings Inc leverages digital asset compute to support the energy transformation. It secures the blockchain ledger and supports the energy transformation by converting clean, stranded, or underutilized energy into economic value. The company also offers technology solutions to optimize data center operations, including next-generation liquid immersion cooling and firmware for bitcoin miners. It is focused on computing for, acquiring, and holding digital assets as a long-term investment.

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

MARA Holdings's Current Market Status

• Trading volume stands at 10,994,155, with MARA's price down by -0.63%, positioned at $14.16.
• RSI indicators show the stock to be may be approaching overbought.
• Earnings announcement expected in 43 days.

Professional Analyst Ratings for MARA Holdings

Over the past month, 5 industry analysts have shared their insights on this stock, proposing an average target price of $21.8.

Unusual Options Activity Detected: Smart Money on the Move

Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. Click here for access. * An analyst from Barclays persists with their Equal-Weight rating on MARA Holdings, maintaining a target price of $14. * In a cautious move, an analyst from HC Wainwright & Co. downgraded its rating to Buy, setting a price target of $28. * Maintaining their stance, an analyst from JP Morgan continues to hold a Neutral rating for MARA Holdings, targeting a price of $18. * An analyst from Piper Sandler persists with their Overweight rating on MARA Holdings, maintaining a target price of $30. * An analyst from Rosenblatt has revised its rating downward to Buy, adjusting the price target to $19.

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 MARA Holdings with Benzinga Pro for real-time alerts.