Marriott Intl Unusual Options Activity
Portfolio Pulse from Benzinga Insights
Marriott Intl (NASDAQ:MAR) has seen unusual options activity, with a majority of investors taking a bearish stance. Of the 15 strange trades detected, 73% were bearish and 26% bullish. The total amount for puts was $519,908 and for calls, $280,743. Whales have been targeting a price range from $155.0 to $220.0 for Marriott Intl over the last 3 months. The current price of MAR is $202.09, down -0.12%. Analysts from BMO Capital, Barclays, Bernstein, and Wells Fargo have maintained their ratings on Marriott, with price targets ranging from $189 to $222.
August 18, 2023 | 8:45 pm
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Marriott Intl has seen unusual options activity, with a majority of investors taking a bearish stance. The current price of MAR is $202.09, down -0.12%. Analysts have maintained their ratings on Marriott, with price targets ranging from $189 to $222.
The unusual options activity, with a majority of investors taking a bearish stance, indicates a potential downward pressure on the stock price. The current price of MAR is $202.09, which is within the targeted price range by whales. However, the bearish sentiment could lead to a decrease in the stock price. The maintained ratings by analysts, with price targets ranging from $189 to $222, also suggest a potential fluctuation in the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100