Unpacking the Latest Options Trading Trends in Marathon Digital Holdings
Portfolio Pulse from Benzinga Insights
Deep-pocketed investors have shown a bullish sentiment towards Marathon Digital Holdings (NASDAQ:MARA), with a notable increase in options trading activity. Benzinga's options scanner revealed 12 extraordinary activities, with a majority leaning bullish. The focus is on a price band between $10.0 and $30.0. The company, specializing in mining digital assets, has seen its stock price decrease by -4.17%, currently at $17.23. Analysts from JP Morgan and HC Wainwright & Co. have provided mixed ratings, with price targets of $16 and $35, respectively.

April 10, 2024 | 2:31 pm
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Marathon Digital Holdings has seen increased options trading activity, with a bullish sentiment from investors. The stock price is currently at $17.23, with analysts giving mixed ratings and price targets of $16 and $35.
The increased options trading activity and bullish sentiment from investors suggest a positive outlook for MARA in the short term. However, the mixed analyst ratings and the current dip in stock price introduce some uncertainty, which is why the confidence score isn't at its maximum.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100