This Is What Whales Are Betting On Marathon Digital Holdings
Portfolio Pulse from Benzinga Insights
Wealthy investors have taken a predominantly bearish stance on Marathon Digital Holdings (NASDAQ:MARA), as evidenced by 30 uncommon options trades tracked by Benzinga. The sentiment is split with 56% bearish and 40% bullish. The price target for MARA ranges from $5.0 to $50.0, with significant open interest and volume in options trading. The current stock price is $19.39, down 0.66%.
June 03, 2024 | 7:45 pm
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Wealthy investors have taken a predominantly bearish stance on Marathon Digital Holdings (NASDAQ:MARA), with 56% of recent options trades being bearish. The stock is currently priced at $19.39, down 0.66%.
The significant volume of bearish options trades suggests that investors expect the stock price to decline in the short term. The current price drop of 0.66% aligns with this sentiment.
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