Spotlight on Marathon Digital Holdings: Analyzing the Surge in Options Activity
Portfolio Pulse from Benzinga Insights
Deep-pocketed investors have shown significant interest in Marathon Digital Holdings (NASDAQ:MARA) through options trading, with a majority leaning bullish. The stock is currently trading at $19.59, down by 5.18%. Analysts have mixed ratings, with price targets ranging from $14 to $27.
June 21, 2024 | 3:31 pm
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Marathon Digital Holdings has seen a significant increase in options activity, with 57% of investors leaning bullish. The stock is currently down 5.18% at $19.59. Analysts have mixed ratings, with price targets ranging from $14 to $27.
The surge in options activity, particularly with a bullish tilt, suggests positive sentiment among investors. Despite the current price drop, the mixed analyst ratings and high volume of options trading indicate potential upward movement in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100