Marathon Digital Holdings Unusual Options Activity
Portfolio Pulse from Benzinga Insights
Marathon Digital Holdings (NASDAQ:MARA) has seen unusual options activity with a bearish stance from large investors. Out of 33 trades, 54% were bearish and 39% bullish. The trades include 4 puts worth $174,428 and 29 calls worth $2,064,678. The price window eyed by big players ranges from $5.0 to $50.0. The stock is currently down 2.84% at $16.76 with a neutral RSI. An analyst from B. Riley Securities maintains a Neutral rating with a $20 target price.
August 07, 2024 | 5:02 pm
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Marathon Digital Holdings has experienced unusual options activity with a predominantly bearish stance from large investors. The stock is currently down 2.84% at $16.76. An analyst from B. Riley Securities maintains a Neutral rating with a $20 target price.
The majority of the options trades are bearish, indicating a negative sentiment among large investors. The stock is also currently down, which aligns with the bearish options activity. The analyst's Neutral rating with a $20 target price suggests limited upside potential in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100