Smart Money Is Betting Big In MARA Options
Portfolio Pulse from Benzinga Insights
Deep-pocketed investors are showing a bearish sentiment towards Marathon Digital Holdings (NASDAQ:MARA) through significant options activity. Benzinga's options scanner highlighted 11 extraordinary options activities, with 63% being bearish. The stock is currently trading at $17.1, down by 1.67%, with an average target price of $20.0 from analysts.
August 09, 2024 | 5:16 pm
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Deep-pocketed investors are showing a bearish sentiment towards Marathon Digital Holdings (NASDAQ:MARA) through significant options activity. The stock is currently trading at $17.1, down by 1.67%, with an average target price of $20.0 from analysts.
The significant bearish options activity suggests that large investors expect the stock to decline. The stock is already down by 1.67%, and the average target price from analysts is $20.0, indicating limited upside potential.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100