MARA Marathon Digital Holdings Options Ahead of Earnings

٢٥ فبراير ٢٠٢٤

If you haven`t bought the dip on MARA:

Then analyzing the options chain and the chart patterns of MARA Marathon Digital Holdings prior to the earnings report this week,
I would consider purchasing the 26usd strike price Puts with
an expiration date of 2024-6-21,
for a premium of approximately $7.75.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.

As you can see in the chart, I'm bearish short-term but bullish by the end of the year.

١٢ مارس ٢٠٢٤

أغلقت الصفقة: تم الوصول للهدف

MARA traded at $20.60 after earnings, and the Puts went up from $7.75 (when I wrote this article) to $9.50 at the close yesterday, for about 25% gain!