Ultime notizie per MARA Holdings (NASDAQ:MARA) Azioni

MARA Holdings

Marathon Digital Holdings

MARA Holdings Inc leverages digital asset compute to support the energy transformation. It secures the blockchain ledger and supports the energy transformation by converting clean, stranded, or underutilized energy into economic value.

MARA Holdings Inc

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MARATHON PETROLEUM ORD

Marani Brands Inc

MARATHON BANCORP INC by Marathon Bancorp Inc.

Marathon Bancorp Inc

Marathon Gold Corp

MARATHON GROUP CORP by Marathon Group Corp.

Marathon Group Corp

Marathon Oil Corp

Marathon Petroleum Corporation Common Stock

Marathon Petroleum Corp

Maravai LifeSciences Holdings, Inc. - Class A common stock

Maravai LifeSciences Holdings Inc

MARA Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MARA#NASDAQ">MARA</a>) underwent analysis by 4 analysts in the last quarter, revealing a spectrum of viewpoints from bullish to bearish.
The following table provides a quick overview of their recent ratings, highlighting the changing sentiments over the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
Analysts have recently evaluated MARA Holdings and provided 12-month price targets. The average target is $20.5, accompanied by a high estimate of $27.00 and a low estimate of $12.00. No alteration is observed as the current average remains at the previous average price target. 
<img src="https://www.benzinga.com/files/images/story/2024/1728576037_0.png" alt="price target chart" />
<h2>Understanding Analyst Ratings: A Comprehensive Breakdown</h2>
An in-depth analysis of recent analyst actions unveils how financial experts perceive MARA Holdings. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Brett Knoblauch</td>
<td>Cantor Fitzgerald</td>
<td>Announces</td>
<td>Overweight</td>
<td>$21.00</td>
<td>-</td>
</tr>
<tr>
<td>Kevin Dede</td>
<td>HC Wainwright &amp; Co.</td>
<td>Maintains</td>
<td>Buy</td>
<td>$27.00</td>
<td>$27.00</td>
</tr>
<tr>
<td>Paul Golding</td>
<td>Macquarie</td>
<td>Announces</td>
<td>Outperform</td>
<td>$22.00</td>
<td>-</td>
</tr>
<tr>
<td>Reginald Smith</td>
<td>JP Morgan</td>
<td>Lowers</td>
<td>Underweight</td>
<td>$12.00</td>
<td>$14.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to MARA Holdings. This information offers a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Unveiling insights, analysts deliver qualitative insights into stock performance, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of MARA Holdings compared to the broader market.</li>
<li>Price Targets: Analysts set price targets as an estimate of a stock's future value. Comparing the current and prior price targets provides insight into how analysts' expectations have changed over time. This information can be valuable for investors seeking to understand consensus views on the stock's potential future performance.</li>
</ul>
Considering these analyst evaluations in conjunction with other financial indicators can offer a comprehensive understanding of MARA Holdings's market position. Stay informed and make well-informed decisions with our Ratings Table.
<a href="https://www.benzinga.com/quote/MARA/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on MARA Holdings analyst ratings.</a>
<h2>Unveiling the Story Behind MARA Holdings</h2>
MARA Holdings Inc leverages digital asset compute to support the energy transformation. It secures the blockchain ledger and supports the energy transformation by converting clean, stranded, or underutilized energy into economic value.
<h3>Breaking Down MARA Holdings's Financial Performance</h3>
Market Capitalization: Indicating a reduced size compared to industry averages, the company's market capitalization poses unique challenges.
Revenue Growth: MARA Holdings's remarkable performance in 3 months is evident. As of 30 June, 2024, the company achieved an impressive revenue growth rate of 77.52%. This signifies a substantial increase in the company's top-line earnings. As compared to competitors, the company surpassed expectations with a growth rate higher than the average among peers in the Information Technology sector.
Net Margin: The company's net margin is below industry benchmarks, signaling potential difficulties in achieving strong profitability. With a net margin of -137.56%, the company may need to address challenges in effective cost control.
Return on Equity (ROE): MARA Holdings's ROE is below industry standards, pointing towards difficulties in efficiently utilizing equity capital. With an ROE of -7.8%, the company may encounter challenges in delivering satisfactory returns for shareholders.
Return on Assets (ROA): The company's ROA is below industry benchmarks, signaling potential difficulties in efficiently utilizing assets. With an ROA of -6.57%, the company may need to address challenges in generating satisfactory returns from its assets.
Debt Management: With a below-average debt-to-equity ratio of 0.13, MARA Holdings adopts a prudent financial strategy, indicating a balanced approach to debt management.
<h2>What Are Analyst Ratings?</h2>
Ratings come from analysts, or specialists within banking and financial systems that report for specific stocks or defined sectors (typically once per quarter for each stock). Analysts usually derive their information from company conference calls and meetings, financial statements, and conversations with important insiders to reach their decisions.
In addition to their assessments, some analysts extend their insights by offering predictions for key metrics such as earnings, revenue, and growth estimates. This supplementary information provides further guidance for traders. It is crucial to recognize that, despite their specialization, analysts are human and can only provide forecasts based on their beliefs.
Which Stocks Are Analysts Recommending Now?
Benzinga Edge gives you instant access to all major analyst upgrades, downgrades, and price targets. Sort by accuracy, upside potential, and more. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=be8be9arja3be22bz21&amp;utm_source=benzinga-insights">Click here to stay ahead of the market</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Analyst Ratings

MARA

Analyst Scoreboard: 4 Ratings For MARA Holdings

Deep-pocketed investors have adopted a bullish approach towards MARA Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MARA#NASDAQ">MARA</a>), and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in MARA usually suggests something big is about to happen.
We gleaned this information from our observations today when Benzinga's options scanner highlighted 9 extraordinary options activities for MARA Holdings. This level of activity is out of the ordinary.
The general mood among these heavyweight investors is divided, with 55% leaning bullish and 33% bearish. Among these notable options, 3 are puts, totaling $141,440, and 6 are calls, amounting to $331,115.
<h3>Expected Price Movements</h3>
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $5.0 to $21.0 for MARA Holdings over the recent three months. 
<h3>Insights into Volume &amp; Open Interest</h3>
Assessing the volume and open interest is a strategic step in options trading. These metrics shed light on the liquidity and investor interest in MARA Holdings's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to MARA Holdings's substantial trades, within a strike price spectrum from $5.0 to $21.0 over the preceding 30 days.
<h3>MARA Holdings 30-Day Option Volume &amp; Interest Snapshot</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1728572456_0.png" alt="Options Call Chart" />
<h3>Biggest Options Spotted:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th style="text-align: right;">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>MARA</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>12/20/24</td>
<td>$11.25</td>
<td>$10.15</td>
<td>$10.35</td>
<td>$5.00</td>
<td>$164.5K</td>
<td>209</td>
<td style="text-align: right;">159</td>
</tr>
<tr>
<td>MARA</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/15/27</td>
<td>$6.65</td>
<td>$6.45</td>
<td>$6.52</td>
<td>$15.00</td>
<td>$52.1K</td>
<td>128</td>
<td style="text-align: right;">81</td>
</tr>
<tr>
<td>MARA</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>10/18/24</td>
<td>$4.75</td>
<td>$4.7</td>
<td>$4.7</td>
<td>$20.00</td>
<td>$47.5K</td>
<td>3.1K</td>
<td style="text-align: right;">204</td>
</tr>
<tr>
<td>MARA</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$2.83</td>
<td>$2.74</td>
<td>$2.82</td>
<td>$16.00</td>
<td>$42.3K</td>
<td>3.9K</td>
<td style="text-align: right;">219</td>
</tr>
<tr>
<td>MARA</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>12/20/24</td>
<td>$2.32</td>
<td>$2.3</td>
<td>$2.32</td>
<td>$15.00</td>
<td>$41.7K</td>
<td>4.4K</td>
<td style="text-align: right;">193</td>
</tr>
</tbody>
</table>

<h3>About MARA Holdings</h3>
MARA Holdings Inc leverages digital asset compute to support the energy transformation. It secures the blockchain ledger and supports the energy transformation by converting clean, stranded, or underutilized energy into economic value.
After a thorough review of the options trading surrounding MARA Holdings, we move to examine the company in more detail. This includes an assessment of its current market status and performance.
<h3>Present Market Standing of MARA Holdings</h3>
<ul>
<li>Currently trading with a volume of 6,592,649, the MARA's price is down by -0.91%, now at $15.3. </li>
<li>RSI readings suggest the stock is currently is currently neutral between overbought and oversold.</li>
<li>Anticipated earnings release is in 27 days.</li>
</ul>
<h3>Professional Analyst Ratings for MARA Holdings</h3>
In the last month, 3 experts released ratings on this stock with an average target price of $23.333333333333332.
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&#x2A; Reflecting concerns, an analyst from Macquarie lowers its rating to Outperform with a new price target of $22. 
&#x2A; An analyst from HC Wainwright &amp; Co. has revised its rating downward to Buy, adjusting the price target to $27. 
&#x2A; Reflecting concerns, an analyst from Cantor Fitzgerald lowers its rating to Overweight with a new price target of $21.
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Options

Markets

MARA Holdings Options Trading: A Deep Dive into Market Sentiment

Cantor Fitzgerald analyst Brett Knoblauch initiates coverage on MARA Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MARA#NASDAQ">MARA</a>) with a Overweight rating and announces Price Target of $21.

News

Price Target

Initiation

Cantor Fitzgerald Initiates Coverage On MARA Holdings with Overweight Rating, Announces Price Target of $21

HC Wainwright &amp; Co. analyst Kevin Dede reiterates MARA Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MARA#NASDAQ">MARA</a>) with a Buy and maintains $27 price target.

Reiteration

HC Wainwright & Co. Reiterates Buy on MARA Holdings, Maintains $27 Price Target

Looking into the current session, MARA Holdings Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MARA#NASDAQ">MARA</a>) shares are trading at $15.61, after a 1.39% decrease. Over the past month, the stock decreased by 1.14%, but over the past year, it actually increased by 100.64%. With questionable short-term performance like this, and great long-term performance, long-term shareholders might want to start looking into the company's price-to-earnings ratio. 

<img src="https://www.benzinga.com/files/images/story/2024/1728497724_0.png" alt="Past Year Chart" />

<h3>MARA Holdings P/E Compared to Competitors</h3>
The P/E ratio measures the current share price to the company's EPS. It is used by long-term investors to analyze the company's current performance against it's past earnings, historical data and aggregate market data for the industry or the indices, such as S&amp;P 500. A higher P/E indicates that investors expect the company to perform better in the future, and the stock is probably overvalued, but not necessarily. It also could indicate that investors are willing to pay a higher share price currently, because they expect the company to perform better in the upcoming quarters. This leads investors to also remain optimistic about rising dividends in the future. 
MARA Holdings has a lower P/E than the aggregate P/E of 111.86 of the Software industry. Ideally, one might believe that the stock might perform worse than its peers, but it's also probable that the stock is undervalued. 

<img src="https://www.benzinga.com/files/images/story/2024/1728497724_1.png" alt="Guage" />

In conclusion, the price-to-earnings ratio is a useful metric for analyzing a company's market performance, but it has its limitations. While a lower P/E can indicate that a company is undervalued, it can also suggest that shareholders do not expect future growth. Additionally, the P/E ratio should not be used in isolation, as other factors such as industry trends and business cycles can also impact a company's stock price. Therefore, investors should use the P/E ratio in conjunction with other financial metrics and qualitative analysis to make informed investment decisions.

Intraday Update

P/E Ratio Insights for MARA Holdings

This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Traders often look for circumstances when the market estimation of an option diverges away from its normal worth. Abnormal amounts of trading activity could push option prices to hyperbolic or underperforming levels. 
Below are some instances of options activity happening in the Information Technology sector: 
<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>NVDA</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>10/11/24</td>
<td>$133.00</td>
<td>$26.8K</td>
<td>23.2K</td>
<td>120.5K</td>
</tr>
<tr>
<td>MSFT</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>10/11/24</td>
<td>$420.00</td>
<td>$25.2K</td>
<td>6.5K</td>
<td>11.1K</td>
</tr>
<tr>
<td>AVGO</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>10/11/24</td>
<td>$182.50</td>
<td>$117.6K</td>
<td>4.0K</td>
<td>7.5K</td>
</tr>
<tr>
<td>AMD</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>10/18/24</td>
<td>$170.00</td>
<td>$28.5K</td>
<td>14.5K</td>
<td>7.1K</td>
</tr>
<tr>
<td>MSTR</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>10/11/24</td>
<td>$190.00</td>
<td>$62.6K</td>
<td>3.3K</td>
<td>6.7K</td>
</tr>
<tr>
<td>AAPL</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>12/20/24</td>
<td>$225.00</td>
<td>$97.8K</td>
<td>17.4K</td>
<td>4.4K</td>
</tr>
<tr>
<td>WULF</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>11/15/24</td>
<td>$5.00</td>
<td>$104.8K</td>
<td>11.0K</td>
<td>3.5K</td>
</tr>
<tr>
<td>APLD</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>10/11/24</td>
<td>$8.50</td>
<td>$25.0K</td>
<td>6.1K</td>
<td>2.9K</td>
</tr>
<tr>
<td>TWLO</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>11/01/24</td>
<td>$63.00</td>
<td>$39.2K</td>
<td>40</td>
<td>2.5K</td>
</tr>
<tr>
<td>MARA</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$20.00</td>
<td>$128.5K</td>
<td>27.7K</td>
<td>1.0K</td>
</tr>
</tbody>
</table>

<h2>Explanation</h2>
These bullet-by-bullet explanations have been constructed using the accompanying table. 
• Regarding NVDA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>), we observe a call option trade with bullish sentiment. It expires in 2 day(s) on October 11, 2024. Parties traded 200 contract(s) at a $133.00 strike. The total cost received by the writing party (or parties) was $26.8K, with a price of $134.0 per contract. There were 23206 open contracts at this strike prior to today, and today 120537 contract(s) were bought and sold. 
• Regarding MSFT (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>), we observe a call option trade with bearish sentiment. It expires in 2 day(s) on October 11, 2024. Parties traded 100 contract(s) at a $420.00 strike. The total cost received by the writing party (or parties) was $25.2K, with a price of $252.0 per contract. There were 6574 open contracts at this strike prior to today, and today 11144 contract(s) were bought and sold. 
• Regarding AVGO (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVGO#NASDAQ">AVGO</a>), we observe a call option sweep with bearish sentiment. It expires in 2 day(s) on October 11, 2024. Parties traded 293 contract(s) at a $182.50 strike. This particular call needed to be split into 22 different trades to become filled. The total cost received by the writing party (or parties) was $117.6K, with a price of $400.0 per contract. There were 4051 open contracts at this strike prior to today, and today 7539 contract(s) were bought and sold. 
• For AMD (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMD#NASDAQ">AMD</a>), we notice a call option trade that happens to be bearish, expiring in 9 day(s) on October 18, 2024. This event was a transfer of 50 contract(s) at a $170.00 strike. The total cost received by the writing party (or parties) was $28.5K, with a price of $570.0 per contract. There were 14540 open contracts at this strike prior to today, and today 7166 contract(s) were bought and sold. 
• For MSTR (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSTR#NASDAQ">MSTR</a>), we notice a call option trade that happens to be bullish, expiring in 2 day(s) on October 11, 2024. This event was a transfer of 83 contract(s) at a $190.00 strike. The total cost received by the writing party (or parties) was $62.6K, with a price of $755.0 per contract. There were 3319 open contracts at this strike prior to today, and today 6781 contract(s) were bought and sold. 
• For AAPL (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>), we notice a call option trade that happens to be bearish, expiring in 72 day(s) on December 20, 2024. This event was a transfer of 75 contract(s) at a $225.00 strike. The total cost received by the writing party (or parties) was $97.8K, with a price of $1305.0 per contract. There were 17475 open contracts at this strike prior to today, and today 4459 contract(s) were bought and sold. 
• Regarding WULF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WULF#NASDAQ">WULF</a>), we observe a call option sweep with bearish sentiment. It expires in 37 day(s) on November 15, 2024. Parties traded 3495 contract(s) at a $5.00 strike. This particular call needed to be split into 23 different trades to become filled. The total cost received by the writing party (or parties) was $104.8K, with a price of $30.0 per contract. There were 11042 open contracts at this strike prior to today, and today 3586 contract(s) were bought and sold. 
• For APLD (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/APLD#NASDAQ">APLD</a>), we notice a call option sweep that happens to be bearish, expiring in 2 day(s) on October 11, 2024. This event was a transfer of 625 contract(s) at a $8.50 strike. This particular call needed to be split into 28 different trades to become filled. The total cost received by the writing party (or parties) was $25.0K, with a price of $40.0 per contract. There were 6172 open contracts at this strike prior to today, and today 2998 contract(s) were bought and sold. 
• Regarding TWLO (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TWLO#NYSE">TWLO</a>), we observe a put option sweep with bullish sentiment. It expires in 23 day(s) on November 1, 2024. Parties traded 714 contract(s) at a $63.00 strike. This particular put needed to be split into 18 different trades to become filled. The total cost received by the writing party (or parties) was $39.2K, with a price of $55.0 per contract. There were 40 open contracts at this strike prior to today, and today 2540 contract(s) were bought and sold. 
• Regarding MARA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MARA#NASDAQ">MARA</a>), we observe a call option sweep with bearish sentiment. It expires in 100 day(s) on January 17, 2025. Parties traded 684 contract(s) at a $20.00 strike. This particular call needed to be split into 43 different trades to become filled. The total cost received by the writing party (or parties) was $128.5K, with a price of $187.0 per contract. There were 27744 open contracts at this strike prior to today, and today 1017 contract(s) were bought and sold. 
Options Alert Terminology 
 - Call Contracts: The right to buy shares as indicated in the contract. 
 - Put Contracts: The right to sell shares as indicated in the contract. 
 - Expiration Date: When the contract expires. One must act on the contract by this date if one wants to use it. 
 - Premium/Option Price: The price of the contract. 
For more information, visit our <a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">Guide to Understanding Options Alerts</a> or read <a href="https://www.benzinga.com/markets/options">more about unusual options activity</a>. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

AAPL

APLD

AVGO

MSFT

MSTR

NVDA

TWLO

WULF

10 Information Technology Stocks With Whale Alerts In Today's Session

MARA Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MARA#NASDAQ">MARA</a>) has outperformed the market over the past 5 years by 43.08% on an annualized basis producing an average annual return of 57.18%. Currently, MARA Holdings has a market capitalization of $4.66 billion. 
Buying $1000 In MARA: If an investor had bought $1000 of MARA stock 5 years ago, it would be worth $9,537.23 today based on a price of $15.84 for MARA at the time of writing.
<h3>MARA Holdings's Performance Over Last 5 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1728415810_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Trading Ideas

Here's How Much You Would Have Made Owning MARA Holdings Stock In The Last 5 Years

This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Traders often look for circumstances when the market estimation of an option diverges away from its normal worth. Abnormal amounts of trading activity could push option prices to hyperbolic or underperforming levels. 
Here's the list of options activity happening in today's session: 
<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>NVDA</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>10/11/24</td>
<td>$130.00</td>
<td>$124.5K</td>
<td>80.3K</td>
<td>232.4K</td>
</tr>
<tr>
<td>AMD</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>10/11/24</td>
<td>$175.00</td>
<td>$30.1K</td>
<td>12.0K</td>
<td>44.0K</td>
</tr>
<tr>
<td>AAPL</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>10/11/24</td>
<td>$225.00</td>
<td>$38.3K</td>
<td>16.8K</td>
<td>20.1K</td>
</tr>
<tr>
<td>DQ</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$30.00</td>
<td>$26.4K</td>
<td>600</td>
<td>5.1K</td>
</tr>
<tr>
<td>SMCI</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>10/25/24</td>
<td>$50.00</td>
<td>$29.9K</td>
<td>2.5K</td>
<td>2.9K</td>
</tr>
<tr>
<td>TSM</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>10/18/24</td>
<td>$190.00</td>
<td>$48.0K</td>
<td>7.3K</td>
<td>2.6K</td>
</tr>
<tr>
<td>MSTR</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>01/17/25</td>
<td>$200.00</td>
<td>$26.9K</td>
<td>13.7K</td>
<td>1.7K</td>
</tr>
<tr>
<td>WULF</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>10/18/24</td>
<td>$5.00</td>
<td>$105.1K</td>
<td>4.7K</td>
<td>1.2K</td>
</tr>
<tr>
<td>MARA</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$30.00</td>
<td>$29.8K</td>
<td>37.9K</td>
<td>994</td>
</tr>
<tr>
<td>INTC</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>03/21/25</td>
<td>$25.00</td>
<td>$44.0K</td>
<td>19.2K</td>
<td>305</td>
</tr>
</tbody>
</table>

<h2>Explanation</h2>
These bullet-by-bullet explanations have been constructed using the accompanying table. 
• Regarding NVDA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>), we observe a call option trade with bullish sentiment. It expires in 4 day(s) on October 11, 2024. Parties traded 500 contract(s) at a $130.00 strike. The total cost received by the writing party (or parties) was $124.5K, with a price of $249.0 per contract. There were 80376 open contracts at this strike prior to today, and today 232469 contract(s) were bought and sold. 
• Regarding AMD (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMD#NASDAQ">AMD</a>), we observe a call option sweep with bearish sentiment. It expires in 4 day(s) on October 11, 2024. Parties traded 101 contract(s) at a $175.00 strike. This particular call needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $30.1K, with a price of $299.0 per contract. There were 12003 open contracts at this strike prior to today, and today 44026 contract(s) were bought and sold. 
• For AAPL (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>), we notice a call option trade that happens to be bearish, expiring in 4 day(s) on October 11, 2024. This event was a transfer of 188 contract(s) at a $225.00 strike. The total cost received by the writing party (or parties) was $38.3K, with a price of $204.0 per contract. There were 16855 open contracts at this strike prior to today, and today 20146 contract(s) were bought and sold. 
• For DQ (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DQ#NYSE">DQ</a>), we notice a call option sweep that happens to be bullish, expiring in 102 day(s) on January 17, 2025. This event was a transfer of 80 contract(s) at a $30.00 strike. This particular call needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $26.4K, with a price of $330.0 per contract. There were 600 open contracts at this strike prior to today, and today 5149 contract(s) were bought and sold. 
• For SMCI (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMCI#NASDAQ">SMCI</a>), we notice a call option trade that happens to be bullish, expiring in 18 day(s) on October 25, 2024. This event was a transfer of 130 contract(s) at a $50.00 strike. The total cost received by the writing party (or parties) was $29.9K, with a price of $230.0 per contract. There were 2591 open contracts at this strike prior to today, and today 2980 contract(s) were bought and sold. 
• For TSM (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TSM#NYSE">TSM</a>), we notice a call option sweep that happens to be bearish, expiring in 11 day(s) on October 18, 2024. This event was a transfer of 100 contract(s) at a $190.00 strike. This particular call needed to be split into 5 different trades to become filled. The total cost received by the writing party (or parties) was $48.0K, with a price of $481.0 per contract. There were 7369 open contracts at this strike prior to today, and today 2655 contract(s) were bought and sold. 
• For MSTR (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSTR#NASDAQ">MSTR</a>), we notice a call option trade that happens to be neutral, expiring in 102 day(s) on January 17, 2025. This event was a transfer of 8 contract(s) at a $200.00 strike. The total cost received by the writing party (or parties) was $26.9K, with a price of $3365.0 per contract. There were 13728 open contracts at this strike prior to today, and today 1717 contract(s) were bought and sold. 
• For WULF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WULF#NASDAQ">WULF</a>), we notice a put option sweep that happens to be bullish, expiring in 11 day(s) on October 18, 2024. This event was a transfer of 1000 contract(s) at a $5.00 strike. This particular put needed to be split into 15 different trades to become filled. The total cost received by the writing party (or parties) was $105.1K, with a price of $105.0 per contract. There were 4799 open contracts at this strike prior to today, and today 1209 contract(s) were bought and sold. 
• For MARA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MARA#NASDAQ">MARA</a>), we notice a call option sweep that happens to be bullish, expiring in 102 day(s) on January 17, 2025. This event was a transfer of 360 contract(s) at a $30.00 strike. This particular call needed to be split into 16 different trades to become filled. The total cost received by the writing party (or parties) was $29.8K, with a price of $83.0 per contract. There were 37989 open contracts at this strike prior to today, and today 994 contract(s) were bought and sold. 
• Regarding INTC (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTC#NASDAQ">INTC</a>), we observe a put option trade with bearish sentiment. It expires in 165 day(s) on March 21, 2025. Parties traded 100 contract(s) at a $25.00 strike. The total cost received by the writing party (or parties) was $44.0K, with a price of $440.0 per contract. There were 19231 open contracts at this strike prior to today, and today 305 contract(s) were bought and sold. 
Options Alert Terminology 
 - Call Contracts: The right to buy shares as indicated in the contract. 
 - Put Contracts: The right to sell shares as indicated in the contract. 
 - Expiration Date: When the contract expires. One must act on the contract by this date if one wants to use it. 
 - Premium/Option Price: The price of the contract. 
For more information, visit our <a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">Guide to Understanding Options Alerts</a> or read <a href="https://www.benzinga.com/markets/options">more about unusual options activity</a>. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

INTC

SMCI

Marathon Digital Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MARA#NASDAQ">MARA</a>) is trading higher Friday possibly on the back of positive news surrounding its Bitcoin mining operations and broader activity in the cryptocurrency sector. Here&#8217;s <a href="https://www.benzinga.com/markets/cryptocurrency/24/10/41140915/whats-going-on-with-bitcoin-mining-stock-marathon-digital-wednesday">what you need to know</a>.
What To Know: The company, one of the leading Bitcoin miners, released a production update this week, reporting a 5% increase in Bitcoin production for September, with a total of 705 Bitcoins mined compared to 673 in August. Additionally, Marathon holds a massive 26,842 Bitcoins, opting not to sell any in September.
Marathon's hash rate climed to 36.9 EH/s, up 5% month-over-month. The company is on track to meet its goal of reaching a hash rate of 50 EH/s by the end of 2024. Marathon also won 207 Bitcoin blocks last month, up 6% compared to August. These achievements reflect Marathon's focus on scaling its operations and optimizing its data centers, including the conversion of its Granbury data center to immersion cooling, which is progressing as planned.
The company's stock saw significant options activity, with both bullish and bearish positions being taken by large investors. While some expect the stock to fall in the $10 to $30 range in the coming months.
MARA Price Action: Marathon Digital shares were up by 5.53% at $16.33 at the time of writing, according to<a href="https://pro.benzinga.com/dashboard"> Benzinga Pro.</a>
<figure class="wp-block-image size-large is-resized"><a href="https://www.benzinga.com/pro/?utm_source=BZprocontent100424&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="1024" height="567" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/04143958/SOFI-1-1024x567.png" alt="" class="wp-image-581550" style="width:476px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/04143958/SOFI-1-1024x567.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/04143958/SOFI-1-300x166.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/04143958/SOFI-1-768x425.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/04143958/SOFI-1.png 1084w" sizes="(max-width: 1024px) 100vw, 1024px" /></a></figure>
See Also:
<ul>
<li><a href="https://www.benzinga.com/markets/cryptocurrency/24/10/41190083/us-labor-market-posts-strong-data-what-it-means-for-bitcoin">US Labor Market Posts Strong Data—What It Means For Bitcoin</a></li>
</ul>
Photo by JHVEPhoto via Shutterstock.

Movers

Marathon Digital Shares Weekly Recap: Strong Bitcoin Production and Increased Hash Rate Drive 5% Stock Surge

This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Traders will search for circumstances when the market estimation of an option diverges heavily from its normal worth. High amounts of trading activity could push option prices to exaggerated or underestimated levels. 
Below are some instances of options activity happening in the Information Technology sector: 
<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>NVDA</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>10/04/24</td>
<td>$124.00</td>
<td>$28.7K</td>
<td>53.1K</td>
<td>176.6K</td>
</tr>
<tr>
<td>AMD</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>10/11/24</td>
<td>$167.50</td>
<td>$62.7K</td>
<td>870</td>
<td>14.9K</td>
</tr>
<tr>
<td>AAPL</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>10/11/24</td>
<td>$227.50</td>
<td>$65.5K</td>
<td>7.4K</td>
<td>14.9K</td>
</tr>
<tr>
<td>MSTR</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>10/11/24</td>
<td>$180.00</td>
<td>$45.5K</td>
<td>1.7K</td>
<td>8.4K</td>
</tr>
<tr>
<td>CRM</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>10/18/24</td>
<td>$285.00</td>
<td>$60.4K</td>
<td>392</td>
<td>3.4K</td>
</tr>
<tr>
<td>AVGO</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>10/18/24</td>
<td>$175.00</td>
<td>$492.8K</td>
<td>7.1K</td>
<td>2.7K</td>
</tr>
<tr>
<td>MSFT</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>11/15/24</td>
<td>$400.00</td>
<td>$95.1K</td>
<td>7.8K</td>
<td>1.6K</td>
</tr>
<tr>
<td>DOCN</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>10/18/24</td>
<td>$42.50</td>
<td>$26.0K</td>
<td>6.0K</td>
<td>1.3K</td>
</tr>
<tr>
<td>QCOM</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>02/21/25</td>
<td>$155.00</td>
<td>$36.7K</td>
<td>810</td>
<td>867</td>
</tr>
<tr>
<td>MARA</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$10.00</td>
<td>$29.4K</td>
<td>22.1K</td>
<td>122</td>
</tr>
</tbody>
</table>

<h2>Explanation</h2>
These bullet-by-bullet explanations have been constructed using the accompanying table. 
• For NVDA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>), we notice a call option sweep that happens to be bearish, is expiring today. Parties traded 728 contract(s) at a $124.00 strike. This particular call needed to be split into 9 different trades to become filled. The total cost received by the writing party (or parties) was $28.7K, with a price of $39.0 per contract. There were 53143 open contracts at this strike prior to today, and today 176644 contract(s) were bought and sold. 
• Regarding AMD (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMD#NASDAQ">AMD</a>), we observe a put option sweep with bullish sentiment. It expires in 7 day(s) on October 11, 2024. Parties traded 172 contract(s) at a $167.50 strike. This particular put needed to be split into 12 different trades to become filled. The total cost received by the writing party (or parties) was $62.7K, with a price of $365.0 per contract. There were 870 open contracts at this strike prior to today, and today 14927 contract(s) were bought and sold. 
• Regarding AAPL (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>), we observe a call option sweep with bullish sentiment. It expires in 7 day(s) on October 11, 2024. Parties traded 397 contract(s) at a $227.50 strike. This particular call needed to be split into 17 different trades to become filled. The total cost received by the writing party (or parties) was $65.5K, with a price of $165.0 per contract. There were 7402 open contracts at this strike prior to today, and today 14915 contract(s) were bought and sold. 
• For MSTR (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSTR#NASDAQ">MSTR</a>), we notice a call option sweep that happens to be bearish, expiring in 7 day(s) on October 11, 2024. This event was a transfer of 100 contract(s) at a $180.00 strike. This particular call needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was $45.5K, with a price of $455.0 per contract. There were 1702 open contracts at this strike prior to today, and today 8454 contract(s) were bought and sold. 
• Regarding CRM (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CRM#NYSE">CRM</a>), we observe a call option sweep with bullish sentiment. It expires in 14 day(s) on October 18, 2024. Parties traded 87 contract(s) at a $285.00 strike. This particular call needed to be split into 8 different trades to become filled. The total cost received by the writing party (or parties) was $60.4K, with a price of $695.0 per contract. There were 392 open contracts at this strike prior to today, and today 3401 contract(s) were bought and sold. 
• Regarding AVGO (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVGO#NASDAQ">AVGO</a>), we observe a call option trade with bullish sentiment. It expires in 14 day(s) on October 18, 2024. Parties traded 896 contract(s) at a $175.00 strike. The total cost received by the writing party (or parties) was $492.8K, with a price of $550.0 per contract. There were 7169 open contracts at this strike prior to today, and today 2739 contract(s) were bought and sold. 
• Regarding MSFT (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>), we observe a put option sweep with bearish sentiment. It expires in 42 day(s) on November 15, 2024. Parties traded 122 contract(s) at a $400.00 strike. This particular put needed to be split into 9 different trades to become filled. The total cost received by the writing party (or parties) was $95.1K, with a price of $780.0 per contract. There were 7837 open contracts at this strike prior to today, and today 1670 contract(s) were bought and sold. 
• For DOCN (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DOCN#NYSE">DOCN</a>), we notice a call option trade that happens to be bullish, expiring in 14 day(s) on October 18, 2024. This event was a transfer of 200 contract(s) at a $42.50 strike. The total cost received by the writing party (or parties) was $26.0K, with a price of $130.0 per contract. There were 6057 open contracts at this strike prior to today, and today 1394 contract(s) were bought and sold. 
• For QCOM (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QCOM#NASDAQ">QCOM</a>), we notice a put option trade that happens to be bearish, expiring in 140 day(s) on February 21, 2025. This event was a transfer of 35 contract(s) at a $155.00 strike. The total cost received by the writing party (or parties) was $36.7K, with a price of $1050.0 per contract. There were 810 open contracts at this strike prior to today, and today 867 contract(s) were bought and sold. 
• Regarding MARA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MARA#NASDAQ">MARA</a>), we observe a call option trade with bearish sentiment. It expires in 105 day(s) on January 17, 2025. Parties traded 40 contract(s) at a $10.00 strike. The total cost received by the writing party (or parties) was $29.4K, with a price of $735.0 per contract. There were 22162 open contracts at this strike prior to today, and today 122 contract(s) were bought and sold. 
Options Alert Terminology 
 - Call Contracts: The right to buy shares as indicated in the contract. 
 - Put Contracts: The right to sell shares as indicated in the contract. 
 - Expiration Date: When the contract expires. One must act on the contract by this date if one wants to use it. 
 - Premium/Option Price: The price of the contract. 
For more information, visit our <a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">Guide to Understanding Options Alerts</a> or read <a href="https://www.benzinga.com/markets/options">more about unusual options activity</a>. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

DOCN

QCOM

10 Information Technology Stocks Whale Activity In Today's Session

This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Traders often look for circumstances when the market estimation of an option diverges away from its normal worth. Abnormal amounts of trading activity could push option prices to hyperbolic or underperforming levels. 
Here's the list of options activity happening in today's session: 
<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>NVDA</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>10/11/24</td>
<td>$126.00</td>
<td>$27.4K</td>
<td>8.8K</td>
<td>12.1K</td>
</tr>
<tr>
<td>AMD</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>10/11/24</td>
<td>$165.00</td>
<td>$31.4K</td>
<td>7.2K</td>
<td>9.5K</td>
</tr>
<tr>
<td>CLSK</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/16/26</td>
<td>$20.00</td>
<td>$705.8K</td>
<td>9.0K</td>
<td>2.4K</td>
</tr>
<tr>
<td>TSM</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$160.00</td>
<td>$48.9K</td>
<td>2.6K</td>
<td>2.2K</td>
</tr>
<tr>
<td>MSTR</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>10/11/24</td>
<td>$170.00</td>
<td>$44.5K</td>
<td>1.4K</td>
<td>2.2K</td>
</tr>
<tr>
<td>MARA</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>12/20/24</td>
<td>$32.00</td>
<td>$36.1K</td>
<td>36.3K</td>
<td>2.1K</td>
</tr>
<tr>
<td>MSFT</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>10/18/24</td>
<td>$420.00</td>
<td>$29.5K</td>
<td>4.5K</td>
<td>2.1K</td>
</tr>
<tr>
<td>TXN</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>10/11/24</td>
<td>$205.00</td>
<td>$26.5K</td>
<td>343</td>
<td>1.1K</td>
</tr>
<tr>
<td>SEDG</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>06/20/25</td>
<td>$15.00</td>
<td>$68.9K</td>
<td>373</td>
<td>616</td>
</tr>
<tr>
<td>INTC</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$27.50</td>
<td>$25.2K</td>
<td>17.7K</td>
<td>606</td>
</tr>
</tbody>
</table>

<h2>Explanation</h2>
These itemized elaborations have been created using the accompanying table. 
• Regarding NVDA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>), we observe a call option sweep with bearish sentiment. It expires in 8 day(s) on October 11, 2024. Parties traded 127 contract(s) at a $126.00 strike. This particular call needed to be split into 15 different trades to become filled. The total cost received by the writing party (or parties) was $27.4K, with a price of $216.0 per contract. There were 8898 open contracts at this strike prior to today, and today 12122 contract(s) were bought and sold. 
• Regarding AMD (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMD#NASDAQ">AMD</a>), we observe a call option sweep with bullish sentiment. It expires in 8 day(s) on October 11, 2024. Parties traded 75 contract(s) at a $165.00 strike. This particular call needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $31.4K, with a price of $420.0 per contract. There were 7252 open contracts at this strike prior to today, and today 9565 contract(s) were bought and sold. 
• Regarding CLSK (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CLSK#NASDAQ">CLSK</a>), we observe a call option sweep with bullish sentiment. It expires in 470 day(s) on January 16, 2026. Parties traded 2451 contract(s) at a $20.00 strike. This particular call needed to be split into 50 different trades to become filled. The total cost received by the writing party (or parties) was $705.8K, with a price of $288.0 per contract. There were 9037 open contracts at this strike prior to today, and today 2474 contract(s) were bought and sold. 
• Regarding TSM (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TSM#NYSE">TSM</a>), we observe a call option trade with bullish sentiment. It expires in 106 day(s) on January 17, 2025. Parties traded 17 contract(s) at a $160.00 strike. The total cost received by the writing party (or parties) was $48.9K, with a price of $2880.0 per contract. There were 2616 open contracts at this strike prior to today, and today 2276 contract(s) were bought and sold. 
• Regarding MSTR (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSTR#NASDAQ">MSTR</a>), we observe a call option trade with bullish sentiment. It expires in 8 day(s) on October 11, 2024. Parties traded 100 contract(s) at a $170.00 strike. The total cost received by the writing party (or parties) was $44.5K, with a price of $445.0 per contract. There were 1433 open contracts at this strike prior to today, and today 2262 contract(s) were bought and sold. 
• For MARA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MARA#NASDAQ">MARA</a>), we notice a call option sweep that happens to be bullish, expiring in 78 day(s) on December 20, 2024. This event was a transfer of 1000 contract(s) at a $32.00 strike. This particular call needed to be split into 25 different trades to become filled. The total cost received by the writing party (or parties) was $36.1K, with a price of $36.0 per contract. There were 36349 open contracts at this strike prior to today, and today 2192 contract(s) were bought and sold. 
• Regarding MSFT (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>), we observe a call option trade with bearish sentiment. It expires in 15 day(s) on October 18, 2024. Parties traded 50 contract(s) at a $420.00 strike. The total cost received by the writing party (or parties) was $29.5K, with a price of $590.0 per contract. There were 4531 open contracts at this strike prior to today, and today 2189 contract(s) were bought and sold. 
• Regarding TXN (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TXN#NASDAQ">TXN</a>), we observe a call option sweep with bearish sentiment. It expires in 8 day(s) on October 11, 2024. Parties traded 125 contract(s) at a $205.00 strike. This particular call needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was $26.5K, with a price of $212.0 per contract. There were 343 open contracts at this strike prior to today, and today 1129 contract(s) were bought and sold. 
• For SEDG (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SEDG#NASDAQ">SEDG</a>), we notice a put option trade that happens to be bullish, expiring in 260 day(s) on June 20, 2025. This event was a transfer of 189 contract(s) at a $15.00 strike. The total cost received by the writing party (or parties) was $68.9K, with a price of $365.0 per contract. There were 373 open contracts at this strike prior to today, and today 616 contract(s) were bought and sold. 
• For INTC (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTC#NASDAQ">INTC</a>), we notice a call option sweep that happens to be bullish, expiring in 106 day(s) on January 17, 2025. This event was a transfer of 250 contract(s) at a $27.50 strike. This particular call needed to be split into 11 different trades to become filled. The total cost received by the writing party (or parties) was $25.2K, with a price of $101.0 per contract. There were 17728 open contracts at this strike prior to today, and today 606 contract(s) were bought and sold. 
Options Alert Terminology 
 - Call Contracts: The right to buy shares as indicated in the contract. 
 - Put Contracts: The right to sell shares as indicated in the contract. 
 - Expiration Date: When the contract expires. One must act on the contract by this date if one wants to use it. 
 - Premium/Option Price: The price of the contract. 
For more information, visit our <a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">Guide to Understanding Options Alerts</a> or read <a href="https://www.benzinga.com/markets/options">more about unusual options activity</a>. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

CLSK

SEDG

Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) miner Marathon Digital Holdings Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MARA#NASDAQ">MARA</a>) on Wednesday released a production and <a href="https://www.benzinga.com/pressreleases/24/10/g41139132/mara-announces-bitcoin-production-and-mining-operation-updates-for-september-2024">mining operations update</a>.
What Happened: Marathon Digital mined 705 Bitcoin in September, up 5% from August. The company's total Bitcoin holdings were 26,842 at the end of the month after opting not to sell any Bitcoin in September.
Marathon won 207 blocks last month, up 6% compared to August. The company said its energized hash rate increased 5% month-over-month to 36.9 EH/s in September.&nbsp;Marathon noted that it remains on track to reach its target of 50 EH/s by the end of the year.
&#8220;In September, the strength of our globally diversified operations was evident as we achieved significant uptime and increased our energized hash rate to 36.9 EH/s, reflecting&nbsp;5%&nbsp;growth from August,&#8221; said Fred Thiel, chairman and CEO of Marathon Digital.
&#8220;Block wins during the month increased&nbsp;6%&nbsp;from August while BTC production grew&nbsp;5%&nbsp;to 705 BTC. We are proud to have surpassed a marathon worth of bitcoin HODL in September and currently have almost 27,000 BTC on our balance sheet.&#8221;
See Also: <a href="https://www.benzinga.com/markets/cryptocurrency/24/10/41138597/why-bitcoins-uptober-wont-be-a-smooth-ride-its-the-election-silly">Why Bitcoin&#8217;s &#8216;Uptober&#8217; Won&#8217;t Be A Smooth Ride: It&#8217;s The Election, Silly</a>
Marathon said it became the first publicly traded digital asset compute company to submit a disclosure to the Climate Disclosure Project. The company noted that the submission reinforces its commitment to environmental transparency and corporate responsibility.
&#8220;Our team continues to quickly energize our owned sites and operate them more efficiently than originally planned. The conversion of our Granbury data center from air cooled to MARA&#8217;s immersion containers is progressing on time and we expect this work to be completed before year end,&#8221; Thiel added.
MARA Price Action: <a href="http://benzinga.com/quote/MARA">Marathon Digital shares</a> were down 0.93% at $14.93 at the time of publication, according to<a href="http://pro.benzinga.com"> Benzinga Pro</a>.
Photo: Shutterstock.

Coverage of Bitcoin, Etherum, Ripple and all the latest digital currencies.

Cryptocurrency

$BTC

What's Going On With Bitcoin Mining Stock Marathon Digital Wednesday?

MARA Sept. Energized Hash Rate Increased 5% To 36.9 EH/s, BTC Production Grew 5% To 705 BTC

Not too long ago, crypto-related stocks generated buzz as Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) surged to new heights. These stocks gained significant popularity due to the excitement surrounding digital currencies and media attention. However, in recent times, crypto stocks have become less of a focus, even as Bitcoin hovers near crucial resistance levels, signaling a potential breakout.
So, is the value and hype no longer present in these once-popular crypto stocks? Or should investors keep them on their radar, even though the excitement seems to have diminished?
Let&#39;s examine two prominent crypto-related stocks and their performance compared to Bitcoin&#39;s recent moves.
<h2>Bitcoin&#39;s Recent Performance: Stable Consolidation Near Key Levels</h2>
While Bitcoin has traded mostly sideways for the past six months, showing an 8.7% decline during this period, it remains up 143% over the past year and 44% YTD. Although its recent consolidation near its all-time highs near $73,000 has subdued media interest, this major breakout level could spark a significant upward move if breached.
One potential reason for less interest in crypto-related stocks could be the rise of Bitcoin ETFs, like the iShares Bitcoin Trust (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/ibit#NASDAQ">IBIT</a>). These ETFs offer direct exposure to Bitcoin, potentially attracting investors who might have previously invested in mining stocks for their crypto exposure. But how have some of the more popular Bitcoin mining stocks performed compared to Bitcoin itself?
<h2>MARA Enters Bear Market After Earnings Miss</h2>
Marathon Digital Holdings (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/mara#NASDAQ">MARA</a>), a significant player in the mining space, struggled during Bitcoin&#39;s recent consolidation. While Bitcoin is down 8.7% over the past six months, MARA&#39;s share price has plunged over 20% during that same period and is down more than 30% YTD.
The company&#39;s recent earnings miss only added to the sell-off. On August 1st, 2024, Marathon Digital reported a quarterly loss of ($0.72) per share, significantly worse than the expected ($0.23). Revenue also fell short, reaching $145.14 million versus an expected $157.86 million.
Despite the poor performance, analysts remain relatively optimistic, with a consensus Hold rating and a price target of $19.61, suggesting a potential upside of 21.5%. However, with MARA underperforming Bitcoin and reporting weak earnings, it may take more than a Bitcoin rally to reverse its current downtrend.
<h2>RIOT&#39;s Stock Plunges 60% From 52-Week High</h2>
Riot Platforms, another major Bitcoin mining company, has experienced a similar fate. Over the past six months, RIOT&#39;s stock has dropped nearly 40%, down 60% from its 52-week high.
The company&#39;s latest earnings report, released on July 31st, 2024, showed a loss of ($0.32) per share, double the expected ($0.16) loss. Riot&#39;s revenue also slightly missed expectations, reaching $70 million, down 8.7% year-over-year.
Despite these struggles, analysts maintain a bullish outlook, with a Buy consensus and a price target of $16.60, implying more than 100% potential upside. While this might make RIOT seem like a bargain, the stock&#39;s significant underperformance compared to Bitcoin suggests that it may take more than a Bitcoin breakout to turn things around.
<h2>Cautious Optimism: Analysts See Potential for Marathon and Riot Recovery</h2>
Marathon Digital and Riot Platforms have dramatically underperformed Bitcoin, even though the cryptocurrency holds near crucial levels. While analysts remain optimistic about their long-term potential, the current weakness in earnings and stock price momentum raises caution. Investors eyeing these names should keep a close watch on Bitcoin&#39;s price action, but as the saying goes, it&#39;s never good to try and catch a falling knife. These stocks may require more than a Bitcoin breakout to regain strength.
The article &quot;<a href="https://www.marketbeat.com/stock-ideas/are-crypto-stocks-still-worth-watching-as-bitcoin-consolidates/">Are Crypto Stocks Still Worth Watching as Bitcoin Consolidates?</a>&quot; first appeared on MarketBeat.

Earnings

Earnings Misses

Mid Cap

New ETFs

Global

Tech

ETFs

IBIT

Are Crypto Stocks Still Worth Watching as Bitcoin Consolidates?

Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) fell sharply to a low of $61,100, down about 4% in the last 24 hours, as news broke of escalating <a href="https://www.benzinga.com/etfs/broad-u-s-equity-etfs/24/10/41120592/iran-set-to-launch-ballistic-missile-attack-against-israel-report">tensions in the Middle East</a>.
What Happened: The Israel Defense Forces (IDF) reported that more than 100 missiles have been fired into Israel from Iran, setting off sirens in key cities, including Tel Aviv and Jerusalem, <a href="https://news.sky.com/story/israel-hezbollah-lebanon-war-latest-sky-news-live-12978800">according</a> to Sky News.
This development has sent shockwaves through global markets, with cryptocurrencies taking a notable hit amid the rising geopolitical uncertainty.
The attack is being described as a significant escalation in the ongoing conflict. 
Military correspondent Alistair Bunkall called it &#8220;far bigger&#8221; than previous missile strikes, signaling a potential shift in the region&#8217;s tensions.
Also Read:<a href="https://www.benzinga.com/markets/cryptocurrency/24/10/41123678/joe-biden-inspired-jeo-boden-meme-coin-leaves-rivals-dogecoin-shiba-inu-in-the-dust-with-7"> Joe Biden-Inspired Jeo Boden Meme Coin Leaves Rivals Dogecoin, Shiba Inu In The Dust With 75% Gain</a>
In response, Israel has targeted locations in Lebanon, which it claims are used by Hezbollah militants, a group that is part of Iran&#8217;s &#8216;axis of resistance.&#8217; 
The current situation marks Iran&#8217;s retaliation for Israel&#8217;s actions, intensifying the regional conflict.
Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>) also experienced a substantial decline, dropping by 6.3% and trading at $2,446 as the market reacted to the unfolding events, according to data from CoinGecko.
Investors are clearly spooked, seeking safe-haven assets amid the escalating geopolitical crisis, leading to a swift sell-off in risk assets like cryptocurrencies.
The turbulence in the crypto market has also hit major players in the Bitcoin mining sector. 
According to Benzinga Pro, Marathon Digital (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MARA#NASDAQ">MARA</a>) suffered the most among Bitcoin miners, with its shares plunging nearly 9% to $14.84 before recovering slightly.
CleanSpark (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CLSK#NASDAQ">CLSK</a>) fell by almost 6%, while both Core Scientific (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CORZ#NASDAQ">CORZ</a>) and Riot Platforms (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RIOT#NASDAQ">RIOT</a>) saw a decline of about 4%. 
In addition, Coinbase (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COIN#NASDAQ">COIN</a>), the leading U.S. cryptocurrency exchange, experienced an 8% drop in its stock on Tuesday, reflecting the broader market&#8217;s nervousness.
What&#8217;s Next: Analysts will likely explore these dynamics further at Benzinga&#8217;s <a href="https://www.benzinga.com/events/digital-assets/agenda/">Future of Digital Assets</a> conference on Nov. 19, where experts will discuss the impact of global events on digital asset markets and how investors can navigate the volatile landscape.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/markets/cryptocurrency/24/10/41121820/bernstein-raises-riot-platforms-price-target-to-22-maintains-outperform-rating">Bernstein Raises Riot Platforms Price Target To $22, Maintains Outperform Rating</a></li>
</ul>
Image: Shutterstock

$ETH

COIN

Core Scientific, Inc. - Class A Common Stock

CORZ

RIOT

Bitcoin Plunges Below $62K As Iran Launches Missile Attack On Israel

Investors with a lot of money to spend have taken a bearish stance on MARA Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MARA#NASDAQ">MARA</a>).
And retail traders should know.
We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga.
Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with MARA, it often means somebody knows something is about to happen.
So how do we know what these investors just did? 
Today, <a href="https://pro.benzinga.com/?utm_source=insights">Benzinga</a>'s options scanner spotted 30 uncommon options trades for MARA Holdings.
This isn't normal.
The overall sentiment of these big-money traders is split between 43% bullish and 46%, bearish.
Out of all of the special options we uncovered, 9 are puts, for a total amount of $375,752, and 21 are calls, for a total amount of $1,090,164.
<h3>Predicted Price Range</h3>
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $10.0 to $30.0 for MARA Holdings over the recent three months. 
<h3>Volume &amp; Open Interest Trends</h3>
Assessing the volume and open interest is a strategic step in options trading. These metrics shed light on the liquidity and investor interest in MARA Holdings's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to MARA Holdings's substantial trades, within a strike price spectrum from $10.0 to $30.0 over the preceding 30 days.
<h3>MARA Holdings 30-Day Option Volume &amp; Interest Snapshot</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1727800228_0.png" alt="Options Call Chart" />
<h3>Largest Options Trades Observed:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>MARA</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>12/20/24</td>
<td>$1.93</td>
<td>$1.9</td>
<td>$1.9</td>
<td>$19.00</td>
<td>$90.8K</td>
<td>4.3K</td>
<td>23</td>
</tr>
<tr>
<td>MARA</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>12/19/25</td>
<td>$8.5</td>
<td>$8.3</td>
<td>$8.3</td>
<td>$10.00</td>
<td>$83.0K</td>
<td>5.7K</td>
<td>205</td>
</tr>
<tr>
<td>MARA</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>12/19/25</td>
<td>$8.45</td>
<td>$8.3</td>
<td>$8.3</td>
<td>$10.00</td>
<td>$82.1K</td>
<td>5.7K</td>
<td>105</td>
</tr>
<tr>
<td>MARA</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>12/20/24</td>
<td>$1.9</td>
<td>$1.87</td>
<td>$1.87</td>
<td>$19.00</td>
<td>$81.9K</td>
<td>4.3K</td>
<td>1.5K</td>
</tr>
<tr>
<td>MARA</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/16/26</td>
<td>$6.55</td>
<td>$6.5</td>
<td>$6.5</td>
<td>$15.00</td>
<td>$67.6K</td>
<td>2.7K</td>
<td>159</td>
</tr>
</tbody>
</table>

<h3>About MARA Holdings</h3>
MARA Holdings Inc leverages digital asset compute to support the energy transformation. It secures the blockchain ledger and supports the energy transformation by converting clean, stranded, or underutilized energy into economic value.
After a thorough review of the options trading surrounding MARA Holdings, we move to examine the company in more detail. This includes an assessment of its current market status and performance.
<h3>Current Position of MARA Holdings</h3>
<ul>
<li>With a volume of 21,590,289, the price of MARA is down -6.72% at $15.13. </li>
<li>RSI indicators hint that the underlying stock is currently neutral between overbought and oversold.</li>
<li>Next earnings are expected to be released in 36 days.</li>
</ul>
<h3>What Analysts Are Saying About MARA Holdings</h3>
A total of 1 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $22.0.
Turn $1000 into $1270 in just 20 days?
20-year pro options trader reveals his one-line chart technique that shows when to buy and sell. Copy his trades, which have had averaged a 27% profit every 20 days. <a href="https://www.benzinga.com/premium/ideas/options-moneyline-2/?t=Moop1arja3be22op14&amp;utm_source=benzinga-insights">Click here for access</a>. 
&#x2A; An analyst from Macquarie downgraded its action to Outperform with a price target of $22. 
Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest MARA Holdings options trades with real-time alerts from <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.

Looking At MARA Holdings's Recent Unusual Options Activity

WIIM

ARBK

BITF

BTBT

BTDR

CIFR

FUFU

HIVE

IREN

Shares of crypto-related stocks are trading lower amid a drop in the price of Bitcoin. Shares of the asset are falling as tensions rise in the Middle East following reports suggesting that Iran could be preparing to attack Israel.

Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) mining stocks are a mixed bag right now. With soaring hashrates and dwindling returns, the industry is<a href="https://www.benzinga.com/crypto"> feeling the squeeze</a>. 
But according to JPMorgan's Reginald L. Smith, not all miners are created equal. In fact, Smith says MARA Holdings Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MARA#NASDAQ">MARA</a>) is far too expensive for what it offers, while Riot Platforms Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RIOT#NASDAQ">RIOT</a>) may be a hidden gem. 
So, why is one stock overpriced and the other underappreciated? The devil's in the details.
<h2 class="wp-block-heading">Why MARA Is Expensive</h2>
Smith's analysis revolves around the economics of grid connections and mining operations. Marathon's mining setup is valued at $2.8 billion, but with only three bitcoins mined daily (net of power costs), it would take over 40 years for the company to generate its implied value.
That's an eye-watering number, especially when you consider that the lifespan of its mining equipment is less than four years. No wonder Smith finds MARA "inexplicably expensive."
Read Also: <a href="https://www.benzinga.com/markets/cryptocurrency/24/09/41101479/bitcoin-price-is-an-opportunity-technical-analyst-tells-benzinga-watch-these-indicators-fo">Bitcoin Price Is An &#8216;Opportunity,&#8217; Technical Analyst Tells Benzinga: Watch These Indicators For Signs Of A Price Surge</a>
<h2 class="wp-block-heading">Why RIOT Is A Clear Bargain</h2>
On the other hand, Riot's valuation tells a different story. RIOT's land and power assets are worth $1.4 billion—more than its current enterprise value of $1.2 billion. In other words, the market is giving negative value to its mining operations despite Riot producing eight bitcoins daily.
For Smith, this discrepancy makes RIOT a clear bargain, or in his words, "cheap."
As the bitcoin mining landscape shifts, Smith suggests that direct bitcoin investments may yield better returns than pouring more capital into mining infrastructure. 
With payback periods lengthening and industry economics tightening, Riot's undervalued assets could be the ace up its sleeve, while Marathon's inflated price tag raises serious questions about its future prospects.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/markets/cryptocurrency/24/09/41093151/whats-going-on-with-bitcoin-mining-stocks-marathon-digital-riot-platforms-and-cleanspark">What&#8217;s Going On With Bitcoin Mining Stocks Marathon Digital, Riot Platforms And CleanSpark?</a></li>
</ul>
Image created using artificial intelligence via Midjourney.

Long Ideas

Bitcoin Miner Marathon Digital 'Inexplicably Expensive,' While Riot Platforms 'Cheap,' Says Analyst

This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Traders often look for circumstances when the market estimation of an option diverges away from its normal worth. Abnormal amounts of trading activity could push option prices to hyperbolic or underperforming levels. 
Here's the list of options activity happening in today's session: 
<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>NVDA</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>10/04/24</td>
<td>$120.00</td>
<td>$48.0K</td>
<td>28.4K</td>
<td>95.1K</td>
</tr>
<tr>
<td>AAPL</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>10/04/24</td>
<td>$232.50</td>
<td>$91.3K</td>
<td>13.3K</td>
<td>86.9K</td>
</tr>
<tr>
<td>MSFT</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>10/04/24</td>
<td>$430.00</td>
<td>$32.0K</td>
<td>3.0K</td>
<td>6.4K</td>
</tr>
<tr>
<td>SMCI</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>10/04/24</td>
<td>$420.00</td>
<td>$158.0K</td>
<td>746</td>
<td>4.7K</td>
</tr>
<tr>
<td>MU</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>11/15/24</td>
<td>$115.00</td>
<td>$28.0K</td>
<td>27.6K</td>
<td>3.5K</td>
</tr>
<tr>
<td>PLTR</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>11/15/24</td>
<td>$42.00</td>
<td>$27.7K</td>
<td>2.8K</td>
<td>3.5K</td>
</tr>
<tr>
<td>MARA</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>11/15/24</td>
<td>$17.00</td>
<td>$60.9K</td>
<td>6.9K</td>
<td>2.9K</td>
</tr>
<tr>
<td>INTC</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>03/21/25</td>
<td>$23.00</td>
<td>$163.3K</td>
<td>5.9K</td>
<td>2.4K</td>
</tr>
<tr>
<td>MSTR</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>10/18/24</td>
<td>$170.00</td>
<td>$83.2K</td>
<td>620</td>
<td>1.1K</td>
</tr>
<tr>
<td>AMD</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>02/21/25</td>
<td>$165.00</td>
<td>$400.9K</td>
<td>813</td>
<td>859</td>
</tr>
</tbody>
</table>

<h2>Explanation</h2>
These bullet-by-bullet explanations have been constructed using the accompanying table. 
• For NVDA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>), we notice a call option sweep that happens to be bearish, expiring in 4 day(s) on October 4, 2024. This event was a transfer of 200 contract(s) at a $120.00 strike. This particular call needed to be split into 6 different trades to become filled. The total cost received by the writing party (or parties) was $48.0K, with a price of $240.0 per contract. There were 28406 open contracts at this strike prior to today, and today 95120 contract(s) were bought and sold. 
• For AAPL (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>), we notice a call option sweep that happens to be bearish, expiring in 4 day(s) on October 4, 2024. This event was a transfer of 439 contract(s) at a $232.50 strike. This particular call needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $91.3K, with a price of $208.0 per contract. There were 13330 open contracts at this strike prior to today, and today 86957 contract(s) were bought and sold. 
• For MSFT (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>), we notice a call option sweep that happens to be bullish, expiring in 4 day(s) on October 4, 2024. This event was a transfer of 100 contract(s) at a $430.00 strike. This particular call needed to be split into 7 different trades to become filled. The total cost received by the writing party (or parties) was $32.0K, with a price of $320.0 per contract. There were 3018 open contracts at this strike prior to today, and today 6496 contract(s) were bought and sold. 
• For SMCI (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMCI#NASDAQ">SMCI</a>), we notice a put option trade that happens to be bearish, expiring in 4 day(s) on October 4, 2024. This event was a transfer of 100 contract(s) at a $420.00 strike. The total cost received by the writing party (or parties) was $158.0K, with a price of $1580.0 per contract. There were 746 open contracts at this strike prior to today, and today 4738 contract(s) were bought and sold. 
• Regarding MU (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MU#NASDAQ">MU</a>), we observe a call option sweep with bearish sentiment. It expires in 46 day(s) on November 15, 2024. Parties traded 102 contract(s) at a $115.00 strike. This particular call needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was $28.0K, with a price of $275.0 per contract. There were 27631 open contracts at this strike prior to today, and today 3599 contract(s) were bought and sold. 
• Regarding PLTR (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NYSE">PLTR</a>), we observe a call option sweep with bullish sentiment. It expires in 46 day(s) on November 15, 2024. Parties traded 220 contract(s) at a $42.00 strike. This particular call needed to be split into 5 different trades to become filled. The total cost received by the writing party (or parties) was $27.7K, with a price of $126.0 per contract. There were 2867 open contracts at this strike prior to today, and today 3561 contract(s) were bought and sold. 
• For MARA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MARA#NASDAQ">MARA</a>), we notice a call option sweep that happens to be bearish, expiring in 46 day(s) on November 15, 2024. This event was a transfer of 293 contract(s) at a $17.00 strike. This particular call needed to be split into 7 different trades to become filled. The total cost received by the writing party (or parties) was $60.9K, with a price of $208.0 per contract. There were 6904 open contracts at this strike prior to today, and today 2910 contract(s) were bought and sold. 
• For INTC (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTC#NASDAQ">INTC</a>), we notice a put option sweep that happens to be bullish, expiring in 172 day(s) on March 21, 2025. This event was a transfer of 596 contract(s) at a $23.00 strike. This particular put needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was $163.3K, with a price of $274.0 per contract. There were 5981 open contracts at this strike prior to today, and today 2436 contract(s) were bought and sold. 
• For MSTR (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSTR#NASDAQ">MSTR</a>), we notice a put option sweep that happens to be bullish, expiring in 18 day(s) on October 18, 2024. This event was a transfer of 66 contract(s) at a $170.00 strike. This particular put needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was $83.2K, with a price of $1265.0 per contract. There were 620 open contracts at this strike prior to today, and today 1167 contract(s) were bought and sold. 
• Regarding AMD (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMD#NASDAQ">AMD</a>), we observe a call option trade with bearish sentiment. It expires in 144 day(s) on February 21, 2025. Parties traded 198 contract(s) at a $165.00 strike. The total cost received by the writing party (or parties) was $400.9K, with a price of $2025.0 per contract. There were 813 open contracts at this strike prior to today, and today 859 contract(s) were bought and sold. 
Options Alert Terminology 
 - Call Contracts: The right to buy shares as indicated in the contract. 
 - Put Contracts: The right to sell shares as indicated in the contract. 
 - Expiration Date: When the contract expires. One must act on the contract by this date if one wants to use it. 
 - Premium/Option Price: The price of the contract. 
For more information, visit our <a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">Guide to Understanding Options Alerts</a> or read <a href="https://www.benzinga.com/markets/options">more about unusual options activity</a>. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

PLTR

Bitcoin (CRYPTO: <a href="https://www.benzinga.com/quote/btc/usd">BTC</a>) mining stocks Marathon Digital Holdings Inc (NASDAQ: <a href="https://www.benzinga.com/stock/mara#NASDAQ">MARA</a>), Riot Platforms Inc (NASDAQ: <a href="https://www.benzinga.com/stock/riot#NASDAQ">RIOT</a>) and CleanSpark Inc (NASDAQ: <a href="https://www.benzinga.com/stock/clsk#NASDAQ">CLSK</a>) are moving lower Monday alongside the <a href="https://www.benzinga.com/markets/cryptocurrency/24/09/41079475/benzinga-bulls-and-bears-apple-tesla-novo-nordisk-bitcoin-and-shiba-inus-major-stablecoin-">price of Bitcoin.</a>
What To Know:&nbsp;Bitcoin is down about 2.5% over the last 24 hours driving weakness in the broader crypto space and in crypto-related stocks. The move comes as Bitcoin has rallied in recent weeks after Bitcoin spot ETFs&nbsp;reported several consecutive days of <a href="https://www.benzinga.com/markets/cryptocurrency/24/09/41070034/bitcoin-smashes-through-66-000-as-etfs-take-in-365m-to-extend-their-inflow-streak-to-6-str">positive fund flows</a>. Bitcoin is up about 9% over the last month and is about 15% off all-time highs.
Bitcoin miners report mining metrics on a monthly basis. Marathon, Riot and CleanSpark are expected to report numbers for September this week. 
Last month, Marathon said it mined 673 Bitcoin with an energized hash rate of 35.2 EH/s, Riot mined 322 Bitcoin with an average operating hash rate of 14.5 EH/s and CleanSpark mined 478 Bitcoin with an operating hash rate of 22.6 EH/s.
Marathon Digital&nbsp;engages in&nbsp;mining digital assets and focuses on the Bitcoin ecosystem.&nbsp;The stock was down 3.76% at $16.64&nbsp;at publication time.&nbsp;
Riot Blockchain is focused on building, supporting and operating&nbsp;<a href="https://www.benzinga.com/topic/blockchain" target="_blank" rel="noreferrer noopener">blockchain technologies</a>. Shares were down 3.44% at $7.57&nbsp;Monday morning.
CleanSpark&nbsp;is an energy&nbsp;company that transitioned its expertise to focus on Bitcoin mining in 2020. CleanSpark shares were down 4.74% at $9.65 at the time of writing.
Check This Out: <a href="https://www.benzinga.com/markets/cryptocurrency/24/09/41079475/benzinga-bulls-and-bears-apple-tesla-novo-nordisk-bitcoin-and-shiba-inus-major-stablecoin-">Benzinga Bulls And Bears: Apple, Tesla, Novo Nordisk, Bitcoin — And Shiba Inu&#8217;s Major Stablecoin Tease</a>
$BTC Price Action: At the time of publication, Bitcoin was down 2.48% over a 24-hour period, trading around $64,000, according to <a href="http://pro.benzinga.com">Benzinga Pro</a>.
Photo: Shutterstock.

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