Uncovering the Financial Giants’ Moves
In a notable turn of events, financial giants have taken a bullish stance on Marriott Intl. Examining the options history for Marriott Intl (NASDAQ:MAR) unveiled 9 trades that stood out from the norm.
Analyzing Sentiments and Values
A deeper dive into the data revealed that 55% of traders leaned towards a bullish sentiment, while 33% showed tendencies that were more bearish. Among the identified trades, 4 were puts with a combined value of $760,957, and 5 calls worth $169,571.
Expected Price Movements
Assessing the trading volumes and Open Interest, it’s clear that the major market influencers have set their sights on a price range between $150.0 and $300.0 for Marriott Intl over the past three months.
Insights into Volume & Open Interest
Regarding liquidity and interest, the average open interest for Marriott Intl options trades today stands at 83.57, with a total volume of 3,515.00.
Observing the Call and Put Volume
Highlighting Noteworthy Options Activity
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| MAR | PUT | SWEEP | BULLISH | 12/20/24 | $6.0 | $5.9 | $5.9 | $240.00 | $338.1K | 226 | 663 |
Exploring Marriott Intl’s Profile
Marriott Intl oversees a whopping 1.7 million rooms across approximately 30 brands. By the end of 2023, the breakdown included luxury at 10%, premium at 42%, select service at 46%, midscale at 1%, and others at 1%. Key brands like Marriott, Courtyard, and Sheraton lead the pack, while newer lifestyle brands such as Autograph, Tribute, Moxy, Aloft, and Element have also made an impact. As of Dec. 31, 2023, managed and franchised locations made up 97% of total rooms, with North America accounting for 63% of the total. Managed, franchised, and incentive fees constitute the bulk of revenue and profitability for the company.
After the in-depth options trading analysis on Marriott Intl, the focus shifts towards a comprehensive examination of the company’s current market position and performance.
Marriott Intl’s Market Performance
- With a trading volume of 1,235,041, MAR’s price has seen a 0.93% increase, reaching $253.04.
- Current RSI values suggest the stock is currently in a neutral state between being overbought and oversold.
- The next earnings report is slated for 34 days from now.
Insightful Analyst Ratings for Marriott Intl
Professional analysts have recently shared their perspectives, with an average price target of $264.5 for the stock.
Unusual Options Activity Revealed: Smart Money on the Move
Analyzing the movements of smart money through options trading can offer unique insights into market shifts. From downgrades to upgrades, the landscape remains dynamic. However, one must tread carefully in the realm of options trading, balancing risks with the potential for rewards. Stay informed with tools like Benzinga Pro for real-time alerts on options activity related to Marriott Intl.
Market News and Data provided via Benzinga APIs
