Interpreting Financial Giants’ Bold Moves
Lately, financial titans have made striking bullish strides in the realm of Marriott Intl. The options background of Marriott Intl (MAR) exposes 9 uncommon exchanges. Digging deeper, we detect that 55% of traders exude bullish sentiments, while 33% lean toward bearish tendencies. Among the varied trades we have unearthed, 4 lean towards puts, amounting to $760,957, and 5 gravitate towards calls, valued at $169,571.
Anticipated Price Swings
Scrutinizing the trading volumes and Open Interest, a clear pattern emerges showing that the key market influencers center their attention on a price bracket between $150.0 and $300.0 for Marriott Intl, as evidenced over the past three months.
Diving into Volume & Open Interest Details
When it comes to liquidity and interest, the mean open interest for Marriott Intl options trades today stands at 83.57, with a total volume of 3,515.00. The visual representation below illustrates the ebb and flow of volume and open interest for call and put options within a strike price range of $150.0 to $300.0 over the last 30 days.
Visualizing Marriott Intl’s Call and Put Volume Trends
Prominent Options Activity Breakdown
| 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 |
| MAR | PUT | SWEEP | BULLISH | 12/20/24 | $6.1 | $5.8 | $5.8 | $240.00 | $308.0K | 226 | 1.3K |
| MAR | PUT | SWEEP | BEARISH | 04/17/25 | $10.9 | $10.1 | $10.9 | $240.00 | $81.7K | 20 | 75 |
| MAR | CALL | TRADE | BULLISH | 01/16/26 | $110.9 | $108.5 | $110.9 | $150.00 | $55.4K | 24 | 5 |
| MAR | PUT | SWEEP | BULLISH | 12/20/24 | $5.8 | $5.6 | $5.6 | $240.00 | $33.0K | 226 | 1.3K |
Exploring Marriott Intl’s Profile
Marriott manages a vast network of 1.7 million rooms across nearly 30 brands. As of the close of 2023, luxury accommodations accounted for roughly 10% of total rooms, while premium offerings held 42%. Select service lodgings made up 46%, with midscale filling 1% and other categories 1%. Marriott, Courtyard, and Sheraton stand out as the prominent brands, alongside newer lifestyle offerings such as Autograph, Tribute, Moxy, Aloft, and Element. At the close of December 31, 2023, managed and franchised rooms comprised 97% of the total inventory, with North America claiming 63% share. Managed, franchise, and incentive fees delineate the lion’s share of revenue and profitability.
Following a comprehensive review of the options market activity surrounding Marriott Intl, we pivot to a deeper examination of the company’s performance and current standing in the market.
Current Market Position of Marriott Intl
- Logging a trading volume of 1,235,041, MAR has seen a respectable 0.93% increase, touching $253.04.
- The current Relative Strength Index (RSI) values indicate that the stock hovers neutrally between overbought and oversold conditions.
- The next earnings report is slated to surface in 34 days.
Insights from Industry Analysts on Marriott Intl
Within the past 30 days, 2 seasoned analysts have weighed in on this stock, setting an average price target at $264.5.
Uncovering Unusual Options Activity: Smart Money in Motion
Experiencing the revelations of Benzinga Edge’s Unusual Options board allows a peek into the potential movements in the market before they materialize. Insights into the positions taken by major players in your favored stocks can be enlightening.
Trading options dances with heightened risks but offers tantalizing prospects for amplified gains. Adroit traders navigate these risks through continuous education, strategic trade tweaks, employing assorted indicators, and staying astute to market dynamics. Stay updated on the latest options maneuvers linked to Marriott Intl with Benzinga Pro for instantaneous alerts.