{"id":4813,"date":"2024-12-27T20:48:42","date_gmt":"2024-12-27T20:48:42","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=4813"},"modified":"2024-12-27T20:48:42","modified_gmt":"2024-12-27T20:48:42","slug":"options-corner-mara-holdings-wild-swings-incentivizes-a-directionally-neutral-iron-condor-trade","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=4813","title":{"rendered":"Options Corner: MARA Holdings’ Wild Swings Incentivizes A Directionally Neutral Iron Condor Trade"},"content":{"rendered":"
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The end of the holiday week encountered volatility, with the major U.S. indices suffering conspicuous declines<\/a>. In turn, the cryptocurrency ecosystem was muted, extending a soft spell that began around a week-and-a-half ago. Unfortunately for investors of crypto miners like MARA Holdings<\/strong> (NASDAQ:MARA<\/a>), the downturn also impacted the business end of the blockchain. However, contrary to popular belief, speculators should consider refraining from buying the dip.<\/p>\n

Of course, the temptation is understandable. At the beginning of this week, Benzinga’s unusual options activity<\/a> screener identified a substantial volume of bearish activity against MARA stock. Specifically, the biggest transaction among the whales \u2014 or institutional investors \u2014 was for $8 put options expiring Jan. 16, 2026. That implies about a 57% implosion from the time-of-writing price.<\/p>\n

Still, as the meme-stock phenomenon<\/a> demonstrated, contrarian speculation can sometimes lead to big rewards. Fueling this sentiment is the fact that, at the moment, MARA stock represents one of the largest increases in short interest<\/a>. Currently, MARA’s short interest stands at 25.12%, whereas the prior reading sat at 20.98%.<\/p>\n

\"\"<\/figure>\n<\/p>\n

By aggressively piling into the long side, the contrarian bulls could theoretically panic out the bears. Structurally, in order to close out a short position, the bearish trader must execute a counterbalancing long transaction. Logically, a panicked rush of long volume could skyrocket the target security, leading to a bonanza.<\/p>\n

Nevertheless, the empirical data doesn’t support this approach for MARA stock.<\/p>\n

Also Read: Veteran Investor Bets Big On S&P 500 Hitting 7,000 …<\/a><\/strong><\/p>\n

Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

The end of the holiday week encountered volatility, with the major U.S. indices suffering conspicuous declines. In turn, the cryptocurrency ecosystem was muted, extending a soft spell that began around a week-and-a-half ago. Unfortunately for investors of crypto miners like MARA Holdings (NASDAQ:MARA), the downturn also impacted the business end of the blockchain. However, contrary […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-4813","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/4813","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=4813"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/4813\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4813"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4813"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4813"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}