Decoding Marriott Intl's Options Activity: What's the Big Picture?
Financial giants have made a conspicuous bullish move on Marriott Intl. Our analysis of options history for Marriott Intl MAR revealed 9 unusual trades.
Delving into the details, we found 55% of traders were bullish, while 33% showed bearish tendencies. Out of all the trades we spotted, 4 were puts, with a value of $760,957, and 5 were calls, valued at $169,571.
Expected Price Movements
After evaluating the trading volumes and Open Interest, it’s evident that the major market movers are focusing on a price band between $150.0 and $300.0 for Marriott Intl, spanning the last three months.
Insights into Volume & Open Interest
In terms of liquidity and interest, the mean open interest for Marriott Intl options trades today is 83.57 with a total volume of 3,515.00.
In the following chart, we are able to follow the development of volume and open interest of call and put options for Marriott Intl’s big money trades within a strike price range of $150.0 to $300.0 over the last 30 days.
Marriott Intl Call and Put Volume: 30-Day Overview
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 |
| 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 |
About Marriott Intl
Marriott operates 1.7 million rooms across roughly 30 brands. At the end of 2023, luxury represented roughly 10% of total rooms, premium 42%, select service was 46%, midscale 1%, and other 1%. Marriott, Courtyard, and Sheraton are the largest brands, while Autograph, Tribute, Moxy, Aloft, and Element are newer lifestyle brands. Managed and franchised represented 97% of total rooms as of Dec. 31, 2023. North America makes up 63% of total rooms. Managed, franchise, and incentive fees represent the vast majority of revenue and profitability for the company.
After a thorough review of the options trading surrounding Marriott Intl, we move to examine the company in more detail. This includes an assessment of its current market status and performance.
Marriott Intl’s Current Market Status
- With a trading volume of 1,235,041, the price of MAR is up by 0.93%, reaching $253.04.
- Current RSI values indicate that the stock is is currently neutral between overbought and oversold.
- Next earnings report is scheduled for 34 days from now.
Professional Analyst Ratings for Marriott Intl
A total of 2 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $264.5.
Unusual Options Activity Detected: Smart Money on the Move
Benzinga Edge’s Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. Click here for access.
* An analyst from Goldman Sachs downgraded its action to Buy with a price target of $267.
* An analyst from Bernstein upgraded its action to Outperform with a price target of $262.
Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for Marriott Intl with Benzinga Pro for real-time alerts.
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