Unusual Options Activity Thur 6/20/24

The following options are exhibiting notable trading, potentially indicating changing sentiment toward the underlying stocks, and/or potentially representing positioning for increased volatility.

Bullish Call Activity:

• SIRI Weekly Jun28 3.5 calls (volume: 9.8K, open int: 30.9K, implied vol: ~92%, prev day implied vol: 60%). Co is expected to report earnings late July.
• CIFR Jul 6 calls are seeing interest with the underlying stock up 6% (volume: 30.0K, open int: 33.8K, implied vol: ~117%, prev day implied vol: 89%). 17.9K contracts traded in a single transaction. Co is expected to report earnings early August.
• MARA Jun 21 calls (volume: 15.9K, open int: 15.6K, implied vol: ~91%, prev day implied vol: 85%). Co is expected to report earnings early August.
  

Bearish Put Activity:

• DJT Jun 25 puts  are seeing interest with the underlying stock down 13% (volume: 8630, open int: 10.2K, implied vol: ~123%, prev day implied vol: 85%). Co announced SEC effectiveness of Amended Form S-1. Co is expected to report earnings mid-August.
• ARM Jun 165 puts are seeing interest with the underlying stock down 6% (volume: 4760, open int: 1970, implied vol: ~74%, prev day implied vol: 64%). Co is expected to report earnings early August.
  

Sentiment: The CBOE Put/Call ratio is currently: 0.87, VIX: (13.38, +0.90, +7.2%).
Tomorrow is options expiration -- the last day to trade June equity options.

Unusual Options Activity Fri 8/11/23

The following options are exhibiting notable trading, potentially indicating changing sentiment toward the underlying stocks, and/or potentially representing positioning for increased volatility.

Bullish Call Activity:

• MARA Aug 15 calls (volume: 1770, open int: 6810, implied vol: ~188%, prev day implied vol: 114%). Co is expected to report earnings mid-November.
• CLSK Aug 7.5 calls are seeing interest with the underlying stock up 11% (volume: 4870, open int: 2410, implied vol: ~133%, prev day implied vol: 118%). Co is scheduled to present at a HC Wainwright conference on September 11. Co is expected to report earnings mid-November.
• LRCX Aug 665 calls are seeing interest with the underlying stock down 4% (volume: 1950, open int: 0, implied vol: ~50%, prev day implied vol: 40%). Co is expected to report earnings mid-October.
  

Bearish Put Activity:

• RBLX Aug 30 puts (volume: 1560, open int: 3360, implied vol: ~93%, prev day implied vol: 57%). Co is expected to report earnings early November.
• CRWD Aug 150 puts (volume: 2170, open int: 490, implied vol: ~52%, prev day implied vol: 44%). 1K traded in a single transaction. Co is confirmed to report earnings August 30 after the close.
  

Sentiment: The CBOE Put/Call ratio is currently: 1.07, VIX: (15.64, -0.21, -1.3%).
August 18 is options expiration -- the last day to trade August equity options.

Marathon Patent Group (MARA): Global Bit Ventures acquired 1,300 of cryptocurrency mining machines

• Marathon Patent Group's subsidiary, Global Bit Ventures, acquired 1,300 cryptocurrency mining machines. 
• Jan 12:  #15

Marathon Patent Group: Global Bit Ventures (being acquired by MARA) has purchased 1,300 of Bitmain's Antminer S9 miners  

• Co announced that Global Bit Ventures purchased 1,300 of Bitmain's Antminer S9 miners Marathon and GBV have entered into a definitive purchase agreement whereby Marathon is acquiring 100% ownership of GBV.
• The 1,300 Antminer S9s are expected to utilize an estimated 1.8 MW of power once fully deployed and add 14 Ph/s of ASIC mining capacity.
• GBV currently owns 1,000 GPU mining servers capable of 250 GH/s. The Antminer S9s are able to mine any cryptocurrency using the SHA256 algorithm, including Bitcoin and Bitcoin Cash.

MARA — is it a buy?

• Dec 12:  Is MARA a buy?

• A month later (Jan 11):  NO

  

Long trade : Marathon Patent Group (MARA) (11/17)

Marathon Patent Group, Inc., together with its subsidiaries, acquires and monetizes patents primarily in the United States.

• Headquarters: Los Angeles, CA
• Founded: 2010
• Parent organization: Revere Investments
• marathonpg.com

  

• The following 2 days:

Cryptocurrency play Marathon Patent Group (MARA) extends this week's break out to multi-month high 

• Co acquired 100% ownership of Global Bit Ventures on November 2. Global Bit Ventures is a digital asset technology company that mines cryptocurrencies.
• The stock did a 1:4 reverse split in late October and has a ~5.5 mln share float. 

Description

Marathon Patent Group Inc. (MARA) is engaged in acquiring patents and patent rights from owners or other ventures. The Company monetizes its portfolio of patents and patent rights by entering into license discussions. The Company owns around 378 United States and foreign patents, and patent rights across a range of technologies and markets. The Company owns around 22 patent applications across a range of technologies and markets.

Key stats and ratios

	Q3 (Sep '17)	2016
Net profit margin	-3931.84%	-78.70%
Operating margin	-3515.51%	-42.54%
EBITD margin	-	22.30%
Return on average assets	-191.55%	-88.01%
Return on average equity	-	-1613.89%
Employees	6