Unusual Trades Shine Bright in Marriott Intl
Financial titans have taken a profound bullish stance on Marriott Intl. In our scrutiny of Marriott Intl’s options history, a total of 9 unusual trades have come to light.
Upon delving deeper, it came to light that 55% of market players showcased bullish sentiment, while 33% leaned towards the bearish end of the spectrum. Among the observed trades, 4 constituted puts, valued at $760,957, and 5 were calls, with a value of $169,571.
The Landscape of Expected Price Movements
After meticulous evaluation of the trading volumes and Open Interest, it becomes apparent that the prominent market catalysts are honing in on a price range spanning $150.0 to $300.0 for Marriott Intl, encapsulating the past three months.
Deep Dive into Volume & Open Interest
In terms of liquidity and interest, the mean open interest for options trades related to Marriott Intl currently stands at 83.57, coupled with a robust total volume of 3,515.00.
A 30-Day Glimpse into Marriott Intl’s 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 |
| 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 |
Understanding Marriott Intl’s Fundamental Landscape
With a sprawling reach of 1.7 million rooms across nearly 30 brands, Marriott Intl’s presence in the hospitality domain is formidable. As of the close of 2023, the breakdown of room distribution consisted of luxury at 10%, premium at 42%, select service at 46%, midscale at 1%, and other at 1%. Noteworthy brands include Marriott, Courtyard, and Sheraton, alongside newer lifestyle brands like Autograph, Tribute, Moxy, Aloft, and Element. Furthermore, as of December 31, 2023, managed and franchised operations accounted for 97% of total rooms, with North America contributing 63% of the overall room count. Revenue and profitability are chiefly derived from managed, franchise, and incentive fees for Marriott Intl.
Following a meticulous review of the intricacies surrounding Marriott Intl’s options trading, it’s imperative to pivot towards a more profound examination of the company itself. This includes a nuanced evaluation of its current standing in the market and operational performance.
Snapshot of Marriott Intl’s Current Market Status
- Trade volumes totaling 1,235,041 have steered MAR’s price trajectory up by 0.93%, reaching $253.04.
- Current RSI indicators suggest that the stock is treading a neutral path, oscillating between the realms of overbought and oversold.
- The forthcoming earnings announcement is scheduled in 34 days.
Professional Analyst Insights on Marriott Intl
Over the recent 30-day period, a cumulative tally of 2 professional analysts have shared their sentiments on Marriott Intl’s stock, projecting an average price target of $264.5.
Riding the Wave of Unusual Options Activity: Deciphering Market Moves
Unusual Options board by Benzinga Edge has a keen eye for spotting impending market shifts. Witness the strategic positions being adopted by significant investors in your preferred stocks.
* Goldman Sachs’ analyst downgraded the stock rating to Buy with a revised price target of $267.
* Bernstein’s analyst upgraded their call to Outperform, with a revised price target of $262.
Trading options embodies greater risks but also harbors the potential for heightened returns. Astute traders navigate these choppy waters by embracing continuous education, strategic maneuvering of trades, leveraging sundry indicators, and staying attuned to market nuances. Dive into the latest options trades concerning Marriott Intl with Benzinga Pro for real-time insights.