thinorfat
09-25

$Marathon Digital Holdings Inc(MARA)$ Call Options OI:

While I previously expressed disappointment about the maximum pain point remaining at $15.51, analyzing daily changes in open interest reveals subtle yet interesting trends. In the trading (09/24), we saw a small decrease (about 500 contracts) in CALL options below $15.5, and a significant increase in calls between $16.0-$19.0, particularly 3,837 new contracts at the $17.0 strike.

This indicates market optimism, with aggressive positioning of call options at higher prices. Although the maximum pain point hasn't moved significantly, market sentiment is notably positive. the trading (09/24) saw over 10,000 new option positions opened above the $17.5 strike price.

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