Decoding Marriott Intl’s Options: A Deep Dive Into Market Activity

Financial titans have made a bold move in the high-stakes world of Marriott Intl. Scrutinizing the options history for Marriott Intl (NASDAQ: MAR) unveiled 9 peculiar trades.

An exploration of the data unearthed an interesting distribution, with 55% of traders showcasing bullish inclinations while 33% displayed more bearish sentiments. Among the highlighted trades, 4 were puts valued at $760,957 and 5 were calls amounting to $169,571.

Unveiling Expected Price Movements

After diligent examination of the trading volumes and Open Interest, it is clear that the market movers have their sights set on a price band between $150.0 and $300.0 for Marriott Intl over the past three months.

Delving into Volume & Open Interest Trends

Considering liquidity and interest measures, the mean open interest for Marriott Intl options trades stands at 83.57, with a significant total volume of 3,515.00.

Below, an illustrative chart tracks the progress of volume and open interest for call and put options within the $150.0 to $300.0 strike price range for Marriott Intl’s major transactions in the last 30 days.

A Closer Look at Marriott Intl’s Call and Put Volume: 30-Day Recap

Significant Options Activity

Exploring Marriott Intl’s Profile

A giant in the hospitality realm, Marriott oversees an impressive 1.7 million rooms under approximately 30 different brands. As of the close of 2023, luxury accommodations accounted for around 10% of total rooms, while premium rooms took up 42%, select service lodging represented 46%, midscale rooms at 1%, and the remaining 1% designated to other categories. Leading the pack are well-known brands like Marriott, Courtyard, and Sheraton, along with newer lifestyle concepts such as Autograph, Tribute, Moxy, Aloft, and Element. The vast majority of Marriott’s rooms, 97% to be precise, are managed and franchised, with North America claiming 63% of the total room count. Revenue-wise, managed, franchise, and incentive fees hold the lion’s share, driving the company’s profitability.

After a meticulous review of the options landscape surrounding Marriott Intl, our focus shifts to a detailed analysis of the company’s performance and market standing.

Assessing Marriott Intl’s Market Performance

• Recording a robust trading volume of 1,235,041, Marriott Intl’s stock has surged by 0.93%, reaching a price of $253.04.
• The current Relative Strength Index (RSI) values signal that the stock is hovering in a neutral position, teetering between overbought and oversold territories.
• The next earnings report is slated for 34 days from today, promising a key milestone for investors.

Expert Analyst Ratings for Marriott Intl

Over the past month, 2 professional analysts have weighed in on Marriott Intl, establishing an average price target of $264.5.

Uncovering Unusual Options Activity: The Smart Money Shuffle

Identifying potential market shifts ahead of time, Benzinga Edge’s Unusual Options board gives a glimpse into the maneuvers of significant players. Discover the trades being made on top stocks before they make waves. Trading options introduces heightened risks but also the allure of greater rewards. Seasoned traders adeptly manage these risks through continuous learning, strategic adjustments, the use of diverse indicators, and a keen awareness of market dynamics. Stay ahead of the curve with the latest options insights for Marriott Intl using Benzinga Pro for real-time updates.