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Marathon Joins Nvidia, Tesla in Top 3 Stock Options Volume as Bitcoin Rises

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Luzi Ann Santos joined discussion · Nov 30 01:17
$MARA Holdings (MARA.US)$ joined $NVIDIA (NVDA.US)$ and $Tesla (TSLA.US)$ in the top three most active stock options as bitcoin resumes its march toward $100,000.
More than 505,000 Marathon options changed hands as of 12:12 p.m. in New York Friday, almost two-thirds of which are call options. The heaviest trading was in call options that give the holders the right to buy the stock at $30 by the end of the trading day, with volume now at 47,720, almost triple the open interest.
(To see Marathon Holdings' options chain, click here. For Nvidia's options chain, click here. Tesla's options chain an be found here.)
Source: moomoo mobile app
Source: moomoo mobile app
Demand for call options are surging after the stock jumped as much as 12.5% to $30.28, pushing many of the contracts in-the-money. The shares last traded at $29.95, with less than an hour left into the trading day.
The stock rally came as $Bitcoin (BTC.CC)$ advanced 2.2% to $97,852.47.
Marathon Joins Nvidia, Tesla in Top 3 Stock Options Volume as Bitcoin Rises
Can Bitcoin prices continue to power Marathon Holdings' stock higher? How high do you think can the share price go before the end of the year? Share your thoughts in the comments below and if you have a price forecast, please vote below.
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