Call Options on MARA on 3/4/2024

Marathon Digital Holdings, Inc. (MARA) operates as a digital asset technology company that mines digital assets with a focus on the bitcoin ecosystem in United States.

The company was formerly known as Marathon Patent Group, Inc. and changed its name to Marathon Digital Holdings, Inc. in February 2021.

Marathon Digital Holdings, Inc. was incorporated in 2010 and is headquartered in Fort Lauderdale, Florida.

Please note, this stock reported earnings on Wednesday, February 28th.

Marathon Digital reported a loss of $0.02 per share on revenue of $156.77 million for the fourth quarter ended December 2023. The consensus earnings estimate was $0.05 per share on revenue of $143.28 million. The company missed expectations by 122.22% while revenue grew 451.67% on a year-over-year basis.

We will be trading March st Call Options.

Last Trade: $28.94

Trading Range: $5.13 - $34.09

Trade Buy 1 March $28.50 Call at $3.02 For a net debit of $3.02 Profit/Loss Analysis Breakeven at $31.52 Maximum profit is unbounded Maximum loss is ($302.00) at strike of $28.00 Closing Summary Sold 1 March $28.50 Call at $0.00

Position closed on 3/25/2024 at price of $0.00 with a -100.00% loss in 20 days.

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