Traders Purchase Large Volume of Call Options on Marathon Digital (NASDAQ:MARA)

Marathon Digital (NASDAQ:MARA) saw a significant increase in call option trading, with 250,143 contracts purchased, representing a 14% rise above its average daily volume. This surge in options activity comes amidst mixed but generally positive analyst sentiment, with a consensus "Moderate Buy" rating and a price target of $18.72. Despite a recent 4.9% drop in share price and insider selling totaling $1.45 million, the company is diversifying into AI data center infrastructure, which analysts view as a potential long-term growth driver.