Whales with a lot of money to spend have taken a noticeably bearish stance on Marriott International.

Looking at options history for Marriott International (NASDAQ:MAR) we detected 20 trades.

If we consider the specifics of each trade, it is accurate to state that 40% of the investors opened trades with bullish expectations and 50% with bearish.

From the overall spotted trades, 13 are puts, for a total amount of $1,510,675 and 7, calls, for a total amount of $408,880.

Expected Price Movements

After evaluating the trading volumes and Open Interest, it’s evident that the major market movers are focusing on a price band between $280.0 and $375.0 for Marriott International, spanning the last three months.

Volume & Open Interest Development

Assessing the volume and open interest is a strategic step in options trading. These metrics shed light on the liquidity and investor interest in Marriott International’s options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to Marriott International’s substantial trades, within a strike price spectrum from $280.0 to $375.0 over the preceding 30 days.

Marriott International Option Volume And Open Interest Over Last 30 Days