Schaeffer's Top Stock Picks for '25

Options Bulls Enjoying Crypto Stock Volatility

Options are affordably priced at the moment, too

Deputy Editor
Mar 25, 2024 at 1:11 PM
facebook X logo linkedin


Crypto-adjacent stocks are flying high today, after Bitcoin (BTC) earlier cleared the $70,000 mark. As a result, Marathon Digital Holdings Inc (NASDAQ:MARA) is enjoying a modest midday lead, last seen 2.8% higher to trade at $21.45.

In the enigmatic cryptocurrency sector, Marathon Digital stock is underperforming the ProShares Bitcoin Strategy ETF (BITO), the former down 10.3% in 2024 and the latter up 55.3% in the same timeframe. Year over year, however, MARA is up 170.6% while BITO is up 85.4% over the last 12 months.

MARA Chart March 25024

The equity is popular with options traders, especially those of the bullish persuasion, despite BTC's volatility. Marathon Digital popped up on Schaeffer's Senior Quantitative Analyst Rocky White's list of stocks that attracted the highest weekly options volume in the last two weeks. Per White's data, 2,184,958 calls and 1,002,966 puts were exchanged over this 10-day period, with the most popular contract being the March 21.50 call.

MAO Chart March 25024

While short interest is unraveling -- down 15.6% over the last month -- the 39.61 million shares sold short still represent 154% of MARA's total available float. Those looking to speculate on Marathon Digital stock's next move can do so for cheap with options. This is per the equity's Schaeffer's Volatility Index (SVI) of 118% that ranks higher than 29% of annual readings. The security tends to outperform volatility expectations, too, per its Schaeffer's Volatility Scorecard (SVS) tally of 81 out of 100. 

 
 

Which of These SUB-$5 Stocks Could 26x From Here? (AD)

He called a rare 11x on Tesla…

Then he called a 26x on Workhorse…

Then an even rarer 35x on Nio Inc…

Now Tim Bohen says these 5 tiny “America First” stocks are next up in 2025.

They’re trading for less than $5 right now.

But thanks to Elon & Trump’s new alliance…

They could be off to the races in Trump’s first 100 days.

And right now for a limited time…

You can get the names & tickers for just $1 here. (AD)

10 Stock Picks FREE
 
 

Featured Articles from Trusted Partners:

🚀 One Stock Pick Could Change Everything in 2025
What if one stock pick could define your success next year? Get 10 expert-vetted stocks set for 2025—plus 5 bonus picks to watch now. Get the Report →

🆕 New Options Need New Trading Strategies
Zero-DTE options are the newest (and hottest) options to trade.  Professional traders have rushed into the market and are making a mint.  Don’t get left behind - learn all about these options, how to trade them, market setups to profit from, plus much more. Download now →

👀 Revealed: 3 Defensive Stocks for Your Portfolio
Worried about the market? This free report reveals 3 under-the-radar defensive stocks for uncertain times in any kind of economy.

 

 
 

FREE Report Download

 

Follow us on X, Follow us on Twitter