Moderately bullish activity in Mara Holdings with shares up 4.21%

Moderately bullish activity in Mara Holdings (MARA), with shares up 55c, or 4.21%, near $13.48. Options volume roughly in line with average with 131k contracts traded and calls leading puts for a put/call ratio of 0.27, compared to a typical level near 0.33. Implied volatility (IV30) is higher by 4.1 points near 89.89,and above the 52wk median, suggesting an expected daily move of $0.76. Put-call skew steepened, indicating increased demand for downside protection.The company will report earnings after the close today. Option markets are pricing in a 50% probability of a move greater than 10.42% or $1.40.