MARA Options Are Pricing a $1.47 Move Into September 25 — But the Call Wall Sits Below Spot

MARA Holdings — ticker MARA. It's September 20, 2026, and the stock closed Friday at $13.24. Here's the call up front: options traders are pricing this neutral. They're charging for a swing of about $1.47 in either direction into the September 25 expiration — that works out to a range between $11.77 and $14.71. And the whole read breaks if MARA closes below $12.42. Hang onto that number — it's…

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