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Marathon Oil call volume above normal and directionally bullish

Bullish option flow detected in Marathon Oil with 1,915 calls trading, 1.1x expected, and implied vol increasing almost 4 points to 28.16%. Jul-24 29 calls and Aug-24 30 calls are the most active options, with total volume in those strikes near 650 contracts. The Put/Call Ratio is 0.14. Earnings are expected on August 7th.

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