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Marathon Patent Group call volume above normal and directionally bullish

Bullish option flow detected in Marathon Patent Group with 60,951 calls trading, 1.1x expected, and implied vol increasing almost 4 points to 82.53%. 5/23 weekly 16.5 calls and 5/23 weekly 17 calls are the most active options, with total volume in those strikes near 12,000 contracts. The Put/Call Ratio is 0.20. Earnings are expected on July 31st.

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