Marathon Petroleum call volume above normal and directionally bullish
The Fly

Marathon Petroleum call volume above normal and directionally bullish

Bullish option flow detected in Marathon Petroleum with 5,086 calls trading, 1.8x expected, and implied vol increasing almost 2 points to 27.83%. Oct-23 170 calls and 9/29 weekly 162.5 calls are the most active options, with total volume in those strikes near 1,700 contracts. The Put/Call Ratio is 0.60. Earnings are expected on October 31st.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

See today’s best-performing stocks on TipRanks >>

Read More on MPC:

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App