Bullish option flow detected in Marathon Petroleum with 8,692 calls trading, 5x expected, and implied vol increasing almost 3 points to 34.78%. Oct-24 185 calls and Dec-24 170 calls are the most active options, with total volume in those strikes near 1,900 contracts. The Put/Call Ratio is 0.58. Earnings are expected on November 5th.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on MPC:
- Marathon Petroleum price target lowered to $172 from $186 at JPMorgan
- Marathon Petroleum price target lowered to $145 from $168 at Piper Sandler
- Marathon Petroleum price target lowered to $182 from $196 at Morgan Stanley
- Marathon Petroleum price target lowered to $193 from $198 at Mizuho
- Marathon Petroleum price target lowered to $189 from $213 at UBS