Bearish flow noted in Marathon Petroleum with 1,403 puts trading, or 1.4x expected. Most active are Feb-25 175 puts and 9/6 weekly 172.5 puts, with total volume in those strikes near 880 contracts. The Put/Call Ratio is 1.69, while ATM IV is up nearly 2 points on the day. Earnings are expected on November 5th.
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Read More on MPC:
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