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Moderately bullish activity in Marathon Patent Group with shares down 6.88%

Moderately bullish activity in Marathon Patent Group (MARA), with shares down $1.22 near $16.45. Options volume roughly in line with average with 262k contracts traded and calls leading puts for a put/call ratio of 0.45, compared to a typical level near 0.39. Implied volatility (IV30) is higher by 2.7 points near 75.04,in the lowest 10% of observations over the past year, suggesting an expected daily move of $0.78. Put-call skew flattened, suggesting a modestly bullish tone.

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