Moderately bullish activity in Marathon Patent Group with shares up 0.54%

Moderately bullish activity in Marathon Patent Group (MARA), with shares up 10c, or 0.54%, near $19.61. Options volume relatively light with 120k contracts traded and calls leading puts for a put/call ratio of 0.27, compared to a typical level near 0.38. Implied volatility (IV30) dropped 1.93 near 74.15,in the lowest 10% of observations over the past year, suggesting an expected daily move of $0.92. Put-call skew flattened, suggesting a modestly bullish tone.Looking ahead: Marathon Patent Group (MARA) will report earnings after the close on 2025-07-31.Option markets are pricing in a 50% probability of a move greater than 7.7% or $1.51.