Bullish option flow detected in Marathon Oil with 5,915 calls trading, 1.0x expected, and implied vol increasing over 2 points to 48.87%. 12/2 weekly 31 calls and 12/2 weekly 29.5 calls are the most active options, with total volume in those strikes near 1,600 contracts. The Put/Call Ratio is 0.41. Earnings are expected on February 15th.
Published first on TheFly
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