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Marathon Oil call volume above normal and directionally bullish
The Fly

Marathon Oil call volume above normal and directionally bullish

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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