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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 13,136 calls trading, 1.2x expected, and implied vol increasing almost 4 points to 53.50%. Jan-24 22 calls and Sep-23 25 calls are the most active options, with total volume in those strikes near 4,700 contracts. The Put/Call Ratio is 0.42. Earnings are expected on May 3rd.

Published first on TheFly

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