Bearish flow noted in Marathon Oil with 2,032 puts trading, or 1.9x expected. Most active are 12/1 weekly 25 calls and 12/1 weekly 24.5 puts, with total volume in those strikes near 4,300 contracts. The Put/Call Ratio is 2.54, while ATM IV is up over 3 points on the day. Earnings are expected on February 14th.
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