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Marathon Patent Group call volume above normal and directionally bullish

Bullish option flow detected in Marathon Patent Group with 116,985 calls trading, 1.3x expected, and implied vol increasing over 9 points to 104.93%. 5/24 weekly 20 calls and 5/24 weekly 21 calls are the most active options, with total volume in those strikes near 20,800 contracts. The Put/Call Ratio is 0.29. Earnings are expected on August 6th.

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