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Marathon Patent Group call volume above normal and directionally bullish

Bullish option flow detected in Marathon Patent Group with 86,492 calls trading, 1.1x expected, and implied vol increasing almost 11 points to 129.83%. 4/14 weekly 8.5 calls and 4/14 weekly 9 calls are the most active options, with total volume in those strikes near 20,300 contracts. The Put/Call Ratio is 0.49. Earnings are expected on May 4th.

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Published first on TheFly

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