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Marathon Patent Group call volume above normal and directionally bullish

Bullish option flow detected in Marathon Patent Group with 33,919 calls trading, 1.3x expected, and implied vol increasing over 2 points to 102.39%. Dec-23 12 calls and 8/11 weekly 16 calls are the most active options, with total volume in those strikes near 14,800 contracts. The Put/Call Ratio is 0.28. Earnings are expected on August 8th.

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