Bearish flow noted in Marathon Patent Group with 54,077 puts trading, or 3x expected. Most active are Nov-22 9 puts and 11/11 weekly 9 puts, with total volume in those strikes near 17,300 contracts. The Put/Call Ratio is 1.92, while ATM IV is up over 9 points on the day. Earnings are expected on March 1st.
Published first on TheFly
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