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Marathon Petroleum call volume above normal and directionally bullish
The Fly

Marathon Petroleum call volume above normal and directionally bullish

Bullish option flow detected in Marathon Petroleum with 5,086 calls trading, 1.8x expected, and implied vol increasing almost 2 points to 27.83%. Oct-23 170 calls and 9/29 weekly 162.5 calls are the most active options, with total volume in those strikes near 1,700 contracts. The Put/Call Ratio is 0.60. Earnings are expected on October 31st.

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