Bullish option flow detected in Marathon Oil with 8,376 calls trading, 1.7x expected, and implied vol increasing almost 2 points to 24.64%. May-24 27 puts and 4/5 weekly 28 calls are the most active options, with total volume in those strikes near 2,500 contracts. The Put/Call Ratio is 0.50. Earnings are expected on May 8th.
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