Bullish option flow detected in Marathon Oil with 1,915 calls trading, 1.1x expected, and implied vol increasing almost 4 points to 28.16%. Jul-24 29 calls and Aug-24 30 calls are the most active options, with total volume in those strikes near 650 contracts. The Put/Call Ratio is 0.14. Earnings are expected on August 7th.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on MRO:
- Marathon Oil downgraded to Neutral from Overweight at JPMorgan
- Tesla downgraded, Booking Holdings upgraded: Wall Street’s top analyst calls
- Marathon Oil price target raised to $36 from $33 at RBC Capital
- Marathon Oil downgraded on pending takeover at Scotiabank
- Marathon Oil downgraded to Sector Perform from Outperform at Scotiabank