Bullish option flow detected in Marathon Petroleum with 8,692 calls trading, 5x expected, and implied vol increasing almost 3 points to 34.78%. Oct-24 185 calls and Dec-24 170 calls are the most active options, with total volume in those strikes near 1,900 contracts. The Put/Call Ratio is 0.58. Earnings are expected on November 5th.
Pick the best stocks and maximize your portfolio:
- Discover top-rated stocks from highly ranked analysts with Analyst Top Stocks!
- Easily identify outperforming stocks and invest smarter with Top Smart Score Stocks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on MPC:
- Marathon Petroleum price target lowered to $172 from $186 at JPMorgan
- Marathon Petroleum price target lowered to $145 from $168 at Piper Sandler
- Marathon Petroleum price target lowered to $182 from $196 at Morgan Stanley
- Marathon Petroleum price target lowered to $193 from $198 at Mizuho
- Marathon Petroleum price target lowered to $189 from $213 at UBS