Bullish option flow detected in MPLX with 3,861 calls trading, 1.8x expected, and implied vol increasing over 1 point to 17.68%. Sep-23 39 calls and Sep-23 40 calls are the most active options, with total volume in those strikes near 2,000 contracts. The Put/Call Ratio is 0.19. Earnings are expected on May 2nd.
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Published first on TheFly
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