50000 MPC Jan 50/60 Apr 50/60 call spreads went up in 4 blocks on the PHLX
Shares of Marathon Petroleum Corp (MPC) are down 1.06 to 43.20 today. MPC is in near the middle of the 52 week range.
- Paper traded 50000 Jan 50/60 Apr 50/60 call spreads for .40 and 1.10. ?
- ADV is 4830.?
- The OI is 90k on the Jan call spreads and less than 500 contracts for the Apr call spreads.?
The volume went up in 4 blocks on the PHLX marked spread.? ?As priced the customer looks like they bought to close the Jan and sold to open the Apr.? 81k+ spreads traded total.? A block of 20000 Apr 45s traded marked buy write that does not appear to be tied with the spreads but all the activity is consistent with large buy writers.
- IV 30 is trading for 36%.?
- HV10 is trading for 16%.?
- IV 30 is above the HV 10.
Marathon Petroleum Corporation is engaged in petroleum product refining, marketing, retail and transportation businesses in the United States and the east of the Mississippi. The Company’s segments include Refining & Marketing, Speedway, and Midstream.