The Options Insider

MPC Calls & Stock Print

by | Oct 28, 2016 | Unusual Activity

20000 MPC Dec 45 calls went up in 1 block on the PHLX marked buy write

MPC

Shares of Marathon Petroleum Corp (MPC) are down .55 to 42.27 today. MPC is in near the middle of the 52 week range.

  • Paper traded 20000 MPC Dec 45 calls for 1.15. ?
  • ADV is 10559?
  • The OI is 10520.

The volume went up in 1 block on the PHLX marked buy write.? ?A block of stock with 627k shares went up roughly delta neutral.? The trader is looking for a big move in MPC in the short term.? This is the 3rd day in a row for MPC hitting UA.? Threre is lots of call and stock activity.

  • IV 30 is trading for 36%.?
  • HV10 is trading for 25%.?
  • 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.