Market Overview

Notable Put Options Activity in Marathon Petroleum

Shares of Marathon Petroleum (NYSE: MPC) are lower on the session by 1.60%, currently trading at $43.37. The stock has been moving largely higher over the past six weeks and is currently trading above the 50-day moving average.

Options traders are focusing on puts today. The strike seeing the heaviest action is the April 2012 $40.00 put, which has traded 5,575 times on open interest of 172 contracts.

Put volume is outpacing call volume by 24 to 1.

Marathon Petroleum Corporation is a petroleum product refiners, transporters and marketers in the United States.

Posted-In: Options Markets

 

Related Articles (MPC)

Around the Web, We're Loving...

Partner Network

Get Benzinga's Newsletters

Benzinga Professional