Notable Call Options Activity in Marathon Petroleum

Shares of Marathon Petroleum MPC are lower on the session by 5.57%, currently trading at $27.36. The stock has been moving largely lower over the past three months and is currently trading below the 50-day moving average. Options traders are focusing on calls today. A short while ago the November 2011 $30.00 call traded 2,500 times on open interest of 142 contracts. Calls are outpacing puts today by 31 to 1. Marathon Petroleum Corporation is a petroleum product refiners, transporters and marketers in the United States. The company's refining, marketing and transportation operations are concentrated in the Midwest, Gulf Coast and Southeast regions of the United States.