Check Out What Whales Are Doing With MPC
Portfolio Pulse from Benzinga Insights
A large investor has taken a bearish stance on Marathon Petroleum (NYSE:MPC), as evidenced by a significant position in options. The overall sentiment of these big-money traders is 30% bullish and 70% bearish. The whales have been targeting a price range from $95.0 to $145.0 for Marathon Petroleum over the last 3 months. The price of MPC is currently down -0.37% at $142.61.
August 31, 2023 | 6:46 pm
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A large investor has taken a bearish stance on Marathon Petroleum, indicating a potential downward trend in the short term.
The bearish stance taken by a large investor, as evidenced by a significant position in options, indicates a potential downward trend for Marathon Petroleum in the short term. This is further supported by the overall sentiment of big-money traders, which is 70% bearish.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100