Marathon Petroleum Unusual Options Activity
Portfolio Pulse from Benzinga Insights
A significant bullish stance has been taken on Marathon Petroleum (NYSE:MPC) by a large investor, as indicated by unusual options activity. The sentiment among these big-money traders is split between 63% bullish and 36% bearish. The whales have been targeting a price range from $125.0 to $170.0 for Marathon Petroleum over the last 3 months. The price of MPC is up 1.73% at $155.06. Analysts from Mizuho, B of A Securities, Wells Fargo, and Raymond James have maintained their ratings on Marathon Petroleum.
September 28, 2023 | 4:18 pm
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Marathon Petroleum (NYSE:MPC) has seen unusual options activity indicating a significant bullish stance by a large investor. The stock price is up 1.73% at $155.06.
The unusual options activity indicates that a large investor is taking a bullish stance on Marathon Petroleum. This could potentially drive the stock price up in the short term. The stock price is already up 1.73% at $155.06, which further supports the bullish sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100