Marathon Petroleum Unusual Options Activity
Portfolio Pulse from Benzinga Insights
Marathon Petroleum (NYSE:MPC) has seen unusual options activity with a significant bearish sentiment. Out of 24 trades, 22 were puts valued at $636,902, and 2 were calls valued at $84,825. Analysts have mixed ratings with price targets ranging from $185 to $231.
July 18, 2024 | 3:01 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Marathon Petroleum has experienced unusual options activity with a predominantly bearish sentiment. Analysts have mixed ratings with price targets ranging from $185 to $231.
The significant bearish sentiment in the options market, with 22 out of 24 trades being puts, suggests that investors are expecting a decline in MPC's stock price. Despite mixed analyst ratings, the short-term impact is likely negative.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100