Options Trades

New ‘Skimming’ TradesThe refiner Marathon Petroleum (NYSE: MPC) is an attractive short-term bet again (more on that below.) MPC Nov. 18 $45 calls were recently offered at $1.30; buy below $1.70.MPC Jan. 20 $40 calls were recently offered at $5.60; buy below $6.We may update these trades following tomorrow morning’s quarterly results.We’re… Read More