Marathon Oil (MRO), has broken down trend lines ( 2 black dotted lines), and the average options trading volume is 10X above average, most active option contracts are :
30 October 2020 strike 4.5$
15 January 2021 strike 6$.
The stock could reach 6.19$, but have to clear the 4.35$ , 4.86$ hurdles before that.
Buying at market price with a 10% stop from entry level.
30 October 2020 strike 4.5$
15 January 2021 strike 6$.
The stock could reach 6.19$, but have to clear the 4.35$ , 4.86$ hurdles before that.
Buying at market price with a 10% stop from entry level.
Trade closed: stop reached