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emperius
Sep 29, 2020 7:46 PM

MRO Call $7 @ 0.14¢ Long

Marathon Oil CorporationNYSE

Description

Adding to existing call orders to MRO for January 2021 expiration.

Comment

A technical observation: Weekly CCI (purple), and the Daily CCI (orange) are in alignment to indicate a potential price increase. The Daily CCI is diverging as well when taking into account the bottom trough of around the middle of September. A high confidence trade.

Comment

Sold 1/3 of open contracts.
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