$MPC Breakout Opportunity Lång

Marathon Petroleum CorporationNYSE

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⋅ 29 jun 2019 02:32

MPC is bucking the oil-down trend and has broken out above prior resistance (cyan line). Now, MPC may run up into earnings on 7/25 to about 60. A standard vertical call spread is a great way to play that chance without taking much risk at all.

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