This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Marathon Oil's (NYSE:MRO) short percent of float has risen 4.3% since its last report. The company recently reported that it has 22.54 million shares sold short, which is 4.12% of all regular shares that are available for trading.
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Someone with a lot of money to spend has taken a bullish stance on Marathon Oil (NYSE:MRO).
And retail traders should know.
We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.
Marathon Oil (NYSE:MRO) reported quarterly earnings of $1.24 per share which beat the analyst consensus estimate of $1.19 by 4.2 percent. This is a 217.95 percent increase over earnings of $0.39 per share from the same
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