Quantchabot has detected a new Bull Call Spread trade opportunity for MARATHON PETROLEUM (MPC) for the 16-Oct-2026 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.
MPC was recently trading at $366.91 and has an implied volatility of 42.30% for this period. Based on an analysis of the options available for MPC expiring on 16-Oct-2026, there is a 34.17% likelihood that the underlying will close within the analyzed range of $368.86-$431.19 at expiration. In this scenario, the average linear return for the trade would be 10.72%.
52 week high: MARATHON PETROLEUM recently reached a new 52-week high at $368.00. MPC had traded in the range $161.93-$367.60 over the past year.
Trade approach: Reaching a new 52-week high is a bullish indicator, so this trade is designed to be profitable if MPC maintains its current direction and does not revert back to pricing on the bearish side of $366.91 on 16-Oct-2026. If possible, the trade has been padded such that slight movement against the trade would still return a profit.
Upside potential: Using this bullish strategy, the trade would be profitable if MARATHON PETROLEUM closes at or above $352.70 on 16-Oct-2026. Based on our risk-neutral analysis, there is a 61.30% likelihood of this return.
Downside risk: As with any options trade, there is a substantial downside risk where you may lose most or all of your investment.
To analyze this trade in depth, please visit the Quantcha Options Search Engine.
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