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Potential Marathon Petroleum (MPC) Trade Targets 3.65% Return

Mar 08, 2018 ( via COMTEX) --

The patented option-trade picking algorithms that power's Artificial Intelligence Center are highlighting two trades on Marathon Petroleum (<a href="">MPC</a>) today after it closed at $67.68 on Mar 7, 2018. For more conservative investors, look at a covered call using the Apr 20, 2018 $67.50 call for a net debit of about $65.12. This trade will return 3.65% (31.02% annualized, for comparison purposes only) as long as the stock closes above $67.50 at expiration. Marathon PetroleumAcan fall 3.78% before causing a problem. For investors with a higher appetite for risk, consider a diagonal spread with a Jan 18, 2019 $35 call taking the place of the long stock position and the same short position in the Apr 20, 2018 $67.50 call. This trade only costs about $30.33 to get into and the rate of return increases to 7.11% (31.02% annualized, for comparison purposes only) but the downside protection falls to 3.45%.

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