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Overview:

The following is an options idea for Marathon Petroleum Company (MPC)

SELL 12 APRIL 60.5 STRIKE @ 1.55

This is a company I do not mind owning and am actually selling 2 contracts which if delivered I intend on keeping 100 shares of the company and selling calls on the other 100.

Let me add to this, that if you are accumulating shares outright, this is not a bad area to add to your position.  Anywhere under $60 I would be buying some stock here.

 

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