I’ll spare you the suspense — we’re getting long Marathon Petroleum $MPC here.
The title of today’s post is not a trite pun. We are indeed positioning for a bullish move, but it may take a little bit to develop the way we want it to.
Thankfully, the beauty of options trading is that we can craft a strategy that takes advantage of a slow-developing play. So let’s get right to it. [Read more…]