Exxon Mobil Unusual Options Activity

Financial giants have made a conspicuous bearish move on Exxon Mobil. Our analysis of options history for Exxon Mobil XOM revealed 21 unusual trades.

Delving into the details, we found 38% of traders were bullish, while 42% showed bearish tendencies. Out of all the trades we spotted, 3 were puts, with a value of $108,412, and 18 were calls, valued at $989,955.

What's The Price Target?

After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $70.0 and $115.0 for Exxon Mobil, spanning the last three months.

Volume & Open Interest Trends

Examining the volume and open interest provides crucial insights into stock research. This information is key in gauging liquidity and interest levels for Exxon Mobil's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across Exxon Mobil's significant trades, within a strike price range of $70.0 to $115.0, over the past month.

Exxon Mobil Option Volume And Open Interest Over Last 30 Days

Options Call Chart

Significant Options Trades Detected:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Ask Bid Price Strike Price Total Trade Price Open Interest Volume
XOM CALL TRADE BULLISH 12/18/26 $40.0 $39.3 $39.73 $70.00 $198.6K 337 50
XOM CALL SWEEP NEUTRAL 01/10/25 $0.68 $0.56 $0.62 $111.00 $111.0K 613 1.8K
XOM CALL TRADE BEARISH 01/15/27 $15.75 $15.4 $15.5 $105.00 $77.5K 316 50
XOM CALL SWEEP BULLISH 01/17/25 $0.9 $0.85 $0.9 $111.00 $76.9K 404 941
XOM CALL TRADE BEARISH 01/03/25 $4.5 $3.55 $3.7 $105.00 $66.6K 557 15

About Exxon Mobil

ExxonMobil is an integrated oil and gas company that explores for, produces, and refines oil around the world. In 2023, it produced 2.4 million barrels of liquids and 7.7 billion cubic feet of natural gas per day. At the end of 2023, reserves were 16.9 billion barrels of oil equivalent, 66% of which were liquids. The company is one of the world's largest refiners with a total global refining capacity of 4.5 million barrels of oil per day and is one of the world's largest manufacturers of commodity and specialty chemicals.

After a thorough review of the options trading surrounding Exxon Mobil, we move to examine the company in more detail. This includes an assessment of its current market status and performance.

Present Market Standing of Exxon Mobil

  • Currently trading with a volume of 6,049,051, the XOM's price is down by -0.47%, now at $107.06.
  • RSI readings suggest the stock is currently may be oversold.
  • Anticipated earnings release is in 29 days.

What Analysts Are Saying About Exxon Mobil

In the last month, 5 experts released ratings on this stock with an average target price of $129.6.

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20-year pro options trader reveals his one-line chart technique that shows when to buy and sell. Copy his trades, which have had averaged a 27% profit every 20 days. Click here for access. * Reflecting concerns, an analyst from RBC Capital lowers its rating to Sector Perform with a new price target of $115. * Consistent in their evaluation, an analyst from JP Morgan keeps a Overweight rating on Exxon Mobil with a target price of $125. * An analyst from Mizuho persists with their Neutral rating on Exxon Mobil, maintaining a target price of $134. * An analyst from Piper Sandler persists with their Overweight rating on Exxon Mobil, maintaining a target price of $127. * An analyst from UBS persists with their Buy rating on Exxon Mobil, maintaining a target price of $147.

Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest Exxon Mobil options trades with real-time alerts from Benzinga Pro.

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