Benzinga's options scanner just detected over 18 options trades for Exxon Mobil XOM summing a total amount of $716,031.
At the same time, our algo caught 13 for a total amount of 611,055.
What's The Price Target?
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $100.0 to $135.0 for Exxon Mobil over the last 3 months.
Volume & Open Interest Development
Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.
This data can help you track the liquidity and interest for Exxon Mobil's options for a given strike price.
Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Exxon Mobil's whale activity within a strike price range from $100.0 to $135.0 in the last 30 days.
Exxon Mobil Option Volume And Open Interest Over Last 30 Days
Biggest Options Spotted:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|
| XOM | PUT | SWEEP | BULLISH | 12/15/23 | $135.00 | $103.8K | 1.2K | 488 |
| XOM | PUT | SWEEP | BULLISH | 01/19/24 | $135.00 | $72.7K | 637 | 224 |
| XOM | CALL | TRADE | BULLISH | 06/21/24 | $100.00 | $58.8K | 3.3K | 31 |
| XOM | CALL | SWEEP | BULLISH | 10/06/23 | $117.00 | $48.9K | 2.2K | 542 |
| XOM | PUT | SWEEP | BULLISH | 12/15/23 | $135.00 | $48.0K | 1.2K | 636 |
Where Is Exxon Mobil Standing Right Now?
- With a volume of 3,871,335, the price of XOM is up 0.95% at $116.03.
- RSI indicators hint that the underlying stock may be approaching overbought.
- Next earnings are expected to be released in 32 days.
What The Experts Say On Exxon Mobil:
- Mizuho has decided to maintain their Buy rating on Exxon Mobil, which currently sits at a price target of $139.
- RBC Capital downgraded its action to Sector Perform with a price target of $120
- Morgan Stanley has decided to maintain their Overweight rating on Exxon Mobil, which currently sits at a price target of $131.
- Redburn Partners upgraded its action to Neutral with a price target of $105
- Mizuho downgraded its action to Buy with a price target of $139
Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.
If you want to stay updated on the latest options trades for Exxon Mobil, Benzinga Pro gives you real-time options trades alerts.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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