Benzinga's options scanner just detected over 11 options trades for Exxon Mobil XOM summing a total amount of $862,646.
At the same time, our algo caught 3 for a total amount of 244,451.
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 $140.0 for Exxon Mobil over the last 3 months.
Volume & Open Interest Development
In terms of liquidity and interest, the mean open interest for Exxon Mobil options trades today is 9403.0 with a total volume of 3,780.00.
In the following chart, we are able to follow the development of volume and open interest of call and put options for Exxon Mobil's big money trades within a strike price range of $100.0 to $140.0 over 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 | CALL | SWEEP | BEARISH | 06/21/24 | $100.00 | $336.0K | 3.3K | 160 |
| XOM | CALL | SWEEP | BULLISH | 01/19/24 | $115.00 | $187.2K | 22.6K | 565 |
| XOM | PUT | SWEEP | BULLISH | 01/19/24 | $110.00 | $185.0K | 15.0K | 510 |
| XOM | CALL | SWEEP | BULLISH | 01/19/24 | $115.00 | $164.6K | 22.6K | 376 |
| XOM | CALL | SWEEP | BULLISH | 01/19/24 | $115.00 | $135.0K | 22.6K | 376 |
Where Is Exxon Mobil Standing Right Now?
- With a volume of 3,407,976, the price of XOM is down -0.36% at $115.81.
- RSI indicators hint that the underlying stock may be approaching overbought.
- Next earnings are expected to be released in 31 days.
What The Experts Say On Exxon Mobil:
- Wells Fargo has decided to maintain their Overweight rating on Exxon Mobil, which currently sits at a price target of $130.
- 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 has decided to maintain their Buy rating on Exxon Mobil, which currently sits at a price target of $139.
- Morgan Stanley has decided to maintain their Overweight rating on Exxon Mobil, which currently sits at a price target of $131.
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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