Bearish flow noted in Exxon Mobil (XOM) with 24,199 puts trading, or 4x expected. Most active are Jun-25 110 puts and Jun-25 100 puts, with total volume in those strikes near 4,000 contracts. The Put/Call Ratio is 2.53, while ATM IV is up over 4 points on the day. Earnings are expected on April 25th.
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