Mixed options sentiment in Exxon Mobil (XOM), with shares down $1.26 near $117.56. Options volume relatively light with 45k contracts traded and calls leading puts for a put/call ratio of 0.41, compared to a typical level near 0.58. Implied volatility (IV30) is higher by 0.2 points near 19.11,in the lowest 10% of observations over the past year, suggesting an expected daily move of $1.42. Put-call skew flattened, suggesting a modestly bullish tone, following an upgrade to Neutral at BNPP.
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