Mixed options sentiment in Exxon Mobil (XOM), with shares down $1.60 near $144.98. Options volume roughly in line with average with 57k contracts traded and calls leading puts for a put/call ratio of 0.65, compared to a typical level near 0.47. Implied volatility (IV30) dropped 0.73 near 27.79,in the top quartile of the past year, suggesting an expected daily move of $2.54. Put-call skew steepened, indicating increased demand for downside protection.
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