Mixed options sentiment in Exxon Mobil (XOM), with shares down $1.69 near $112.53. Options volume roughly in line with average with 41k contracts traded and calls leading puts for a put/call ratio of 0.54, compared to a typical level near 0.61. Implied volatility (IV30) is higher by 1.0 points near 22.47,and above the 52wk median, suggesting an expected daily move of $1.59. Put-call skew flattened, suggesting a modestly bullish tone.
Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on XOM:
- Morning News Wrap-Up: Tuesday’s Biggest Stock Market Stories!
- CVX, OXY, FANG: Oil Stocks Fall on Reports OPEC+ Plans Another Production Increase
- Exxon Mobil Stock (XOM) Slides as it Axes Thousands of Jobs in Cost-Cutting Drive
- Exxon Mobil to cut 2,000 jobs globally, Bloomberg reports
- Imperial Oil to cut 20% of workforce in restructuring, says guidance ‘unchanged’
