Mixed options sentiment in Exxon Mobil with shares up 0.71%

Mixed options sentiment in Exxon Mobil (XOM), with shares up $1.09, or 0.71%, near $154.78. Options volume relatively light with 31k contracts traded and calls leading puts for a put/call ratio of 0.48, compared to a typical level near 0.48. Implied volatility (IV30) dropped 0.78 near 30.11,in the top quartile of the past year, suggesting an expected daily move of $2.94. Put-call skew steepened, indicating increased demand for downside protection.