Mixed options sentiment in Exxon Mobil (XOM), with shares up $1.47, or 0.94%, near $157.59. Options volume relatively light with 32k contracts traded and calls leading puts for a put/call ratio of 0.45, compared to a typical level near 0.61. Implied volatility (IV30) dropped 1.18 near 30.4,in the top quartile of the past year, suggesting an expected daily move of $3.02. Put-call skew steepened, indicating increased demand for downside protection.
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