Moderately bullish activity in Exxon Mobil with shares down 3.28%

Moderately bullish activity in Exxon Mobil (XOM), with shares down $5.33 near $157.22. Options volume relatively light with 62k contracts traded and calls leading puts for a put/call ratio of 0.75, compared to a typical level near 0.48. Implied volatility (IV30) is higher by 0.5 points near 31.27,in the top quartile of the past year, suggesting an expected daily move of $3.10. Put-call skew flattened, suggesting a modestly bullish tone.