Moderately bullish activity in Exxon Mobil (XOM), with shares up 38c, or 0.36%, near $108.72. Options volume roughly in line with average with 62k contracts traded and calls leading puts for a put/call ratio of 0.22, compared to a typical level near 0.67. Implied volatility (IV30) is higher by 1.9 points near 23.02,and above the 52wk median, suggesting an expected daily move of $1.58. Put-call skew flattened, suggesting a modestly bullish tone.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on XOM:
- M&A News: British Petroleum (BP) in Talks To Be Acquired by Shell
- Shell in talks to buy rival BP, WSJ reports
- XOM vs. CVX vs. COP: Which Oil Stock Is Wall Street’s Best Pick in this Volatile Market?
- CVX, XOM, SHEL: Oil Prices Crash 6% as Israel-Iran Ceasefire Takes Hold
- Trump Trade: Trump slams Powell while Fed chair appears before Congress