Moderately bullish activity in Exxon Mobil (XOM), with shares up 56c, or 0.37%, near $151.32. Options volume running well above average with 74k contracts traded and calls leading puts for a put/call ratio of 0.27, compared to a typical level near 0.65. Implied volatility (IV30) is higher by 2.0 points near 33.52, in the highest 10% of observations over the past year, suggesting an expected daily move of $3.20. Put-call skew flattened, suggesting a modestly bullish tone.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on XOM:
- Bank of America (BAC) Is Telling Investors to Sell Oil Stocks as Crude Prices Soar. Here’s Why
- Sable Offshore Stock (SOC) Soars 37% as U.S. Weighs Drilling Rule Override — What’s Next?
- DGRO vs. HDV: Which BlackRock iShares Dividend ETF Pays More Income?
- Morgan Stanley Says Rising Oil Risk Won’t Derail US Stocks
- Moderately bullish activity in Exxon Mobil with shares up 0.31%