Moderately bullish activity in Exxon Mobil (XOM), with shares up $1.17, or 1.05%, near $112.22. Options volume relatively light with 48k contracts traded and calls leading puts for a put/call ratio of 0.45, compared to a typical level near 0.5. Implied volatility (IV30) is higher by 0.3 points near 22.9,and above the 52wk median, suggesting an expected daily move of $1.62. Put-call skew steepened, indicating increased demand for downside protection.
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