Moderately bullish activity in Exxon Mobil with shares up 1.3%

Moderately bullish activity in Exxon Mobil (XOM), with shares up $2.12, or 1.3%, near $165.38. Options volume relatively light with 63k contracts traded and calls leading puts for a put/call ratio of 0.6, compared to a typical level near 0.55. Implied volatility (IV30) is higher by 2.3 points near 32.0, in the highest 10% of observations over the past year, suggesting an expected daily move of $3.33. Put-call skew flattened, suggesting a modestly bullish tone.