Option traders moderately bearish in Exxon Mobil (XOM), with shares down 55c near $111.44. Options volume roughly in line with average with 63k contracts traded and calls leading puts for a put/call ratio of 0.43, compared to a typical level near 0.6. Implied volatility (IV30) is higher by 0.8 points near 23.62,and above the 52wk median, suggesting an expected daily move of $1.66. Put-call skew steepened, indicating increased demand for downside protection.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on XOM:
- Looking Slick: Are Energy Stocks Too Cheap to Avoid?
- Closing Bell Movers: Nike rallies 4% after earnings beat and guidance
- Trump announces lumber tariffs, Exxon Mobil to cut 2,000 jobs: Morning Buzz
- Mixed options sentiment in Exxon Mobil with shares down 1.48%
- Morning News Wrap-Up: Tuesday’s Biggest Stock Market Stories!