Looking At Exxon Mobil's Recent Unusual Options Activity
Portfolio Pulse from Benzinga Insights
A significant investor has taken a bullish stance on Exxon Mobil (NYSE:XOM), with 58% of recent trades being bullish and 41% bearish. The total amount for puts was $184,896 and for calls was $771,488. The targeted price range for Exxon Mobil over the last 3 months has been $90.0 to $125.0. The current price of XOM is up 0.98% at $108.3. Piper Sandler maintains an Overweight rating on Exxon Mobil with a price target of $127.

July 03, 2023 | 4:03 pm
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Exxon Mobil has seen a bullish stance from investors with a targeted price range of $90.0 to $125.0 over the last 3 months. The current price is up 0.98% at $108.3. Piper Sandler maintains an Overweight rating with a price target of $127.
The bullish stance from investors and the Overweight rating from Piper Sandler indicate a positive outlook for Exxon Mobil. The targeted price range also suggests potential for growth. The current price increase further supports this positive outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100