Check Out What Whales Are Doing With XOM
Portfolio Pulse from Benzinga Insights
A significant bearish stance has been taken on Exxon Mobil (NYSE:XOM) by a large investor or institution, as indicated by a large position in the company's options. The overall sentiment of these big-money traders is split between 33% bullish and 66% bearish. The whales have been targeting a price range from $77.5 to $145.0 for Exxon Mobil over the last 3 months. The price of XOM is currently down -3.32% at $101.06.
July 14, 2023 | 6:17 pm
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A large investor has taken a bearish stance on Exxon Mobil, with a significant position in options. This could indicate anticipation of a price drop.
The large options position taken by a big investor or institution indicates a bearish stance on Exxon Mobil. This could mean that they anticipate a drop in the company's stock price. The overall sentiment among these big-money traders is more bearish than bullish, which could further impact the stock price negatively in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100