Exxon Mobil Unusual Options Activity For August 11
Portfolio Pulse from Benzinga Insights
A significant amount of unusual options activity has been observed for Exxon Mobil (NYSE:XOM), with a majority of investors taking a bullish stance. The trades include 4 puts amounting to $179,470 and 13 calls amounting to $525,571. Whales have been targeting a price range from $100.0 to $135.0 for Exxon Mobil over the last 3 months. The current price of XOM is up 1.09% at $111.33. Analysts from Morgan Stanley, RBC Capital, and Truist Securities have given price targets of $121, $125, and $110 respectively.

August 11, 2023 | 2:46 pm
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Exxon Mobil has seen unusual options activity, with a majority of investors bullish. The current price is up 1.09% at $111.33. Analysts have given varied price targets.
The unusual options activity, majority of which is bullish, indicates a positive sentiment towards Exxon Mobil. This, coupled with the current price increase and varied analyst price targets, suggests a potential short-term positive impact on the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100