Exxon Mobil Unusual Options Activity For September 06
Portfolio Pulse from Benzinga Insights
Exxon Mobil (NYSE:XOM) has seen unusual options activity, with a significant number of bullish trades. Of the 12 strange trades detected, 58% were bullish and 41% bearish. The total amount for puts was $86,475 and for calls was $476,530. Whales have been targeting a price range from $110.0 to $130.0 for Exxon Mobil over the last 3 months. The current price of XOM is up 0.7% at $114.32. Analysts from Morgan Stanley, Redburn Partners, Mizuho, and UBS have maintained their ratings on Exxon Mobil with price targets ranging from $105 to $139.
September 06, 2023 | 7:31 pm
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Exxon Mobil has seen unusual options activity, indicating a bullish stance by a significant number of investors. The current price of XOM is up 0.7% at $114.32. Analysts have maintained their ratings on Exxon Mobil with price targets ranging from $105 to $139.
The unusual options activity, with a majority being bullish, indicates a positive sentiment towards Exxon Mobil. This, coupled with the current price increase and the maintained ratings from analysts, suggests a potential short-term positive impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100