Exxon Mobil Unusual Options Activity For October 10
Portfolio Pulse from Benzinga Insights
Exxon Mobil (NYSE:XOM) has seen unusual options activity, with a significant number of bearish trades. Of the 32 strange trades detected, 56% were bearish and 43% bullish. The total amount for the 8 puts was $345,345 and for the 24 calls was $1,024,179. Whales have been targeting a price range from $105.0 to $125.0 for Exxon Mobil over the last 3 months. The company's stock price is currently up 0.07% at $111.0. Major financial institutions have maintained their positive ratings on Exxon Mobil, with price targets ranging from $120 to $143.
October 10, 2023 | 4:15 pm
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Exxon Mobil has seen unusual options activity, with a significant number of bearish trades. The stock price is currently up 0.07% at $111.0. Major financial institutions have maintained their positive ratings on Exxon Mobil, with price targets ranging from $120 to $143.
The unusual options activity, particularly the bearish trades, could indicate investor uncertainty about Exxon Mobil's future performance. However, the stock price is currently up and major financial institutions have maintained their positive ratings on the company, suggesting a potentially stable short-term outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100