Exxon Mobil Unusual Options Activity For November 06
Portfolio Pulse from Benzinga Insights
Exxon Mobil (NYSE:XOM) has seen unusual options activity, with a majority of investors taking a bearish stance. The trades include 4 puts and 6 calls, with a total amount of $215,440 and $359,539 respectively. The price target range for Exxon Mobil over the last 3 months has been $100.0 to $110.0. The current price of XOM is up 0.3% at $108.1. Several experts have given their ratings and price targets, with Bernstein and RBC Capital downgrading their actions, while Jefferies, JP Morgan, and Truist Securities maintain or upgrade their ratings.
November 06, 2023 | 4:45 pm
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Exxon Mobil has seen unusual options activity, with a majority of investors taking a bearish stance. The price target range for the last 3 months has been $100.0 to $110.0. The current price of XOM is up 0.3% at $108.1. Several experts have given their ratings and price targets.
The unusual options activity indicates that investors are taking a bearish stance on Exxon Mobil, which could potentially impact the stock price. However, the current price is up and several experts have given positive ratings and price targets, which could counteract the bearish sentiment. Therefore, the short term impact is neutral.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100