Exxon Mobil's Options: A Look at What the Big Money is Thinking
Portfolio Pulse from Benzinga Insights
Financial giants have made a bearish move on Exxon Mobil (NYSE:XOM) with 70% of options trades showing bearish tendencies. Significant options trades include both puts and calls, with a price window from $105.0 to $119.0. Currently, XOM is trading at $113.15, up by 2.16%.
June 24, 2024 | 3:01 pm
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Exxon Mobil (NYSE:XOM) has seen a significant bearish sentiment from financial giants, with 70% of options trades being bearish. The stock is currently trading at $113.15, up by 2.16%.
The majority of options trades (70%) are bearish, indicating that financial giants expect a potential decline in Exxon Mobil's stock price. Despite the current price increase, the bearish sentiment could lead to downward pressure on the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100