Decoding Exxon Mobil's Options Activity: What's the Big Picture?
Portfolio Pulse from Benzinga Insights
Financial giants have shown a bearish sentiment towards Exxon Mobil (NYSE:XOM) through options trading, with 50% of trades being bearish. The stock is currently trading at $115.59, up by 2.05%, and analysts have mixed ratings with target prices ranging from $135 to $154.
July 15, 2024 | 8:01 pm
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NEUTRAL IMPACT
Exxon Mobil has seen a significant amount of bearish options trading, with 50% of trades being bearish. The stock is currently trading at $115.59, up by 2.05%. Analysts have mixed ratings with target prices ranging from $135 to $154.
The mixed sentiment in options trading, with a slight majority being bearish, suggests uncertainty in the short-term price movement of Exxon Mobil. The current price increase and mixed analyst ratings further indicate a neutral short-term outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100