Exxon Mobil's Options: A Look at What the Big Money is Thinking
Portfolio Pulse from Benzinga Insights
Deep-pocketed investors have adopted a bearish approach towards Exxon Mobil (NYSE:XOM), as revealed by Benzinga's options scanner. The scanner highlighted 17 extraordinary options activities, with 52% of the sentiment being bearish. The major market movers are focusing on a price band between $100.0 and $120.0 for Exxon Mobil. The current trading volume stands at 7,815,756, with XOM's price up by 1.49%, positioned at $115.86.
August 07, 2024 | 7:05 pm
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Deep-pocketed investors have adopted a bearish approach towards Exxon Mobil (NYSE:XOM), with 52% of the sentiment being bearish. The major market movers are focusing on a price band between $100.0 and $120.0 for Exxon Mobil.
The significant bearish sentiment among deep-pocketed investors, as revealed by Benzinga's options scanner, suggests a potential downward pressure on Exxon Mobil's stock price in the short term. The focus on a price band between $100.0 and $120.0 indicates that investors are preparing for potential declines.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100