Exxon Mobil's Options: A Look at What the Big Money is Thinking
Portfolio Pulse from Benzinga Insights
Exxon Mobil (NYSE:XOM) has seen significant bullish options activity, with 62% of trades being bullish. The options trades suggest a price range of $109 to $140 over the next three months. The stock is currently trading at $114.62, with a neutral RSI. An analyst from UBS maintains a Buy rating with a target price of $157.
September 05, 2024 | 2:20 pm
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POSITIVE IMPACT
Exxon Mobil has experienced significant bullish options activity, indicating investor confidence in a price range of $109 to $140. The stock is currently trading at $114.62, with a Buy rating from UBS and a target price of $157.
The significant bullish options activity suggests that investors expect Exxon Mobil's stock price to rise. The current trading price of $114.62 is within the predicted range of $109 to $140, and the UBS Buy rating with a $157 target further supports a positive outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100