What the Options Market Tells Us About Exxon Mobil
Portfolio Pulse from Benzinga Insights
The options market shows a bullish sentiment towards Exxon Mobil (XOM), with 53% of trades being bullish. The price range focus is between $110 and $120. Analysts maintain positive ratings with target prices up to $149. XOM's stock is currently at $116.58, with a slight increase.
September 30, 2024 | 3:30 pm
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Exxon Mobil's options market shows a bullish sentiment with 53% of trades being bullish. Analysts maintain positive ratings with target prices up to $149. The stock is currently trading at $116.58, indicating a potential upward trend.
The options market data indicates a bullish sentiment with more calls than puts, suggesting investors expect the stock to rise. Analysts' positive ratings and high target prices further support this outlook. The current stock price increase aligns with these expectations.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100