Unpacking the Latest Options Trading Trends in Exxon Mobil
Portfolio Pulse from Benzinga Insights
Recent options trading trends indicate a bearish sentiment among big-money investors towards Exxon Mobil (NYSE:XOM). Benzinga's options scanner identified 16 unusual trades, with 56% being bearish. The trades suggest a price window of $105 to $130 for XOM. Analysts have mixed ratings, with price targets ranging from $117 to $137.
October 18, 2024 | 8:30 pm
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Exxon Mobil is experiencing a bearish sentiment from large investors, with 56% of recent options trades being bearish. Analysts have mixed ratings, with price targets ranging from $117 to $137.
The bearish sentiment from large investors, as indicated by the options trades, suggests a potential short-term decline in XOM's stock price. The mixed analyst ratings and price targets further contribute to uncertainty, but the overall sentiment leans bearish.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100