Financial giants have made a conspicuous bullish move on Exxon Mobil. Our analysis of options history for Exxon Mobil (NYSE:XOM) revealed 22 unusual trades.
Delving into the details, we found 54% of traders were bullish, while 18% showed bearish tendencies. Out of all the trades we spotted, 11 were puts, with a value of $698,028, and 11 were calls, valued at $500,470.
Projected Price Targets
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $70.0 to $130.0 for Exxon Mobil during the past quarter.
Volume & Open Interest Trends
Examining the volume and open interest provides crucial insights into stock research. This information is key in gauging liquidity and interest levels for Exxon Mobil's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across Exxon Mobil's significant trades, within a strike price range of $70.0 to $130.0, over the past month.
Exxon Mobil Option Volume And Open Interest Over Last 30 Days
Largest Options Trades Observed:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| XOM | PUT | TRADE | BEARISH | 12/18/26 | $11.9 | $10.85 | $11.9 | $105.00 | $178.5K | 401 | 0 |
| XOM | PUT | SWEEP | NEUTRAL | 06/21/24 | $13.3 | $12.75 | $13.0 | $122.00 | $117.0K | 0 | 0 |
| XOM | CALL | TRADE | BULLISH | 08/16/24 | $3.65 | $3.6 | $3.63 | $110.00 | $94.7K | 929 | 349 |
| XOM | PUT | TRADE | BULLISH | 10/18/24 | $3.25 | $3.15 | $3.19 | $105.00 | $89.3K | 3.1K | 133 |
| XOM | PUT | SWEEP | BEARISH | 12/20/24 | $3.0 | $2.99 | $3.0 | $100.00 | $87.0K | 6.5K | 6 |
About Exxon Mobil
ExxonMobil is an integrated oil and gas company that explores for, produces, and refines oil around the world. In 2023, it produced 2.4 million barrels of liquids and 7.7 billion cubic feet of natural gas per day. At the end of 2023, reserves were 16.9 billion barrels of oil equivalent, 66% of which were liquids. The company is one the world's largest refiners with a total global refining capacity of 4.5 million barrels of oil per day and is one of the world's largest manufacturers of commodity and specialty chemicals.
In light of the recent options history for Exxon Mobil, it's now appropriate to focus on the company itself. We aim to explore its current performance.
Present Market Standing of Exxon Mobil
- With a trading volume of 12,022,880, the price of XOM is down by -0.56%, reaching $108.5.
- Current RSI values indicate that the stock is may be oversold.
- Next earnings report is scheduled for 39 days from now.
Expert Opinions on Exxon Mobil
Over the past month, 1 industry analysts have shared their insights on this stock, proposing an average target price of $124.0.
- Reflecting concerns, an analyst from Truist Securities lowers its rating to Hold with a new price target of $124.
Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest Exxon Mobil options trades with real-time alerts from Benzinga Pro.