Exxon Mobil Options Trading: A Deep Dive into Market Sentiment

Financial giants have made a conspicuous bullish move on Exxon Mobil. Our analysis of options history for Exxon Mobil XOM revealed 21 unusual trades.

Delving into the details, we found 52% of traders were bullish, while 47% showed bearish tendencies. Out of all the trades we spotted, 9 were puts, with a value of $358,503, and 12 were calls, valued at $536,171.

Expected Price Movements

Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $85.0 to $110.0 for Exxon Mobil over the recent three months.

Insights into Volume & Open Interest

Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.

This data can help you track the liquidity and interest for Exxon Mobil's options for a given strike price.

Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Exxon Mobil's whale activity within a strike price range from $85.0 to $110.0 in the last 30 days.

Exxon Mobil Option Activity Analysis: Last 30 Days

Significant Options Trades Detected:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Strike Price Total Trade Price Open Interest Volume
XOM CALL SWEEP BULLISH 03/15/24 $90.00 $135.5K 877 112
XOM CALL TRADE BULLISH 01/17/25 $100.00 $81.9K 3.6K 85
XOM PUT SWEEP BULLISH 01/12/24 $97.00 $59.0K 1.3K 76
XOM PUT SWEEP BEARISH 12/19/25 $85.00 $50.6K 238 106
XOM CALL TRADE BEARISH 06/21/24 $90.00 $46.1K 635 109

About Exxon Mobil

ExxonMobil is an integrated oil and gas company that explores for, produces, and refines oil around the world. In 2022, it produced 2.4 million barrels of liquids and 8.3 billion cubic feet of natural gas per day. At the end of 2022, reserves were 17.7 billion barrels of oil equivalent, 65% of which were liquids. The company is the world's largest refiner with a total global refining capacity of 4.6 million barrels of oil per day and is one of the world's largest manufacturers of commodity and specialty chemicals.

Having examined the options trading patterns of Exxon Mobil, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance

Exxon Mobil's Current Market Status

  • With a trading volume of 11,361,535, the price of XOM is up by 0.91%, reaching $100.89.
  • Current RSI values indicate that the stock is may be approaching overbought.
  • Next earnings report is scheduled for 28 days from now.

Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for Exxon Mobil with Benzinga Pro for real-time alerts.

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Posted In: OptionsMarketsBZI-UOA
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