What the Options Market Tells Us About Exxon Mobil – Exxon Mobil (NYSE:XOM)

Whales with a lot of money to spend have taken a noticeably bearish stance on Exxon Mobil.

Looking at options history for Exxon Mobil (NYSE:XOM) we detected 58 trades.

If we consider the specifics of each trade, it is accurate to state that 41% of the investors opened trades with bullish expectations and 53% with bearish.

From the overall spotted trades, 19 are puts, for a total amount of $1,388,724 and 39, calls, for a total amount of $2,710,117.

Predicted Price Range

Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $100.0 to $200.0 for Exxon Mobil over the recent three months.

Volume & Open Interest Trends

Assessing the volume and open interest is a strategic step in options trading. These metrics shed light on the liquidity and investor interest in Exxon Mobil’s options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to Exxon Mobil’s substantial trades, within a strike price spectrum from $100.0 to $200.0 over the preceding 30 days.

Exxon Mobil Option Volume And Open Interest Over Last 30 Days