Understanding Recent Trends and Insights on Exxon Mobil's Options
Insights into Exxon Mobil's Unusual Options Activity
Exxon Mobil has recently seen a notable shift in market sentiment, with various financial entities making significant bearish moves. Our in-depth analysis of the trading history for Exxon Mobil (XOM) indicates a remarkable 21 unusual trades that have caught the attention of market observers.
Breaking down the trading patterns, we uncovered that about 38% of traders exhibited a bullish stance, while 42% leaned towards bearish behavior. Specifically, within these trades, there were 3 put options valued at $108,412, and 18 call options, which totaled a considerable $989,955.
Assessing the Price Targets
A close examination of trading volumes and open interest illustrates that significant market players are concentrating on a price range between $70.0 and $115.0 for Exxon Mobil, a trend observed over the past three months.
Volume and Open Interest Analysis
Delving into volume and open interest offers essential insights for stock researchers. This data is crucial in assessing liquidity and the levels of interest in Exxon Mobil's options at various strike prices. Below, we summarize the recent trends in volume and open interest for both calls and puts related to Exxon Mobil's significant trades spanning a strike price range of $70.0 to $115.0 over the past month.
Recent Options Activity
Here are some notable options trades detected:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| XOM | CALL | TRADE | BULLISH | 12/18/26 | $40.0 | $39.3 | $39.73 | $70.00 | $198.6K | 337 | 50 |
| XOM | CALL | SWEEP | NEUTRAL | 01/10/25 | $0.68 | $0.56 | $0.62 | $111.00 | $111.0K | 613 | 1.8K |
| XOM | CALL | TRADE | BEARISH | 01/15/27 | $15.75 | $15.4 | $15.5 | $105.00 | $77.5K | 316 | 50 |
| XOM | CALL | SWEEP | BULLISH | 01/17/25 | $0.9 | $0.85 | $0.9 | $111.00 | $76.9K | 404 | 941 |
| XOM | CALL | TRADE | BEARISH | 01/03/25 | $4.5 | $3.55 | $3.7 | $105.00 | $66.6K | 557 | 15 |
Understanding Exxon Mobil
Exxon Mobil represents a powerful force in the global oil and gas industry. It is involved in various stages of production, from exploration to refining oil and gas on an international scale. In recent times, it has showcased impressive production metrics, averaging 2.4 million barrels of liquids along with 7.7 billion cubic feet of natural gas daily throughout 2023. By the end of that year, Exxon had proven reserves estimated at 16.9 billion barrels of oil equivalent, with a significant 66% comprised of liquids. Furthermore, it stands as one of the top refiners globally, boasting a refining capacity of 4.5 million barrels per day, alongside a robust production of both commodity and specialty chemicals.
Exploring recent options trading surrounding Exxon Mobil, we aim for a deeper understanding of its market position and performance metrics.
Current Market Status of Exxon Mobil
- The stock is actively trading with a volume of 6,049,051, currently priced at $107.06, reflecting a minor decline of -0.47%.
- Recent RSI analytics suggest that the stock might be entering an oversold territory.
- Important earnings releases are expected within the next 29 days, potentially influencing future trading actions.
Market Analysts' Perspectives on Exxon Mobil
In the past month, analysis from five experts on Exxon Mobil has revealed a consensus average target price set at $129.6. Noteworthy ratings include:
Transforming $1000 into $1270 in just 20 days?
As traders navigate options strategies, it's vital to remain informed and agile to capitalize on market movements. An analyst from a major firm has recently adjusted its ratings, lowering it to Sector Perform with a new target set at $115. Conversely, various analysts including those from JP Morgan, Mizuho, Piper Sandler, and UBS have expressed varied outlooks, with target prices ranging from $125 to $147.
Engagement in options trading inherently involves a spectrum of risk and reward. Successful traders prioritize the cultivation of knowledge, adaptation of strategies, and the continuous monitoring of various market indicators. To stay updated with the most recent developments regarding Exxon Mobil's options trades, consider enabling real-time alerts.
Frequently Asked Questions
What recent trends have been identified in Exxon Mobil's options activity?
Recent unusual options activity reflects a bearish sentiment, with a significant number of trades directed towards puts and calls.
What is the average target price set by analysts for Exxon Mobil?
The average target price according to analyst evaluations is around $129.6, indicating general optimism about its future performance.
How is the market currently responding to Exxon Mobil's stock?
The stock has experienced slight downward movement recently but shows strong trading volume, highlighting active investor interest.
What factors impact the price targets set for Exxon Mobil?
Price targets are influenced by market conditions, company performance metrics, and broader economic trends affecting the oil and gas sector.
How can investors stay informed about Exxon Mobil's trading activity?
Investors can stay informed by following real-time market alerts and analysts' insights on Exxon Mobil's performance and options trading activity.
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