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Options Corner: Exxon Mobil Sees Unusual Options Activity

Benzinga ·  Apr 29 13:27

Financial giants have made a conspicuous bullish move on Exxon Mobil. Our analysis of options history for $Exxon Mobil (XOM.US)$ revealed 25 unusual trades.

Delving into the details, we found 60% of traders were bullish, while 28% showed bearish tendencies. Out of all the trades we spotted, 5 were puts, with a value of $226,087, and 20 were calls, valued at $1,255,503.

What's The Price Target?

After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $70.0 and $160.0 for Exxon Mobil, spanning the last three months.

Insights into Volume & Open Interest

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 $160.0, over the past month.

Exxon Mobil 30-Day Option Volume & Interest Snapshot

Largest Options Trades Observed:

Symbol

PUT/CALL

Trade Type

Sentiment

Exp. Date

Ask

Bid

Price

Strike Price

Total Trade Price

Open Interest

Volume

XOM

CALL

SWEEP

NEUTRAL

06/20/25

$24.5

$24.35

$24.46

$100.00

$122.4K

428

100

XOM

CALL

SWEEP

BEARISH

06/20/25

$24.65

$24.45

$24.45

$100.00

$122.2K

428

150

XOM

CALL

TRADE

BULLISH

01/16/26

$24.2

$24.2

$24.2

$105.00

$104.0K

1.2K

43

XOM

CALL

TRADE

BULLISH

01/17/25

$15.4

$15.25

$15.4

$110.00

$90.8K

5.7K

60

XOM

CALL

TRADE

NEUTRAL

12/20/24

$8.3

$8.15

$8.23

$120.00

$82.3K

2.7K

300

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.

Where Is Exxon Mobil Standing Right Now?

  • With a trading volume of 9,212,886, the price of XOM is up by 1.36%, reaching $119.56.

  • Current RSI values indicate that the stock is is currently neutral between overbought and oversold.

  • Next earnings report is scheduled for 88 days from now.

What Analysts Are Saying About Exxon Mobil

In the last month, 5 experts released ratings on this stock with an average target price of $136.4.

  • An analyst from Scotiabank persists with their Sector Perform rating on Exxon Mobil, maintaining a target price of $129.

  • Maintaining their stance, an analyst from UBS continues to hold a Buy rating for Exxon Mobil, targeting a price of $150.

  • An analyst from Wells Fargo persists with their Overweight rating on Exxon Mobil, maintaining a target price of $138.

  • An analyst from TD Cowen has decided to maintain their Buy rating on Exxon Mobil, which currently sits at a price target of $120.

  • An analyst from Piper Sandler persists with their Overweight rating on Exxon Mobil, maintaining a target price of $145.

Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
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