Bears and XOM

Exxon Mobil Whale Trades Spotted
By Benzinga — 12:17 PM ET 07/12/2022

A whale with a lot of money to spend has taken a noticeably bearish stance on Exxon Mobil.

Looking at options history for Exxon Mobil (NYSE:XOM) we detected 16 strange trades.

If we consider the specifics of each trade, it is accurate to state that 37% of the investors opened trades with bullish expectations and 62% with bearish.

From the overall spotted trades, 11 are puts, for a total amount of $559,928 and 5, calls, for a total amount of $411,800.