Exxon's most recent trend suggests a bullish bias. One trading opportunity on Exxon is a Bull Put Spread using a strike $95.00 short put and a strike $90.00 long put offers a potential 5.49% return on risk over the next 29 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $95.00 by expiration. The full premium credit of $0.26 would be kept by the premium seller. The risk of $4.74 would be incurred if the stock dropped below the $90.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Exxon is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for Exxon is bullish.
The RSI indicator is at 71.22 level which suggests that the stock is neither overbought nor oversold at this time.
To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here
LATEST NEWS for Exxon
Dow Today: Boeing (BA) Leads The Day Higher, Exxon Mobil Corporation (XOM) Lags
Fri, 20 Dec 2013 21:30:00 GMT
TheStreet – The Dow component that led the way higher today was Boeing (NYSE: BA ), which sported a $1.50 gain (+1.1%) bringing the stock to $136.67. Holding the Dow back today was Exxon Mobil Corporation (NYSE: XOM …
Pisani: Market lost some altitude
Fri, 20 Dec 2013 20:57:00 GMT
CNBC – CNBC's Bob Pisani breaks down what's moving in the closing moments of the market, and explains “market on close” orders and why volume skyrockets at market close.
ExxonMobil Holiday Gift Helps Grapevine Nonprofit Agency Serve North Texas Families
Fri, 20 Dec 2013 18:22:00 GMT
Business Wire – Rex W. Tillerson, chairman and chief executive officer of Exxon Mobil Corporation, today presented the company’s annual holiday gift of $50,000 to Grapevine Relief And Community Ex
Pisani: Technically, it's as good as it gets
Fri, 20 Dec 2013 16:34:00 GMT
CNBC – CNBC's Bob Pisani looks at what's moving in the markets, including the strong technicals and fund flows.
If You Like Exxon Mobil Here, You're Gonna Love Chevron
Fri, 20 Dec 2013 15:46:20 GMT
Seeking Alpha – Famed investor Warren Buffett of Berkshire Hathaway and investment house Goldman Sachs are among those singing the praises of Exxon Mobil ( XOM ) recently. My question is: where is the love for Chevron …
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