Exxon's most recent trend suggests a bullish bias. One trading opportunity on Exxon is a Bull Put Spread using a strike $97.50 short put and a strike $92.50 long put offers a potential 7.76% return on risk over the next 19 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $97.50 by expiration. The full premium credit of $0.36 would be kept by the premium seller. The risk of $4.64 would be incurred if the stock dropped below the $92.50 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 67.02 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Exxon
Energy Funds Get New Cash in '13 — But It's All About Yield
Mon, 30 Dec 2013 20:57:00 GMT
Barrons.com – Fund-tracker EPFR reports the energy sector's mutual funds are on track for full-year investor inflows for the first time since 2010. But this isn't a story about oil prices or Exxon Mobil (XOM). It's …
One Put, One Call Option To Know About For Exxon Mobil
Mon, 30 Dec 2013 17:28:00 GMT
TheStreet – Consistently, one of the more popular stocks people enter into their stock options watchlist at Stock Options Channel is Exxon Mobil Corp. .
This Natural Gas Company Just Reached a Dubious Milestone: Most Hated Energy Stock
Mon, 30 Dec 2013 16:45:08 GMT
Motley Fool – This is probably not something Interoil wants, but it's now the most shorted energy stock.
Warren Buffett's Portfolio Reshuffled in 2013 and is Betting Big on Oil
Mon, 30 Dec 2013 15:01:56 GMT
Motley Fool – The Oracle of Omaha is finding opportunity in the oil patch.
The Role Of ExxonMobil's Buyback In Creating 10% Growth
Mon, 30 Dec 2013 14:47:07 GMT
Seeking Alpha – In 2003, ExxonMobil ( XOM ) created an astounding $17.03 billion in net profit for investors. As 2013 winds to a close, Exxon is now pumping from the ground $32.95 billion in total profits for its shareholders. …
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