XOM Option Call 29-11-2024 121 Option on Exxon Mobil Corp

XOM Stock  USD 117.66  0.31  0.26%   
XOM Option Call 29-11-2024 121 is a CALL option contract on Exxon's common stock with a strick price of 121.0 expiring on 2024-11-29. The contract was last traded on 2024-11-27 at 11:02:02 for $0.04 and, as of today, has 1 days remaining before the expiration. The option is currently trading at a bid price of $0.03, and an ask price of $0.04. The implied volatility as of the 28th of November is 1.0.
  
Call options on Exxon give the investor right to buy Exxon Stock at a specified price within a specific period. If Exxon's price is above the strike price at expiry, the profit is the current Exxon's stock price, minus the strike price and the premium.

Rule 16 of 2024-11-29 Option Contract

The options market is anticipating that Exxon Mobil Corp will have an average daily up or down price movement of about 0.009705% per day over the life of the option. With Exxon trading at USD 117.66, that is roughly USD 0.0114. If you think that the market is fully understating Exxon's daily price movement you should consider buying Exxon Mobil Corp options at that current volatility level of 0.16%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

Out Of The Money Call Option on Exxon

An 'Out of The Money' option on Exxon has a strike price that Exxon Stock has yet to reach, meaning the option has no intrinsic value. 'Out of The Money' options are usually less costly than 'In The Money' options, making them more desirable to traders with smaller amounts of capital. Some of the uses for Exxon's 'Out of The Money' options include buying the options if you expect a big move in Exxon's stock. Since 'Out of The Money' options have a lower up-front cost (i.e., no intrinsic value) than 'In The Money' options, buying it is a reasonable choice.
Call Contract NameXOM Option Call 29-11-2024 121
Expires On2024-11-29
Days Before Expriration1
Last Traded On2024-11-27 11:02:02
Open Interest2346
Current Trading Volume385.0
Strike Price121.0
Last Traded At0.04
Current Price Spread0.03 | 0.04
Rule 16 Daily Up or DownUSD 0.0114

Exxon long CALL Option Payoff at expiration

Buying Exxon's call option is the simplest of option trades. A call option on Exxon Stock gives investors the right (but not the obligation) to purchase Exxon at the given strike price. Therefore Exxon's call intrinsic value or payoff at expiration depends on where the Exxon Stock price is relative to the call option strike price. The strike price of 121.0 is the critical point that divides the payoff function into two parts. Below the strike, the payoff chart is constant and negative (the trade is a loss). Above the strike, the payoff line is upward sloping as the option payoff rises in proportion with Exxon's price. Finally, at the break-even point of 121.0, the line crosses zero, and trading Exxon becomes profitable.
   Profit   
       Exxon Price At Expiration  

Exxon short CALL Option Payoff at expiration

By selling Exxon's call option, the investors signals his or her bearish sentiment. A short position in a call option written on Exxon will generally make money when the underlying price goes down. Therefore Exxon's call intrinsic value or payoff at expiration depends on where the Exxon Stock price is relative to the call option strike price. The strike price of 121.0 is the critical point that divides the payoff function into two parts. Below the strike, the payoff chart is constant and positive (the seller makes a profit). Above the strike, the payoff line is downward sloping as the option payoff drops in proportion to Exxon's price. Finally, at the break-even point of 121.0, the line crosses zero, and trading Exxon becomes disadvantageous with no downside limits.
   Profit   
       Exxon Price At Expiration  
View All Exxon Options

Exxon Mobil Corp Available Call Options

Exxon's option chain is a display of a range of information that helps investors for ways to trade options on Exxon. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Exxon. It also shows strike prices and maturity days for a Exxon against a given expiration period. The table below combines all the option information in the form of a chain but before you use it, remember that it entails significant risk and it is not for everyone.
Open IntExpirationCurrent SpreadLast Price
Call
XOM Option Call 29-11-2024 7502024-11-2941.4 - 44.3546.65In
Call
XOM Option Call 29-11-2024 8002024-11-2936.4 - 40.041.55In
Call
XOM Option Call 29-11-2024 8502024-11-2931.4 - 35.036.55In
Call
XOM Option Call 29-11-2024 10002024-11-2916.5 - 19.4521.55In
Call
XOM Option Call 29-11-2024 10542024-11-2913.1 - 13.7513.43In
Call
XOM Option Call 29-11-2024 10612024-11-2912.1 - 12.813.9In
Call
XOM Option Call 29-11-2024 10712024-11-2911.2 - 11.6511.42In
Call
XOM Option Call 29-11-2024 10802024-11-2910.1 - 10.6511.84In
Call
XOM Option Call 29-11-2024 1102322024-11-298.15 - 8.712.0In
Call
XOM Option Call 29-11-2024 11122024-11-297.1 - 7.6511.15In
Call
XOM Option Call 29-11-2024 11202024-11-297.8 - 9.1510.51In
Call
XOM Option Call 29-11-2024 11372024-11-295.15 - 5.656.1In
Call
XOM Option Call 29-11-2024 11402024-11-294.2 - 4.656.5In
Call
XOM Option Call 29-11-2024 115262024-11-293.35 - 3.63.45In
Call
XOM Option Call 29-11-2024 116362024-11-292.39 - 2.622.55In
Call
XOM Option Call 29-11-2024 1171322024-11-291.54 - 1.671.54In
Call
XOM Option Call 29-11-2024 1186772024-11-290.7 - 0.840.85In
Call
XOM Option Call 29-11-2024 1198582024-11-290.27 - 0.320.28Out
Call
XOM Option Call 29-11-2024 12028772024-11-290.09 - 0.10.1Out
Call
XOM Option Call 29-11-2024 12123462024-11-290.03 - 0.040.04Out
Call
XOM Option Call 29-11-2024 12233822024-11-290.01 - 0.030.02Out
Call
XOM Option Call 29-11-2024 12332492024-11-290.01 - 0.020.02Out
Call
XOM Option Call 29-11-2024 12416822024-11-290.01 - 0.020.02Out
Call
XOM Option Call 29-11-2024 12556232024-11-290.0 - 0.010.01Out
Call
XOM Option Call 29-11-2024 1266892024-11-290.0 - 0.020.01Out
Call
XOM Option Call 29-11-2024 1279952024-11-290.0 - 0.010.01Out
Call
XOM Option Call 29-11-2024 12814472024-11-290.0 - 0.040.17Out
Call
XOM Option Call 29-11-2024 1292072024-11-290.0 - 0.50.02Out
Call
XOM Option Call 29-11-2024 1304742024-11-290.0 - 0.010.01Out
Call
XOM Option Call 29-11-2024 131492024-11-290.0 - 0.010.01Out
Call
XOM Option Call 29-11-2024 1321112024-11-290.0 - 0.050.71Out
Call
XOM Option Call 29-11-2024 133292024-11-290.0 - 0.750.03Out
Call
XOM Option Call 29-11-2024 13462024-11-290.0 - 0.750.01Out
Call
XOM Option Call 29-11-2024 135502024-11-290.0 - 0.750.02Out
Call
XOM Option Call 29-11-2024 1401442024-11-290.0 - 0.590.01Out
Call
XOM Option Call 29-11-2024 145252024-11-290.0 - 0.030.02Out

Exxon Corporate Directors

Steven ReinemundPresiding Independent DirectorProfile
Wan AriffinIndependent DirectorProfile
Samuel PalmisanoPresiding Independent DirectorProfile
William WeldonIndependent DirectorProfile
When determining whether Exxon Mobil Corp is a strong investment it is important to analyze Exxon's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Exxon's future performance. For an informed investment choice regarding Exxon Stock, refer to the following important reports:
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Exxon Mobil Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
Is Oil, Gas & Consumable Fuels space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Exxon. If investors know Exxon will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Exxon listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.15)
Dividend Share
3.8
Earnings Share
8.03
Revenue Per Share
81.881
Quarterly Revenue Growth
(0.01)
The market value of Exxon Mobil Corp is measured differently than its book value, which is the value of Exxon that is recorded on the company's balance sheet. Investors also form their own opinion of Exxon's value that differs from its market value or its book value, called intrinsic value, which is Exxon's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Exxon's market value can be influenced by many factors that don't directly affect Exxon's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Exxon's value and its price as these two are different measures arrived at by different means. Investors typically determine if Exxon is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Exxon's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.