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.
Exxon |
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 Name | XOM Option Call 29-11-2024 121 |
Expires On | 2024-11-29 |
Days Before Expriration | 1 |
Last Traded On | 2024-11-27 11:02:02 |
Open Interest | 2346 |
Current Trading Volume | 385.0 |
Strike Price | 121.0 |
Last Traded At | 0.04 |
Current Price Spread | 0.03 | 0.04 |
Rule 16 Daily Up or Down | USD 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 |
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 Int | Expiration | Current Spread | Last Price | |||
Call | XOM Option Call 29-11-2024 75 | 0 | 2024-11-29 | 41.4 - 44.35 | 46.65 | In |
Call | XOM Option Call 29-11-2024 80 | 0 | 2024-11-29 | 36.4 - 40.0 | 41.55 | In |
Call | XOM Option Call 29-11-2024 85 | 0 | 2024-11-29 | 31.4 - 35.0 | 36.55 | In |
Call | XOM Option Call 29-11-2024 100 | 0 | 2024-11-29 | 16.5 - 19.45 | 21.55 | In |
Call | XOM Option Call 29-11-2024 105 | 4 | 2024-11-29 | 13.1 - 13.75 | 13.43 | In |
Call | XOM Option Call 29-11-2024 106 | 1 | 2024-11-29 | 12.1 - 12.8 | 13.9 | In |
Call | XOM Option Call 29-11-2024 107 | 1 | 2024-11-29 | 11.2 - 11.65 | 11.42 | In |
Call | XOM Option Call 29-11-2024 108 | 0 | 2024-11-29 | 10.1 - 10.65 | 11.84 | In |
Call | XOM Option Call 29-11-2024 110 | 232 | 2024-11-29 | 8.15 - 8.7 | 12.0 | In |
Call | XOM Option Call 29-11-2024 111 | 2 | 2024-11-29 | 7.1 - 7.65 | 11.15 | In |
Call | XOM Option Call 29-11-2024 112 | 0 | 2024-11-29 | 7.8 - 9.15 | 10.51 | In |
Call | XOM Option Call 29-11-2024 113 | 7 | 2024-11-29 | 5.15 - 5.65 | 6.1 | In |
Call | XOM Option Call 29-11-2024 114 | 0 | 2024-11-29 | 4.2 - 4.65 | 6.5 | In |
Call | XOM Option Call 29-11-2024 115 | 26 | 2024-11-29 | 3.35 - 3.6 | 3.45 | In |
Call | XOM Option Call 29-11-2024 116 | 36 | 2024-11-29 | 2.39 - 2.62 | 2.55 | In |
Call | XOM Option Call 29-11-2024 117 | 132 | 2024-11-29 | 1.54 - 1.67 | 1.54 | In |
Call | XOM Option Call 29-11-2024 118 | 677 | 2024-11-29 | 0.7 - 0.84 | 0.85 | In |
Call | XOM Option Call 29-11-2024 119 | 858 | 2024-11-29 | 0.27 - 0.32 | 0.28 | Out |
Call | XOM Option Call 29-11-2024 120 | 2877 | 2024-11-29 | 0.09 - 0.1 | 0.1 | Out |
Call | XOM Option Call 29-11-2024 121 | 2346 | 2024-11-29 | 0.03 - 0.04 | 0.04 | Out |
Call | XOM Option Call 29-11-2024 122 | 3382 | 2024-11-29 | 0.01 - 0.03 | 0.02 | Out |
Call | XOM Option Call 29-11-2024 123 | 3249 | 2024-11-29 | 0.01 - 0.02 | 0.02 | Out |
Call | XOM Option Call 29-11-2024 124 | 1682 | 2024-11-29 | 0.01 - 0.02 | 0.02 | Out |
Call | XOM Option Call 29-11-2024 125 | 5623 | 2024-11-29 | 0.0 - 0.01 | 0.01 | Out |
Call | XOM Option Call 29-11-2024 126 | 689 | 2024-11-29 | 0.0 - 0.02 | 0.01 | Out |
Call | XOM Option Call 29-11-2024 127 | 995 | 2024-11-29 | 0.0 - 0.01 | 0.01 | Out |
Call | XOM Option Call 29-11-2024 128 | 1447 | 2024-11-29 | 0.0 - 0.04 | 0.17 | Out |
Call | XOM Option Call 29-11-2024 129 | 207 | 2024-11-29 | 0.0 - 0.5 | 0.02 | Out |
Call | XOM Option Call 29-11-2024 130 | 474 | 2024-11-29 | 0.0 - 0.01 | 0.01 | Out |
Call | XOM Option Call 29-11-2024 131 | 49 | 2024-11-29 | 0.0 - 0.01 | 0.01 | Out |
Call | XOM Option Call 29-11-2024 132 | 111 | 2024-11-29 | 0.0 - 0.05 | 0.71 | Out |
Call | XOM Option Call 29-11-2024 133 | 29 | 2024-11-29 | 0.0 - 0.75 | 0.03 | Out |
Call | XOM Option Call 29-11-2024 134 | 6 | 2024-11-29 | 0.0 - 0.75 | 0.01 | Out |
Call | XOM Option Call 29-11-2024 135 | 50 | 2024-11-29 | 0.0 - 0.75 | 0.02 | Out |
Call | XOM Option Call 29-11-2024 140 | 144 | 2024-11-29 | 0.0 - 0.59 | 0.01 | Out |
Call | XOM Option Call 29-11-2024 145 | 25 | 2024-11-29 | 0.0 - 0.03 | 0.02 | Out |
Exxon Corporate Directors
Steven Reinemund | Presiding Independent Director | Profile | |
Wan Ariffin | Independent Director | Profile | |
Samuel Palmisano | Presiding Independent Director | Profile | |
William Weldon | Independent Director | Profile |
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.