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 33 strange trades.
A new exchange-traded fund (ETF) called ‘God Bless America’ (ticker: YALL) was filed on July 12 with the U. S. Securities and Exchange Commission (SEC). YALL stands to be an anti- environmental, social justice, equitable governance (ESG) ETF.
This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
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.
Exxon Mobil Corp (NYSE: XOM) shares are trading lower by 2.72% to $82.51 Wednesday morning. Shares of energy companies are trading lower again Wednesday amid a drop in oil prices as investors assess recession concerns. Concerns of an economic slowdown have pressured the demand outlook.
OPEC has announced that its Secretary General Mohammad Barkindo had passed away at the age of 63.
Barkindo held the position for six years and was due to step down from his post at the end of July. He was set to join the U.S. think tank Atlantic Council's Global Energy Center as a distinguished fellow.
The S&P 500 closed the month of June posting the worst half of a year since 1970 and the worst quarter since the first quarter of 2020, a period that included the official declaration of COVID-19 being a pandemic.