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Option update: XOM and COP elevated as oil breaks $99

posted 530 weeks ago on BloggingStocks

Filed under: Exxon Mobil (XOM), ConocoPhillips (COP), OptionsExxonMobil (NYSE: XOM) closed at $87.82 Tuesday. Crude oil futures are up 0.63% to $98.65 according to Bloomberg. XOM overall option implied volatility of 31 is above its 26-week average of 25 according to Track Data, suggesting larger price fluctuations. ConocoPhillips (NYSE: COP) closed at $79.29 Tuesday. COP overall option implied volatility of 34 is above its 26-week average of 29 according to Track Data, suggesting larger risks. Daily options Update is provided by Stock Specialist Paul Foster of theflyonthewall.com.Permalink | Email this | Comments

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