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Benzinga

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Priya Nigam

EXPLAINED: Traders expect exxon mobil rally to continue | Vintage Vibes

Exxon Mobil Exxon Exxon Mobil Corp NYSE Michael Khouw

Shares of Exxon Mobil Corp (NYSE:XOM) has risen by almost 63% year to date.

On CNBC's "Options Action," Michael Khouw of Optimize Advisors said that Exxon Mobil traded more than 2 times its average daily volume on Tuesday. Calls outpaced puts by 2:1, he added.

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