OB
OptionBigBull
Earnings Dashboard

XOM

upcoming

EXXON MOBIL CORP

Time TBDmega capFriday, May 1, 2026

Expected Move Analysis

Expected
4.8%
Current Stock Price

$154.33

Expected Move

±4.8%

±$7.45

IV Rank

75

High

Put/Call Ratio

1.15

Bearish bias

Analysis & Commentary

EXXON MOBIL CORP (XOM) reports earnings Friday . Consensus EPS estimate is $1.58.

IV Rank is elevated at 75, indicating options premiums are pricing in a larger-than-usual move. This creates an edge for premium sellers — the IV crush after the event can be significant.

A short strangle with strikes beyond the ±4.8% expected move could capture the IV crush. This is a higher-risk play — consider defined-risk alternatives or strict position sizing.

Enter the position 1-2 days before earnings to capture the final IV ramp. Plan to close the morning after the report once IV collapses — don't hold hoping for further decay.

XOM Earnings History & Options Strategy | OptionBigBull