XOM Jun 2024 60.000 put
| Previous close | 0.2400 |
| Open | 0.2000 |
| Bid | 0.1300 |
| Ask | 0.2500 |
| Strike | 60.00 |
| Expiry date | 2024-06-21 |
| Day's range | 0.1700 - 0.2000 |
| Contract range | N/A |
| Volume | |
| Open interest | 251 |
- Yahoo Finance Video
Buy Exxon & McDonald's, Sell Macy's: Strategist's stock picks
Energy stocks are pushing market indices higher in Monday's trading session as oil prices remain elevated. Mahoney Asset Management CEO Ken Mahoney shares some of his latest stock trades and sales, endorsing Exxon Mobil (XOM) and McDonald's (MCD), while advising against buying into Macy's (M) or small cap stocks from the Russell 2000 (^RUT). "For investors, they kind of know the downside, something like $70 a barrel," Mahoney says on Exxon. "I think it's a good way to invest outside of tech as a way to get a decent dividend, more of a value play, and hopefully there is that clip... in the low $70s." "Then you look at Macy's: the entire year they do about $25 billion in revenue," Mahoney compares Macy's sales to Amazon's (AMZN) Prime Day success. "So basically one day in Amazon is about six months of buys and sells of Macy's. I think it's a pretty big difference."For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
Zacks4 Integrated Energy Stocks Set to Escape Industry Weakness
Recessionary concerns & refining business uncertainties are spurring energy market volatility. This is making the outlook for the Zacks Oil and Gas Integrated International industry dull. ExxonMobil (XOM), Chevron (CVX), Shell (SHEL) and YPF Sociedad (YPF) will probably overcome market challenges.
ZacksExxonMobil (XOM) Seeks Subsidies for Gas-Derived Hydrogen
ExxonMobil's (XOM) CEO personally lobbies the Biden administration for natural gas-based hydrogen to qualify for energy subsidies.
