Exxon Mobil (NYSE: XOM) closed at $69.99. XOM is expected to report Q2 EPS on July 30. Crude oil futures are recently down .35% to $65.17, according to Bloomberg. August option implied volatility of 23 is below its 26-week average of 34, according to Track Data, suggesting decreasing price fluctuations.
Financial Select Sector-XLF overall volatility at 38; 26-week average is 60.
Option Update is provided by Stock Specialist Paul Foster of theflyonthewall.com.










