01 — XOM · BEAR CALL SPREADS

Best XOM bear call spreads setups.

Pick how long you want to wait and how much risk you'll take. We score every live strike across the next 3 expirations and surface the top setups — updated hourly.

Largest US energy supermajor with steady options flow tied to crude prices and capital-return policy.

Find the best strikes →FREE · 20 ANALYSES/DAY · NO CARD

ExxonMobil

Energy

XOM

$183.29+12.6% / 30d

IV rank (1y)

20.3% · low

Next earnings

Oct 30

Market cap

$753.7B

P/E (fwd)

15.3

Dividend

$4.08 · Aug 17

Option vol

12K /day

02 — Live setups

Suggested strikes

Choose your time horizon and risk band. Every match is scored on return, premium, and probability of profit.

Days to expiration

Probability of profit

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Top pick · credit spread

$192.5/$195 call spread · Nov 20

22 DAYS · 5.8% OTM · 3 WIDE · SELL TO OPEN

Credit

$63

Return

33.69%

PoP

74%

Spread	Expiration	Credit	Return ↓	PoP
$190 / $192.5 4.4% OTM · 3 wide	Nov 20 22 days	$54 $0.54 / share	27.55%	67%

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03 — Strategy

Bear Call Spreads, plainly explained

Moderately bearish or neutral traders seeking defined-risk credit income.

P&L at expiration · $192.5/$195 call spread · 22 DTE

Key numbers

Premium collected+$63

Max profit+$63

Max loss−$187

Breakeven$193.13

Spread$192.5 / $195

Probability of profit74%

Days to expiration22

When this trade makes sense

Use when

Avoid when

Read the full bear call spreads guide →

04 — By condition

Read by market condition

High Implied Volatility

Post-Earnings IV Crush

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05 — RUN IT LIVE

See the highest chance of profit on XOM.

Option Agent scans live chains and recommends setups based on current market conditions.

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