Exxon Mobil (XOM) faces high stakes as it prepares to disclose financial results amidst geopolitical tensions. Iranian-backed militias threaten attacks, sparking protests in Iran. Q4 earnings expected at $1.68 EPS on $82.28 billion revenue. XOM stock has trended sideways, with options traders hedging recent gains. Volatility skew indicates smart money prioritizing protection. Expected move calculator suggests XOM stock may range between $131.53 and $143.63. Consider a bear put spread for potential profit as stock trend may turn negative.

Read more at Barchart: Why the Smart Money is Pensive Ahead of Exxon Mobil’s (XOM) Q4 Earnings Report